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Pin to quick picksAlien Metals Regulatory News (UFO)

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Market Cap: £12.90m
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Director share purchase

22 Dec 2022 07:00

RNS Number : 5427K
Alien Metals Limited
22 December 2022
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Trading Symbols

AIM: UFO

FWB: I3A1

22 December 2022

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Alien Metals Ltd ("Alien" or "the Company")

Director share purchase

Holdings in Company

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Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, advises that on the 21st December 2022, Executive Chairman, Roderick ("Rod") McIllree purchased an additional 10,000,000 shares in Alien Metals Ltd at a price of 0.489755 pence per share on market. Accordingly, Rod now holds 137,404,762 shares in the Company representing 2.58% of the Company's issued share capital.

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For further information please visit the Company's website at www.alienmetals.uk, or contact:

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Alien Metals Limited

Rod McIllree, Executive Chairman

Tel: +44 (0) 20 7138 3204

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Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish

Tel: +44 (0) 207 628 3396

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WH Ireland Ltd

Harry Ansell / Katy Mitchell

Tel +44 (0) 207 220 1666

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BlytheRay (Financial PR)

Tim Blythe / Megan Ray / Said Izagaren

Tel: +44 (0) 20 7138 3204

Notes to Editors

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Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in 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. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.

The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine 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 Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, 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 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.

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Β Roderick McIllree

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Roderick McIllree

2

Reason for notification

a)

Position / status

Executive Chairman

b)

Initial notification/Amendment

Initial

3

Details ofΒ the issuer,Β emission allowanceΒ marketΒ participant, auctionΒ platform, auctioneer or auctionΒ monitor

a)

Name

Alien Metals Limited

b)

LEI

213800KS2BKR6QBRHE44

4

Details ofΒ theΒ transaction(s): sectionΒ toΒ beΒ repeatedΒ forΒ (i)Β eachΒ type of instrument;Β (ii)Β eachΒ type ofΒ transaction;Β (iii)Β eachΒ date; andΒ (iv)Β eachΒ placeΒ whereΒ transactionsΒ haveΒ beenΒ conducted

a)

Description of theΒ financial instrument,Β type of instrument identificationΒ code

Common Shares of Alien Metals Limited ISIN VGG017351021

Nature of the transaction

Director's share purchase

c)

Price(s) and volumes(s)

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Price(s)

Volumes(s)

0.489755 pence

10,000,000

d)

Aggregated information

n/a

e)

Date of the transaction

21st December 2022

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

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DSHFEFEFFEESESE
Date   Source Headline
10th Dec 20247:00 amRNSPostponement of End-of-Year Investor Webinar
6th Dec 202410:52 amRNSEnd-of-Year Investor Webinar
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30th Oct 20247:00 amRNSSilver & Precious Metals Exploration Planned Works
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16th Aug 20241:24 pmRNSPublication of Updated Investor Presentation
1st Aug 202411:16 amRNSResult of Placing and TVR
1st Aug 202411:01 amRNSProposed Placing to raise up to £0.6 million
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20th Jun 20247:49 amRNSPinderi Hills and Hancock Iron Ore Project Updates
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29th Apr 20241:56 pmRNSA$4m Farm-Out JV for Lithium Rights at Pinderi
19th Apr 20249:56 amRNSMining Lease Granted – Hancock Project
15th Mar 20247:01 amRNSFunding Facility, Board Appointment & Update
15th Mar 20247:00 amRNSAppointment of Nominated and Financial Adviser
8th Feb 20247:00 amRNSIron Ore Development Study for Hancock Project
27th Dec 20237:00 amRNSManagement Changes
21st Dec 20231:00 pmRNSReplacement - Board changes
14th Dec 20237:00 amRNSNative Title Agreement for Hancock Project
28th Nov 20237:00 amRNSMoU agreed with Pilbara Ports for Iron Ore Exports
16th Nov 202311:31 amRNSDirector Dealings & Holdings in Company Correction
15th Nov 20239:45 amRNSDirector Dealings & Holdings in Company
3rd Nov 202311:00 amRNSIssue of Shares
10th Oct 20237:00 amRNSHeritage Agreement signed for Vivash Gorge
6th Oct 20237:00 amRNSCHANGE OF ADDRESS
4th Oct 202310:45 amRNSRESULT OF AGM
4th Oct 20237:00 amRNSMiscellaneous Licence granted
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29th Sep 20237:00 amRNSUnaudited Consolidated Interim Results
20th Sep 20237:00 amRNSHigh grade DSO confirmed at Hancock Project
11th Sep 20238:52 amRNSNotice of Annual General Meeting
6th Sep 20237:00 amRNSExploration Review of Pinderi Hills
30th Aug 20237:00 amRNSCrushing and Screening Contractor Secured
23rd Aug 20237:00 amRNSConstruction and Operations Contractor Secured
18th Aug 202310:00 amRNSUpdated Presentation
18th Aug 20237:00 amRNSNotice to cancel Tranche 2 Funding
10th Aug 20238:03 amRNSResult of Placing and TVR
9th Aug 20235:12 pmRNSProposed Placing to raise up to £2 million
4th Aug 20237:00 amRNSBOARD AND EXECUTIVE CHANGES
3rd Aug 20237:00 amRNSCommencement of Definitive Feasibility Study
2nd Aug 20239:00 amRNSPotential for Direct Ship Iron Ore
20th Jul 20237:00 amRNSHigh Grade Direct Ship Ore at Sirius Extension
3rd Jul 20237:00 amRNSShort term funding facility of up to US$1 million

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