4 May 2018 08:45
AIM ANNOUNCEMENT 4 May 2018
CHANGE IN HOLDING - CEASING TO BE A Significant Shareholder
Metminco Limited (the Company) (ASX: MNC; AIM: MNC) advises that today it received notice from Lanstead Capital L.P. (Lanstead) that it has increased its shareholding in the Company from 10,285,190 ordinary shares representing 7.03% of the Company's issued share capital as at 28 March 2018 of 146,280,344 ordinary fully paid shares to 12,737,342 ordinary shares representing 1.51% of the Company's current issued capital of 843,814,388 ordinary fully paid shares. Lanstead is no longer considered to be a Significant Shareholder of the Company.
Lanstead sold 250,000 ordinary shares at A$0.01 per share on 19 April 2018 and acquired 2,702,152 ordinary shares at a price of A$0.008 per share on 30 April 2018 to settle outstanding fees relating to a financing agreement dated on or about November 2016.
Graeme Hogan
Company Secretary
For further information, please contact: METMINCO LIMITED |
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Geoffrey Widmer |
| Tel +61 3 9819 3995 |
Kevin Wilson |
| Mob +61 409 942 355 |
Graeme Hogan |
| Office: +61 (0) 2 9460 1856 |
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NOMINATED ADVISOR AND BROKER |
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RFC Ambrian |
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Australia |
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Andrew Thomson / Alena Broesder |
| Office: +61 (0) 2 9250 0000 |
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United Kingdom |
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Charlie Cryer |
| Office: +44 (0) 20 3440 6800 |
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PUBLIC RELATIONS |
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Camarco United Kingdom |
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Gordon Poole / Nick Hennis |
| Office: + 44 (0) 20 3757 4997 |
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Media + Capital Partners |
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Australia |
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Luke Forrestal |
| Office: +61 (0) 411 479 144 |
Metminco (MNC)