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1 Aug 2016 07:00

RNS Number : 7583F
Strategic Minerals PLC
01 August 2016
 

1 August 2016

 

Strategic Minerals plc

 

("Strategic Minerals" or the "Company")

 

Total Voting Rights

 

Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals production and development company, announces that the issued share capital of the Company at the date of this announcement comprises 1,068,492,227 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 1,068,492,227.

 

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. 

 

For further information, please contact:

 

Strategic Minerals plc

John Peters

Managing Director

 

+61 (0) 414 727 965

Allenby Capital Limited

Nominated Adviser and Joint Broker

John Depasquale

Jeremy Porter

James Reeve

 

+44 (0)20 3328 5656

Cornhill Capital Limited

Joint Broker

James Sheehan

Colin Rowbury

 

+44 (0)20 3700 2516

Yellow Jersey PR

Financial PR

Dominic Barretto

Alistair de Kare-Silver

+44 (0) 7825 916 715 

 

 

Notes to Editors

 

Strategic Minerals Plc is an AIM-quoted, diversified mineral development and production company with projects in the United States of America and Australia. The Company is focused on acquiring and developing cash generative, high quality projects that 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 and which continues to provide a revenue stream for the Company. The portfolio was expanded in January 2016 with the acquisition of shares in Central Australian Rare Earths Pty Ltd, which holds tenements in Western Australia and the Northern Territory that are prospective for nickel sulphides, platinum and rare earths. Strategic Minerals has completed drill-testing of the highest priority nickel sulphide targets within the tenements, having successfully intersected nickel sulphide. In May 2016, the Company also entered arrangements to buy up to 50% of the Redmoor tin/tungsten exploration project in Cornwall, UK.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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