0 Building a Strategic Position in the Fluorspar Sector
AIM Announcement 9 March 2015
TERTIARY MINERALS PLC ("Tertiary" or "the Company")
Exercise of Warrants, Issue of Equity and Total Voting Rights
Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, announces that it has received a notice of exercise of Warrants to subscribe for 200,000 new ordinary shares of 1 pence each ("New Ordinary Shares") in the Company at an exercise price of 2.375p (the "Warrant Exercise").
On 9 March 2015, the Company resolved to issue a total of 200,000 New Ordinary Shares at
2.375p per share. The New Ordinary Shares will rank pari passu with the Company's existing
issued ordinary shares.
Application has been made to the London Stock Exchange for 200,000 New Ordinary Shares to be admitted to trading on AIM ("Admission"), and it is expected that Admission will occur on or around 13 March 2015.
Total Voting Rights
In accordance with Financial Conduct Authority's Disclosure and Transparency Rules ("DTR"), following the issue and Admission, the total issued share capital of the Company with voting rights will be 174,573,522 ordinary shares. The Company does not hold any ordinary shares in treasury.
The above figure of 174,573,522 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the DTR.
ENQUIRIES
Tertiary Minerals plc
Patrick Cheetham, Executive Chairman
Richard Clemmey, Managing Director
Tel: +44 (0)845 868 4580
S P Angel Corporate Finance LLP Nominated Adviser & Joint Broker Ewan Leggat / Katy Birkin
Tel: +44 (0) 20 3470 0470
Beaufort Securities Limited
Joint Broker
Saif Janjua
Tel: +44 (0)207 382 8300
Yellow Jersey PR Limited
Dominic Barretto / Kelsey Traynor Tel: +44 (0)7768 537 739
AIM: TYM | Find out more at www.tertiaryminerals.com
Notes to Editors
Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries. Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway) and a large deposit of strategic significance in Nevada USA (MB Project).
AIM: TYM