Alien Metals Ltd - Australia-focused minerals exploration and development company, currently developing a near-term, direct shipping, iron ore operation at the Hancock project in Pilbara, Western Australia - Issues 26.3 million shares at a deemed price of GBP0.0019 per share for services rendered to a geological consultant for exploration services on its Pinderi Hills and Mexico projects during 2023, in lieu of a cash payment. Expects that admission will become effective and dealings in the common shares will begin on AIM on November 8.
Current stock price: 0.19 pence, up 0.3% in London on Friday
12-month change: down 59%
By Holly Beveridge, Alliance News reporter
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Alien Metals (UFO)