Strategic Minerals Regulatory News (SML)

28 February 2018

Strategic Minerals plc

("Strategic Minerals", "SML" or the "Company")

Total Voting Rights

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, announces that following the issue of the 15,000,000 new ordinary shares during the month ended 28 February 2018, the total issued share capital of the Company at the date of this announcement comprises 1,337,492,227 ordinary shares of 0.1p each, with one voting right per share. The Company does not hold any ordinary shares in treasury. The total number of ordinary shares and voting rights in the Company is therefore 1,337,492,227.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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Notes to Editors

Strategic Minerals Plc is an AIM-quoted, diversified mineral exploration, development and production company with projects in the United States of America, United Kingdom and Australia. The Company is focused on acquiring and developing cash generative, high quality projects which meet local market demand for commodities and utilising this cash flow to undertake value added exploration. 

In September 2011, Strategic Minerals purchased its first cash-generating asset; the Cobre Magnetite Tailings Dam project in New Mexico, USA which it brought into production in 2012. Cobre continues to provide a significant revenue stream for the Company. The portfolio was expanded in January 2016 with the acquisition of shares in Central Australian Rare Earths Pty Ltd ('CARE'), which holds high quality exploration tenements in Western Australia that are prospective for cobalt, nickel sulphides, gold and rare earth elements. The Company has since acquired all shares in Central Australian Rare Earths Pty Ltd. In May 2016, an additional advanced exploration project was acquired when the Company entered into a 'farm in' agreement with New Age Exploration Limited to acquire up to 50% of the Redmoor Tin/Tungsten project in Cornwall, UK. This 50% acquisition was completed in February 2017 and the first drilling programme at the project was completed in November 2017. Redmoor is currently advancing a scoping study evaluation. The Company has also exchanged contracts for the acquisition of the Leigh Creek Copper Mine ('LCCM'), situated in the copper rich belt of South Australia, which has now met all its Conditions Precedent and will proceed to acquisition.