20
November 2024
First Tin
PLC
("First
Tin" or "the Company")
Admission of New Ordinary
Shares and Total Voting Rights
First Tin PLC, a tin development
company with advanced, low capex projects in Germany and Australia,
announces that further to its announcement on 28 October 2024
relating to the successful placing of and subscription of
133,333,334 Ordinary Shares ("New Ordinary Shares") of £0.001 each
in the capital of the Company at a price of 6 pence per Ordinary
Share have today been admitted to the standard listing segment of
the Official List of the Financial Conduct Authority ("FCA") and to
trading on the Main Market for listed securities of the London
Stock Exchange under the ticker "1SN" ("Admission").
Total Voting Rights
In accordance with the FCA's
Disclosure Guidance and Transparency Rules ("DGTRs"), the Company
confirms that following Admission at 8.00 a.m. today, it has in
issue 451,868,306 ordinary shares of no par value and carrying one
voting right each. The Company does not hold any ordinary shares in
treasury. Accordingly, the total number of voting rights in
the Company is 451,868,306,
which may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the
DGTRs.
Enquiries:
First Tin
|
Via SEC Newgate below
|
Bill Scotting - Chief Executive
Officer
|
|
Arlington Group Asset Management Limited (Financial Advisor
and Joint Broker)
|
|
Simon Catt
|
020 7389 5016
|
|
|
Zeus Capital Limited (Joint Broker and
Bookrunner)
|
|
Harry Ansell/Dan Bristowe/Katy
Mitchell
|
020 3829 5000
|
|
|
SEC
Newgate (Financial Communications)
|
|
Elisabeth Cowell / Molly
Gretton
|
07900 248 213
|
Notes to Editors
First Tin PLC is an ethical,
reliable, and sustainable tin production company led by a team of
renowned tin specialists. The Company is focused on becoming a tin
supplier in conflict-free, low political risk jurisdictions through
the rapid development of high value, low capex tin assets in
Germany and Australia, which have been de-risked significantly,
with extensive work undertaken to date.
Tin is a critical metal, vital in
any plan to decarbonise and electrify the world, yet Europe has
very little supply. Rising demand, together with shortages, is
expected to lead tin to experience sustained deficit markets for
the foreseeable future.
First Tin's goal is to use
best-in-class environmental standards to bring two tin mines into
production in three years, providing provenance of supply to
support the current global clean energy and technological
revolutions.