Last checked at 15 Nov 2023 09:45
Trading Symbols
AIM: UFO
FWB: I3A1
15 November 2023
Alien Metals Ltd
("Alien" or "the Company")
Director Dealings & Holdings in Company
Alien Metals Ltd (AIM: UFO), a minerals exploration and development company, advise that on 13th November 2023, Non-Executive Director, Ms Elizabeth Henson, and related family purchased a total of 8,455,722 shares in Alien Metals Ltd at a price of 0.002347 pence per share on market. Ms Henson and her family now hold 8,455,722 in the Company, representing 0.13% of the Company's issued share capital.
For further information please visit the Company's website at www.alienmetals.uk or contact:
Beaumont Cornish Limited (Nomad)
James Biddle / Roland Cornish Tel: +44 (0) 207 628 3396
WH Ireland Ltd
Harry Ansell / Katy Mitchell Tel +44 (0) 207 220 1666
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah / Soraya Jackson Tel: +44 (0) 20 3004 9512
alienmetals@yellowjerseypr.com
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
Notes to Editors:
Alien Metals Ltd is a mineral exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a near term direct shipping iron ore operation at the Hancock Project in the Pilbara region of Western Australia.
In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in December 2022 moved to 90% legal and beneficial ownership. In May 2023, the Company also acquired 100% of Mallina Exploration Pty Ltd and with it, the Western Hancock Tenement. The new tenement adjoins the Company's existing Hancock tenement, giving the entire Hancock project direct access to the Great Northern Highway.
The Company also acquired 100% of the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.
The Company owns 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Mining Lease and the 115km2 exploration tenement around the mine.
In March 2022 the Company acquired 100% of the former joint venture interest in the broader Pinderi Hills tenement group in the West Pilbara, Western Australia. This includes the Munni Munni Platinum Group Metals Project, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium. The Pinderi hills tenement group also has significant Nickel and Copper prospectivity.
The Company also holds silver, copper and base metal projects in Mexico, however is currently looking at the best way to divest these for the benefit of shareholders.
1 | Details of the person discharging managerial responsibilities | |||||||||
a) | Name | Elizabeth Henson | ||||||||
2 | Reason for the notification | |||||||||
a) | Position/status | Non-Executive Director
| ||||||||
b) | Initial notification /Amendment | Initial notification | ||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Alien Metals Limited | ||||||||
b) | LEI | 213800KS2BKR6QBRHE44 | ||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
a)
| Description of the financial instrument, type of instrument | Common Shares of Alien Metals Limited ISIN VGG017351021 | ||||||||
b)
| Nature of the transaction
| Purchase of Shares | ||||||||
c)
| Price(s) and volume(s)
| Elizabeth Henson
Tomas Piaskowski
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||||||
e) | Date of the transaction | 13 November 2023 | ||||||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||||||