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13 Mar 2015 07:00
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
13 March 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 September 2014 To: 12 March 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: | 43,500 ordinary shares |
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 |
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Stewart Dickson Jeremy Stephenson
| Cantor Fitzgerald Europe Nominated Adviser and Broker | Tel: +44 (0) 207 894 7000
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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 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 H1 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 construction is expected to commence in H1 2015.
The 4.2Moz Dugbe project in Liberia provides Hummingbird with excellent development upside. An optimisation of the DFS is ongoing while Yanfolila is brought to production in the near term. Additionally, the Company has 5,000km2 of highly prospective exploration ground in Mali and Liberia and is constantly evaluating quality new assets.
For more information, please visit www.hummingbirdresources.co.uk
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