Empire
Metals Limited / LON: EEE / Sector: Natural Resources
29 January 2024
Empire Metals
Limited
('Empire' or the
'Company')
Director
Dealings
Empire Metals Limited
announces that it was notified today that on 29 January 2024,
Mr Shaun Bunn, Managing Director, purchased 100,000 ordinary shares
of no par value in the share capital of the Company ('Ordinary
Shares'), at a price of 10 pence per share, Mr Gregory Kuenzel,
Finance Director of the Company, purchased 150,000 ordinary shares
of no par value in the share capital of the Company ('Ordinary
Shares'), at a price of 10 pence per share, and Mr Peter Damouni,
Non-Executive Director of the Company, purchased 100,000 Ordinary
Shares at a price of 9.97 pence per share.
Following this purchase, Mr Shaun Bunn's total
beneficial ownership in the Company is 2,211,111 Ordinary Shares
representing 0.39% of the Company's issued share capital, Mr
Gregory Kuenzel's total beneficial ownership in the Company is
3,858,578 Ordinary Shares representing 0.68% of the Company's
issued share capital, and Mr Peter Damouni's total beneficial
ownership in the Company is 1,309,614 Ordinary Shares representing
0.23% of the Company's issued share capital.
Market Abuse Regulation (MAR)
Disclosure
Certain information contained in
this announcement would have been deemed inside information for the
purposes of Article 7 of Regulation (EU) No 596/2014, as
incorporated into UK law by the European Union (Withdrawal) Act
2018, until the release of this announcement.
For further information please visit
www.empiremetals.co.uk
or contact:
|
Empire Metals
Ltd
Shaun Bunn / Greg Kuenzel
|
Tel: 020 4583 1440
|
|
S. P. Angel
Corporate Finance LLP (Nomad & Broker)
Ewan Leggat / Adam Cowl / Kasia Brzozowska
|
Tel: 020 3470 0470
|
|
Shard Capital
Partners LLP (Joint Broker)
Damon Heath
|
Tel: 020 7186 9950
|
|
St Brides Partners Ltd (Financial
PR)
Susie Geliher / Ana
Ribeiro
|
Tel: 020 7236 1177
|
NOTIFICATION AND PUBLIC DISCLOSURE
OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
AND PERSONS CLOSELY ASSOCIATED WITH THEM
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Shaun Bunn
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Managing Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Empire Metals Limited
|
|
b)
|
LEI:
|
2138002IOR7OCZZPB279
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument:
Identification code:
|
Ordinary shares of no par
value
VGG9688A1003
|
|
b)
|
Nature of the
transaction:
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
10 pence
|
100,000
|
|
|
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transactions as in 4 c)
above
|
Price(s)
|
Volume(s)
|
|
10 pence
|
100,000
|
|
|
e)
|
Date of the transaction:
|
2024-01-29
12:21:00 hrs UTC
|
|
f)
|
Place of the transaction:
|
AIM, London Stock
Exchange
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Gregory Kuenzel
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Finance Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Empire Metals Limited
|
|
b)
|
LEI:
|
2138002IOR7OCZZPB279
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument:
Identification code:
|
Ordinary shares of no par
value
VGG9688A1003
|
|
b)
|
Nature of the
transaction:
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
10 pence
|
150,000
|
|
|
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transactions as in 4 c)
above
|
Price(s)
|
Volume(s)
|
|
10 pence
|
150,000
|
|
|
e)
|
Date of the transaction:
|
2024-01-29
1. 12:29:57 hrs
UTC
|
|
f)
|
Place of the transaction:
|
AIM, London Stock
Exchange
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Peter Damouni
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Empire Metals Limited
|
|
b)
|
LEI:
|
2138002IOR7OCZZPB279
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument:
Identification code:
|
Ordinary shares of no par
value
VGG9688A1003
|
|
b)
|
Nature of the
transaction:
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
9.97 pence
|
100,000
|
|
|
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transactions as in 4 c)
above
|
Price(s)
|
Volume(s)
|
|
9.97 pence
|
100,000
|
|
|
e)
|
Date of the transaction:
|
2024-01-29
14:07:00 hrs UTC
|
|
f)
|
Place of the transaction:
|
AIM, London Stock
Exchange
|
About Empire Metals
Limited
Empire Metals is an AIM-listed (LON:
EEE) exploration and resource development company with a project
portfolio comprising copper, titanium and gold interests in
Australia and Austria.
The Company's strategy is to develop
a pipeline of projects at different stages in the development
curve. Its current focus is on the Pitfield Project in Western
Australia, which has demonstrated to contain a newly recognised
giant mineral system that hosts a globally significant titanium
discovery. The Company is also advancing the
Eclipse-Gindalbie Project in Western Australia, which is
prospective for high-grade gold and also kaolin used to produce
high-purity alumina, an essential component in lithium-ion
batteries.
Company also has two further
exploration projects in Australia; the Walton Project in Western
Australia, and the Stavely Project in the Stavely Arc region of
Victoria, in addition to three precious metals projects located in
a historically high-grade gold producing region of
Austria.
