Last checked at 2 Apr 2014 12:00
02 April 2014
Bushveld Minerals Ltd
("Bushveld" or the "Company")
Issue of Equity
Bushveld Minerals Limited (AIM: BMN) has received application to exercise 500,000 warrants into ordinary shares of the Company. The warrants were issued during the recent fundraise for £1.25m. The warrants are priced at 5p and will realise a further £25,000 of net funds to the Company.
Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM from 8.00am on 04 April 2014 ("Admission").
Following Admission, there will be a total of 455,004,104 ordinary shares in issue. For the purposes of calculating Total Voting Rights shareholders may use this number as the total number of shares in issue from the date of Admission.
Contact
For further information on Bushveld please visit http://www.bushveldminerals.com or contact:
Enquiries: info@bushveldminerals.com
Bushveld Minerals Fortune Mojapelo | +27 (0) 11 268 6555 |
Strand Hanson Limited Andrew Emmott / James Harris Warren Pearce / Scott McGregor |
+44 (0) 20 7409 3494 +27 (0) 21 794 0323 |
Fox Davies Jonathan Evans | +44 (0) 20 3463 5000 |
RFC Ambrian Jonathan Williams | +44 (0) 20 3440 6800 |
Tavistock Communications Jos Simson/ Nuala Gallagher | +44 (0) 20 7920 3150 |
Tielle Communications Stéphanie Leclercq | +27 (0) 83 307 7587 |
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Notes to the editor
Bushveld Minerals Limited is a mineral development company with a portfolio of vanadium-and titanium bearing iron ore and tin assets in Southern Africa.
The Company owns the Bushveld Iron Ore Project and Mokopane Tin Project, both located on the northern limb of the Bushveld Complex, South Africa. In addition, Bushveld has a controlling 52.22% interest in Lemur Resources (ASX: LMR), that owns the Imaloto coal project in Madagascar.
Bushveld was admitted to the AIM of the London Stock Exchange in March 2012.