Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBushveld Minerals Regulatory News (BMN)

  • This share is currently suspended. It was suspended at a price of 0.306
  • There is currently no data for BMN

Share Issuances

27 Feb 2015 07:00

RNS Number : 0321G
Bushveld Minerals Limited
27 February 2015
 



27 February 2015

 

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Share Issuances

Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with projects in Africa, announces that 6,666,667 new ordinary shares of one penny each in the Company ("Issue") ("Ordinary Shares") were issued on 26 February 2015 at a price of 2.30 pence each as follows:

· In lieu of bonuses earned by directors of the Company from March 2012 to February 2014, the issue of 4,166,667 Ordinary Shares, as follows:

Ordinary Shares Issued

Fortune Mojapelo

1,000,000

Anthony Viljoen

1,666,667

Geoffrey Sproule

1,500,000

These Ordinary Shares are issued subject to the restriction that they may not be tendered for sale prior to 01 March 2016.

· In lieu of advisory services provided to the Company, the issue of 2,500,000 Ordinary Shares including 1,250,000 Ordinary Shares to Jeremy Friedlander, Non-Executive Director of the Company.

The resultant holding of these Directors following the issue is as follows:

Number of Shares held in the Company

Percentage held of enlarged share capital of the Company

Fortune Mojapelo

9,660,000

1.99%

Anthony Viljoen

9,826,667

2.02%

Geoffrey Sproule

1,500,000

0.31%

Jeremy Friedlander

1,250,000

0.26%

 

Application will be made for admission of the new ordinary shares to trading on AIM ("Admission") as soon as practicable.

The total issued share capital of the Company with voting rights following the Issue will be 486,337,438 Ordinary Shares.

Enquiries: info@bushveldminerals.com

Bushveld Minerals

Fortune Mojapelo

+27 (0) 11 268 6555

Strand Hanson

Andrew Emmott

+44 (0) 20 7409 3494

Brandon Hill Capital

Jonathan Evans

+44 (0) 20 3463 5000

Tavistock

Jos Simson/ Nuala Gallagher

+44 (0) 20 7920 3150

Tielle Communications

Stéphanie Leclercq

+27 (0) 83 307 7587

- ENDS -

 

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 Vanadium Project, P-Q Iron Ore and Titanium Project and Mokopane Tin Project, all located on the northern limb of the Bushveld Complex, South Africa. In addition, Bushveld has a controlling interest in Lemur Resources (ASX: LMR) that owns the Imaloto coal project in Madagascar.

Bushveld was admitted to the AIM Market of the London Stock Exchange in March 2012.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IOEBQLLLELFEBBV
Date   Source Headline
16th May 20257:00 amRNSCancellation - Bushveld Minerals Limited
15th Apr 20254:28 pmRNSAppointment of Liquidators & Resignation of Nomad
11th Apr 20257:57 amRNSNotice of appointment of liquidators
15th Jan 20256:00 pmRNSBushveld Minerals
16th Dec 20247:15 amRNSBusiness Rescue and Operations Update
4th Dec 20247:00 amRNSResignation of Directors
29th Nov 20247:00 amRNSDefault on Shareholder Loan Repayment by Vanchem
19th Nov 202410:01 amRNSAppointment of Business Rescue Practitioners
18th Nov 20247:30 amRNSSuspension - Bushveld Minerals Limited
18th Nov 20247:00 amRNSTrading Suspension
8th Nov 20249:25 amRNSQ3 and 9M 2024 Operational Update
1st Nov 20243:05 pmRNSVanchem Sale Update
25th Oct 20242:21 pmRNSOperational Update
18th Oct 20249:18 amRNSDisposal of Interests in Lemur Holdings Limited
17th Sep 20247:00 amRNSInterim Results for Six Months ended 30 June 2024
10th Sep 20247:00 amRNSTurnaround Initiatives Underway
2nd Sep 20244:22 pmRNSOrion Matched Funding Received
14th Aug 20246:00 pmRNSSARB Approval for Orion US$10M Matched Funding
12th Aug 20244:13 pmRNSUS$2 million SPR Debt Funding Received
9th Aug 20249:55 amRNSAgreement re Settlement of SPR Subscription Funds
7th Aug 20244:25 pmRNSAnnual General Meeting Results
7th Aug 20247:00 amRNSDirector/PDMR Shareholding
6th Aug 20247:00 amRNSAnnual General Meeting Statement
31st Jul 20247:00 amRNSQ2 and H1 2024 Operational Update
24th Jul 20244:46 pmRNSHolding(s) in Company - Correction
15th Jul 202412:39 pmRNSDirector/PDMR Shareholding
12th Jul 20244:57 pmRNSDirector/PDMR Shareholding
11th Jul 20245:04 pmRNSPosting of Accounts & Notice of General Meeting
28th Jun 20245:30 pmRNSFinal Results for Year Ended 31 December 2023
28th Jun 20243:29 pmRNSFinancing Update: Orion matched funding of US$10m
28th Jun 20241:17 pmRNSHolding(s) in Company
26th Jun 202412:13 pmRNSHolding(s) in Company
24th Jun 20241:50 pmRNSSPR Funding & Orion 2024 Financing Package Update
31st May 20244:07 pmRNSCCSA Approval for sale of 64% interest in Mokopane
31st May 20241:07 pmRNSResult of Meeting
24th May 20245:53 pmRNSShareholder Correspondence and Questions & Answers
13th May 20247:00 amRNSPosting of Circular and Notice of General Meeting
7th May 20247:00 amRNSProposed conditional disposal of Vanchem
23rd Apr 20247:01 amRNSQ1 2024 Operational & Corporate Update
23rd Apr 20247:00 amRNSMineral Resources and Reserves Annual Update
14th Mar 20249:32 amRNSFurther Update on Outstanding Funds
14th Mar 20247:00 amRNSTR-1 Notification of Major Holdings
7th Mar 20243:00 pmRNSTR-1 Notification of Major Holdings
29th Feb 20245:30 pmRNSFurther Update on Outstanding Funds
16th Feb 20247:08 amRNSFurther update on Outstanding Funds
5th Feb 20247:08 amRNSFull year 2023 Operational Update
2nd Feb 20242:30 pmRNSForm 8.3 of the Takeover Code
1st Feb 20247:00 amRNSCompletion of Convertible Loan Note Refinancing
29th Jan 20244:25 pmRNSResignation of Finance Director
19th Jan 20244:32 pmRNSFurther Update on Outstanding Funds

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.