Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Issue of Bonds on AIX

4 Apr 2023 15:42

 

AltynGold Plc

("AltynGold” or the "Company")

AIX New Listings

AltynGold Plc (LSE:ALTN) an exploration and development company is pleased to announce the new listing of a USD 10 million bond issue on the Astana International Exchange Ltd. (AIX). The proceeds will be allocated to capital expenditures in line with the company’s growth program.

The listing date is planned for the 4th of April 2023 with the first trading on the 5th of April 2023. For further details, please find the following link to the prospectus listed on the Astana International Exchange

https://k4txdyb.onk2.com/Runtime/Runtime/Form/MRA.Disclosure+Document+Display+Form?documentid=e8157708-de4d-422e-9f68-31e8f0d2115d

The Board of Directors of AltynGold said:

"The swift completion of our new bond offering is another stamp of confidence in the prospects of AltynGold. The bond program complements our recent financing initiatives for the planned capacity expansion as per our strategic growth plan."

Details of the bonds are shown below:

Security Name

Bonds of AltynGold Plc.

Symbol

ALTN.0425

ISIN

KZX000001276

Board

DEBT

Instrument Type

Bonds

Currency

USD

Country

Kazakhstan

Issuer

AltynGold Plc

Original Issued Quantity

100,000

Issued Quantity

100,000

Tradable Quantity

100,000

Issue Date

4 April 2023

First day of trading

5 April 2023

Face value

USD 100

Issue Price

100%

Reference Price

100% of the Aggregate Nominal Amount

Pricing Convention

Percentage of par value / Clean Price

Tick Size Table

0.01

Maturity Date

4 April 2025

Coupon Rate

10.50 % per annum

Coupon Frequency

Quarterly

For further information please contact:

AltynGold Plc Rajinder Basra +44 (0) 203 432 3198

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

Information on the Company

AltynGold Plc (LSE:ALTN) is an exploration and development company, which is listed on the main market segment of the London Stock Exchange.

To read more about AltynGold Plc please visit our website www.altyn.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005827/en/

Copyright Business Wire 2023

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.