Last checked at 11 Sep 2015 07:00
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
11 September 2015
Hummingbird Resources plc ("Hummingbird Resources" or "the Company")
Block Listing Six Monthly Return
Hummingbird Resources, the multi-project gold company, today announces the following update relating to its block admission of shares to be issued to certain option holders upon the exercise by such option holders of options granted pursuant to the Company's share options schemes:
Name of company: | Hummingbird Resources plc |
Name of schemes: | The Hummingbird Resources plc - Unapproved Share Option Scheme, the Hummingbird Resources Limited EMI Share Option Plan 2010, and other share options |
Period of return: | From: 13 March 2015 To: 11 September 2015 |
Balance under the schemes of securities not issued at the beginning of the period subject to the block admission: | 5,453,500 ordinary shares |
Number of securities issued under the schemes during the period: | Nil ordinary shares |
Number of securities lapsed under the schemes during the period: | 41,500 |
Balance under the schemes of securities not yet issued at the end of the period subject to the block admission: | 5,660,000 ordinary shares |
Number and class of securities originally admitted and the date of admission: | 4,385,000 ordinary shares were admitted on 21 March 2012. A further 2,349,000 ordinary shares were admitted on 12 March 2014 and 250,000 ordinary shares were admitted on 12 March 2015. The total number of ordinary shares admitted in respect to its block admission as detailed above are therefore 6,984,000. |
Name of contact: | Thomas Hill, Company Secretary |
Telephone number of contact: | +44 (0) 203 416 3560 |
**ENDS**
For further information please visit www.hummingbirdresources.co.uk or contact:
Daniel Betts Thomas Hill Robert Monro | Hummingbird Resources plc | Tel: +44 (0) 203 416 3560 |
Stewart Dickson Jeremy Stephenson
| Cantor Fitzgerald Europe Nominated Adviser and Joint Broker | Tel: +44 (0) 207 894 7000
|
Jon Belliss | Beaufort Securities Limited Joint Broker | Tel: +44 (0) 20 7382 8300 |
Lottie Brocklehurst Felicity Winkles Hugo de Salis | St Brides Partners Ltd Financial PR/IR | Tel: +44 (0) 20 7236 1177 |
Notes to Editors:
About Hummingbird Resources Plc
Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company. The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe development project in Liberia. Its current focus is on bringing Yanfolila, which has a 1.8Moz gold inventory, to production in 2016. The high grade gold project has the potential to turn a profit in a varying gold price environment and will allow for quick returns with low operating costs. A US$75 million debt facility has been agreed with Taurus Mining and mine construction is now underway with the aim of commencing production in 2016.
The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside. An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term. Additionally, the Company has 5,000km2 highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.
For more information, please visit www.hummingbirdresources.co.uk