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5.10    0.15 (3.03%)
Bid:
4.90
Ask:
5.30
Spread: 0.40 (8.163%)
Market Cap: £19.75m
EAAS Live PriceLast checked at - London Stock Exchange

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Metalvalue Subscription

17 Dec 2012 14:58

RNS Number : 7229T
Alexander Mining PLC
17 December 2012
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17 December 2012

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Alexander Mining plc

(The 'Company' or 'Alexander')

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Metalvalue Subscription

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Further to the announcement of 28 November, Alexander is pleased to confirm completion of the first subscription into the Company by Metalvalue Limited for 6,666,667 new ordinary shares (the "New Ordinary Shares") at a subscription price of 3p per share. Application has been made to the London Stock Exchange for admission to trading on AIM of the New Ordinary Shares and dealings are expected to commence on 20 December 2012. Following admission of the New Ordinary Shares, the Company will have a total of 142,653,209 ordinary shares in issue.

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For further information please contact:

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Martin Rosser

Chief Executive

Mobile: +44 (0) 7770 865 341

Matt Sutcliffe

Executive Chairman

Mobile: +44 (0) 7887 930 758

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Alexander Mining plc

1st Floor

35 Piccadilly

London

W1J 0DW

Tel: +44 (0) 20 7292 1300

Fax: +44 (0) 20 7292 1313

Email: mail@alexandermining.com

Website: www.alexandermining.com

Metalvalue Ltd

Alain Honnart, Managing Partner

Mobile:+33 (0) 609263553

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Metalvalue Advisors SA

8 Rue Eynard 1205 Geneva

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Stephane Lamoine

Chief Executive Officer

+41 (0)793119696

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Nominated Adviser and Broker

Northland Capital Partners Limited

Louis Castro / Lauren Kettle

+44 (0) 20 7796 8800

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Public / Media Relations

Britton Financial PR

Tim Blackstone

+44 (0) 20 7242 9786

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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MSCFFAFLWFESEIE
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