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Acquisition Unconditional

29 Mar 2023 10:00

RNS Number : 6019U
Ironveld PLC
29 March 2023
 

Ironveld Plc

("Ironveld" or the "Company")

Acquisition Unconditional

Ironveld announces that the acquisition of Ferrochrome Furnaces (Pty) Ltd ("FCF") by its subsidiary Ironveld Smelting (Pty) Ltd is now unconditional in all respects. FCF will, in accordance with the Companies Act of South Africa, be taken out of Business Rescue in the coming days and the transaction will close in accordance with its terms.

 

 

For further information, please contact:

 

Ironveld plc

Martin Eales, Chief Executive Officer

c/o BlytheRay

020 7138 3204

 

finnCap (Nomad and Broker)

Christopher Raggett

Charlie Beeson

 

020 7220 0500

 

 

Turner Pope (Joint Broker)

Andy Thacker

James Pope

 

020 3657 0050

BlytheRay

Megan Ray

Tim Blythe

 

020 7138 3204

 

 

NOTES TO EDITORS

 

Ironveld (IRON.LN) is the owner of Mining Rights over approximately 28 kilometres of outcropping Bushveld magnetite with a SAMREC compliant ore resource of some 56 million tons of ore grading 1,12% V2O5, 68,6% Fe2O3 and 14,7% TiO2.

 

In 2022 Ironveld agreed to acquire and refurbish a smelter facility in Rustenburg, South Africa, in which it can process its magnetite ore into the marketable products of high purity iron, titanium slag and vanadium slag.

 

Ironveld is an AIM traded company. For further information on Ironveld please refer to www.ironveld.com.

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ACQZZGZFNLRGFZG
Date   Source Headline
24th Jul 20177:00 amRNSCompany Update
10th Jul 20171:29 pmRNSResult of General Meeting
21st Jun 20175:30 pmRNSPlacing, Potential Acquisition and Notice of GM
28th Apr 20177:00 amRNSGranting of Licenses
25th Apr 20172:28 pmRNSBlocklisting Return
11th Apr 20177:00 amRNSPlanned acquisition of smelting business
29th Mar 20177:00 amRNSInterim results for six months ended 31 Dec 2016
2nd Feb 201711:02 amRNSConversion of consultants fees into equity
26th Jan 20174:18 pmRNSTR-1: Notification of Major Interest in Shares
5th Jan 201712:05 pmRNSResult of AGM
21st Dec 201611:06 amRNSNotice of AGM
7th Dec 20167:00 amRNSFinal results for the year ended 30 June 2016
22nd Nov 20167:00 amRNSInvestor evening - 1 December 2016
14th Nov 201611:45 amRNSResult of General Meeting
1st Nov 20167:00 amRNSTotal Voting Rights and Blocklisting Return
26th Oct 20161:21 pmRNSPlacing to raise c.£1.8 million and Notice of GM
6th Oct 20167:00 amRNSProject Finance Facilities and Offtake
2nd Sep 20169:28 amRNSConversion of consultants fees into equity
7th Jun 20167:00 amRNSVanadium Slag Offtake Agreement Signed
20th May 20167:00 amRNSOfftake Agreement and Final Approvals
30th Mar 20167:00 amRNSInterim Results
23rd Mar 201611:06 amRNSHolding(s) in Company
28th Jan 20167:00 amRNSGrant of Share Options
27th Jan 20164:03 pmRNSConversion of Directors' fees into equity
18th Dec 201510:00 amRNSResult of AGM
18th Dec 20157:00 amRNSFinal Approvals and Company Update
23rd Nov 20157:00 amRNSFinal Results
23rd Oct 20157:00 amRNSBlocklisting Return
5th Oct 20157:00 amRNSFunding update & Senior Management Appointment
21st Aug 20153:03 pmRNSHolding(s) in Company
4th Aug 20157:00 amRNSConversion of consultants fees into equity
3rd Aug 20157:00 amRNSOperational Update
9th Jul 20157:00 amRNSConversion of Directors' fees into equity
7th Jul 20157:00 amRNSAppointment of Chief Financial Officer
29th Jun 201510:11 amRNSHolding(s) in Company
22nd Jun 20157:00 amRNSEnvironmental Impact Assessment approved
18th Jun 20157:00 amRNSPlacing and Project Development Update
23rd Apr 20155:30 pmRNSBlocklisting Return
30th Mar 20157:00 amRNSHalf Yearly Report
26th Mar 20157:00 amRNSMining Right Application submitted
19th Mar 20157:00 amRNSDirectorate Change
4th Mar 20157:00 amRNSConversion of consultants fees into equity
2nd Mar 20157:00 amRNSGranting of Mining Right
17th Feb 20157:00 amRNSCritical Infrastructure Programme Application
9th Jan 20155:16 pmRNSConversion of Directors' fees into equity
29th Dec 201411:01 amRNSResult of AGM
15th Dec 20147:00 amRNSHolding(s) in Company
11th Dec 20147:00 amRNSDirector/PDMR Shareholding
9th Dec 20148:46 amRNSDirector's Dealing
5th Dec 20147:00 amRNSFinal Results for 12 Month Period Ended 30/06/2014

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