DIDCOT, UK / ACCESSWIRE / April 12, 2021 / Altus Strategies Plc (AIM:ALS)(TSXV:ALTS)(OTCQX:ALTUF) announces that it has issued 7,266 ordinary shares of 5 pence par value each ("Ordinary Shares") following the exercise of warrants at an exercise price of C$1.125 (approximately £0.65) per warrant for gross proceeds of C$8,174.25 (approximately £4,700).
The Company has made an application for the 7,266 Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). Admission is expected to occur at 08:00 a.m. on or around 15 April 2021 and the Ordinary Shares will rank pari passu with the Ordinary Shares already in issue. The proceeds from the exercise of the warrants will be used for working capital purposes.
Total Voting Rights
Following the issue of the Ordinary Shares, Altus will have 80,391,535 Ordinary Shares in issue which will also represent the total number of voting rights in the Company. The Company does not hold any shares in treasury. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the UK Financial Conduct Authority's Disclosure and Transparency Rules.
For further information you are invited to visit the Company's website www.altus-strategies.com or contact:
Altus Strategies Plc Steven Poulton, Chief Executive | Tel:+44 (0) 1235 511 767 E-mail: info@altus-strategies.com |
SP Angel (Nominated Adviser) Richard Morrison / Adam Cowl | Tel: +44 (0) 20 3470 0470 |
SP Angel (Broker) Grant Barker / Richard Parlons | Tel: +44 (0) 20 3470 0471 |
Shard Capital (Broker) Isabella Pierre / Damon Heath | Tel: +44 (0) 20 7186 9927 |
Yellow Jersey PR (Financial PR & IR) Charles Goodwin / Henry Wilkinson | Tel: +44 (0) 20 3004 9512 E-mail: altus@yellowjerseypr.com |
About Altus Strategies Plc
Altus Strategies (AIM:ALS)(TSXV:ALTS)(OTCQX:ALTUF) is a mining royalty company generating a diversified and precious metal focused portfolio of assets. The Company's focus on Africa and differentiated approach, of generating royalties on its own discoveries as well as through financings and acquisitions with third parties, has attracted key institutional investor backing. The Company engages constructively with all stakeholders, working diligently to minimise its environmental impact and to promote positive economic and social outcomes in the communities where it operates. For further information, please visit www.altus-strategies.com.
TSX Venture Exchange Disclaimer
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organisation of Canada accepts responsibility for the adequacy or accuracy of this release.
Market Abuse Regulation Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR") until the release of this announcement.
SOURCE: Altus Strategies Plc
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https://www.accesswire.com/639746/Exercise-of-Warrants-and-Issue-of-Equity
