Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The institutional funding facilitated by Riverfort follows a collaborative effort between Jubilee and Riverfort as part of the development of the Company's global metals strategy, to attract equity investment from blue-chip financial institutions alongside the structured project debt funding arrangement.
The Company has successfully completed a placing of 125 000 000 new ordinary shares of 1 pence each ("Ordinary Shares") in Jubilee (the "Placing Shares") at a price of 3.6 pence (ZAR 62.62 cents) per share to raise approximately GBP 4.5 million before expenses (ZAR 75.78 million at current conversion rates).
The placing includes the issuance of 62 500 000 warrants priced at a premium of 70% of the placing price or 6.12 pence per warrant share valid for a period of 5 years.
Significant shareholdings
As at 11 July 2018 the Company is aware of the following significant holdings (over 3%) of voting rights in its share capital:
Name of holder
No. of ordinary shares
% of voting rights and issued capital
JIM Nominees Ltd Jarvis Acct
127,963,210
9.76
Barclays Direct Investing Nominees Limited
72,184,622
5.51
Interactive Investor Services
71,714,250
5.47
Interactive Investor Services
65,970,366
5.11
Hargreaves Lansdown (Nominees) Ltd
62,002,988
4.73
Hargreaves Lansdown (Nominees) Ltd
56,364,835
4.30
Vidacos Nominees Ltd
41,440,903
3.16
Environmental Council of Zambia Mine waste from copper mining Waste rock- 21 waste rock dumps +/-77 Million tons of waste rock. Tailings- 45 dumps/dams +/- 791 Million tons of tailings. ****- 9 **** dumps +/- 40 Million tons of ****. Many opportunities for Jubilee.
Jubilee Metals Group PLC (�Registration number: 4459850�) AIM share code: JLP AltX share code: JBL ISIN: GB0031852162 (�Jubilee�) FORM TR-1 NOTIFICATION OF CHANGE IN MAJOR HOLDINGS Pursuant to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Jubilee shareholders are advised that the form TR-1 pertaining to a Change in Control of Shareholding, has been filed. A copy of this document may be viewed on the following link at www.investegate.co.uk/newsalert.aspx?conf=444484520 United Kingdom 30 January 2018 Contacts: Jubilee Platinum PLC Colin Bird/Leon Coetzer Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913