Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMC.L Regulatory News (AMC)

  • There is currently no data for AMC

Lanstead Equity Swap Agreement

2 Sep 2015 07:00

RNS Number : 7330X
Amur Minerals Corporation
02 September 2015
 

 

 

2 September 2015

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Lanstead Equity Swap Agreement

 

Amur Minerals Corporation (AIM: AMC or the "Company") is pleased to announce that it has now received approximately £3 million from Lanstead Capital L.P. ("Lanstead") through the Lanstead equity swap agreement entered into in July 2013 and as detailed in the RNS dated 23 July 2013 (the "Equity Swap Agreement"). The Equity Swap Agreement enabled the Company to secure much of the potential upside arising from anticipated near term news flow.

 

This receipt of £3 million is in addition to the £5 million placing proceeds the Company received from Lanstead under the July 2013 Equity Swap Agreement. This total, which is in excess of £8 million, represents a 60% increase in receipts achieved by AMC than had originally been anticipated under the Equity Swap Agreement.

 

As at the date of this announcement there is one monthly settlement outstanding. The final result will be announced following the completion of this final monthly settlement tranche.

 

Lanstead currently holds less than 1% of the issued outstanding ordinary shares of the Company.

 

Enquiries:

 

Company

Amur Minerals Corp.

Nomad and Broker

S.P. Angel Corporate Finance LLP

Public Relations

Yellow Jersey

Robin Young CEO

 

Ewan Leggat

Katy Birkin

 

Dominic Barretto

Kelsey Traynor

+44 (0) 7981 126 818

+44 (0) 20 3470 0470

+44 (0) 7768 537 739

 

Notes to Editors:

 

The information contained in this announcement has been reviewed and approved by the CEO of Amur, Robin Young. Mr. Young is a Geological Engineer (cum laude) and is a Qualified Professional Geologist, as defined by the Toronto and Vancouver Stock Exchanges.

 

For further information, see the Company website at www.amurminerals.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGUMCBUPAGWG
Date   Source Headline
1st Sep 20102:00 pmRNSKun-Manie Exploration Rights Extended
23rd Jul 201010:00 amRNSPlacing completed
7th Jul 20107:00 amRNSApplic for Extension K-M Exploration Licence Filed
30th Jun 20107:00 amRNSFinal Results
18th Jun 20108:30 amRNSKun-Manie licence update
14th Jun 20107:00 amRNSPotential Expansion of Kun-Manie - Ikenskoe Depos)
29th Apr 20107:00 amRNSGorney, A New Kun-Manie Drill Target Confirmed
23rd Apr 201011:45 amRNSBoard Change
31st Mar 201010:00 amRNSResult of General Meeting
22nd Mar 20108:00 amRNSReconvening of General Meeting
5th Mar 20107:00 amRNSShareholder Update
22nd Feb 20105:21 pmRNSAnnouncement re General Meeting
1st Feb 20102:00 pmRNSNotice of EGM
19th Oct 20097:00 amRNSReserve Estimate for Maly Krumkon Approved
16th Sep 20097:00 amRNSBoard Additions
15th Sep 20099:00 amRNSResult of AGM
10th Sep 20092:23 pmRNSShare Issuance
9th Sep 200910:00 amRNSInterim Results
28th Aug 20094:23 pmRNSPlacing
27th Aug 200911:34 amRNSHoldings in Company
21st Aug 20091:34 pmRNSPlacing
20th Aug 20097:00 amRNSReserve Update - US$6.9bn Value
12th Aug 20095:00 pmRNSAnnual General Meeting Date and Venue Change
30th Jun 20094:30 pmRNSFinal Results
8th Jun 20097:00 amRNSIssue of Equity
5th Jun 20098:00 amRNSAdmission Delay
1st Jun 20095:14 pmRNSShare Exchange and Placing
8th May 20097:00 amRNSGovernmental Approvals For Further Exploration At
30th Apr 200911:13 amRNSCorrection - Placing to Raise ?180,000
30th Apr 20097:00 amRNSPlacing
23rd Apr 20094:24 pmRNSRussian Government Certifies Kun-Manie Discovery
13th Feb 20091:23 pmRNSHolding(s) in Company
22nd Jan 20099:30 amRNSChange of Adviser
29th Dec 200810:15 amRNSResignation of Directors
22nd Dec 20081:30 pmRNSEGM Statement
18th Dec 20087:00 amRNSLicence Extension
1st Dec 200812:45 pmRNSProposed De-Listing from AIM
21st Oct 200810:00 amRNSResult of Shareholders' Meeting
29th Sep 20087:00 amRNSInterim Results
23rd Sep 20087:00 amRNSHolding(s) in Company
30th Jul 20087:00 amRNSDrilling Intersects High Grad
2nd Jul 200810:00 amRNSPlacing
19th May 20083:24 pmRNSResult of AGM
29th Apr 20087:30 amRNSTrading on PLUS Markets
28th Apr 20087:00 amRNSInitial Permitting Completed
31st Mar 200812:00 pmRNSFinal Results
5th Mar 20084:00 pmRNSAppointment of Director
5th Mar 20083:45 pmRNSResult of Meeting
14th Feb 20087:01 amRNSPlacing and EGM Notice
13th Dec 20077:00 amRNSKun-Manie Pre-Feasibility

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.