Last checked at 11 Nov 2019 11:09
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
Hummingbird Resources plc
("Hummingbird" or the "Company")
Exercise of Options and Total Voting Rights
Hummingbird Resources (AIM:HUM) announces that it has issued 467,677 new ordinary shares of 0.01p each in the Company ("Ordinary Shares") pursuant to an exercise of options under pre-existing share option schemes ("Options Exercise").
The Ordinary Shares to be issued pursuant to the Options Exercise have already been admitted to trading on AIM ("Admission") under the Company's block listing most recently announced on 11 September 2019.
Total Voting Rights
The total number of Ordinary Shares in issue following Admission will be 354,155,878 and the Company holds no shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 354,155,878.
The above figure of 354,155,878 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Hummingbird under the FCA's Disclosure and Transparency Rules.
For further information, please visit www.hummingbirdresources.co.uk or contact:
Daniel Betts, CEO Thomas Hill, FD Robert Monro, IR | Hummingbird Resources plc | Tel: +44 (0) 20 7409 6660 |
James Spinney Ritchie Balmer James Bellman | Strand Hanson Limited Nominated & Financial Adviser | Tel: +44 (0) 20 7409 3494 |
Martin Davison James Asensio | Canaccord Genuity Limited Broker | Tel: +44 (0) 20 7523 8000 |
Gordon Poole Owen Roberts James Crothers | Camarco Financial PR/IR | Tel: +44 (0) 20 3 757 4980 |
About Hummingbird Resources Plc
Notes to Editors
Hummingbird Resources (AIM: HUM) is a leading gold production, development and exploration company. The Company has two core gold projects, the Yanfolila Gold Mine in Mali and the Dugbe Gold Project in Liberia. Yanfolila produced its first gold pour on time and budget in December 2017. Yanfolila held pre-production Probable Reserves of 710,535 ozs @ 3.14g/t, total Resources of 1.8M ozs of gold and an additional 390,700 ozs of non-compliant exploration potential. The Dugbe Gold Project has Resources currently totalling 4.2M ozs of gold and a completed NI 43-101 compliant PEA on the project showing a 29% IRR and US$186m NPV at a US$1,300 gold price.
In addition to Hummingbird's production and development assets, the Company also has an exploration footprint of ~4,000km2 and is a shareholder in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.