1 Oct 2019 07:35
1 October 2019
MOD Resources Limited
("MOD" or the "Company")
Update on Issue of Equity and Total Voting Rights and Capital
MOD Resources Ltd, (ASX/LSE: MOD) advises that in accordance with FCA's Disclosure and Transparency Rule 5.6.1.(R), the Company confirms that as at 30 September 2019, the Company's issued share capital comprises 340,134,628 ordinary shares of no par value, with each share carrying the right to one vote. The Company does not hold any ordinary shares in treasury.
The above figure of 340,134,628 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 of a change to their interests in the Company under the FCA's Disclosure and Transparency Rules.
- ENDS -
For and on behalf of the Board.
Julian Hanna Managing Director | Mark Clements Executive Chairman and Company Secretary |
Jeff Sansom Investor Relations E: IR@modresources.com.au P: +61 (8) 9322 8233 | Jos Simson / Emily Moss (UK PR & IR) Tavistock P: +44 (0) 207 920 3150 P: +44 (0) 778 855 4035 E: MOD@tavistock.co.uk |
Subscribe at: www.modresources.com.au
About MOD Resources
MOD Resources Ltd (ASX/LSE: MOD) is a dual listed copper exploration and development company with a dominant land position within the Kalahari Copper Belt in Botswana. The Company is focussed on developing the 100% MOD owned T3 Copper Project, which has potential to be a high-margin, low-cost copper mine. In parallel with the progressing towards the development of the T3 Copper Project, MOD has undertaken substantial exploration programs across several priority drill targets and within untested areas of interesting and potentially significant Electromagnetic and Cu-Zn soil anomalies.
MOD and its in-country operating companies Tshukudu Metals Botswana (Pty) Ltd and Tshukudu Exploration (Pty) Ltd have a social licence to operate within Botswana as well as within the host community of Ghanzi. MOD continues to work collaboratively with Government regulators and members of the Ghanzi District community to ensure that any social investments and developments are targeted to create a positive and lasting legacy.
On 25 June 2019, the Company announced Sandfire had made an offer to acquire 100% of MOD shares by way of a Scheme of Arrangement.