31 May 2024
ALTONA RARE EARTHS PLC
("Altona" or "the
Company")
Total Voting Rights
In accordance with the FCA's Disclosure Guidance
and Transparency Rules, as at 31 May 2024, the Company's issued
share capital consists of 86,767,107 Ordinary Shares of 1 pence,
each with one voting right. The Company does not hold any Ordinary
Shares in treasury. Therefore, the total number of voting rights in
the Company is 86,767,107.
The above figure of 86,767,107 should 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 a change to their interest in, the share capital of
the Company under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
-ends-
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|
Altona Rare
Earths Plc
Cedric Simonet, CEO
Louise Adrian, CFO
Christian Taylor-Wilkinson, Business
Development
|
+44 (0) 7778 866
108
+44 (0) 7721 492
922
+44 (0) 7795 168
157
|
|
Novum
Securities Ltd
David Coffman
Daniel Harris
|
+44 (0) 20 7399
9400
|
|
Allenby
Capital Ltd (Joint Broker)
Kelly Gardiner / Guy McDougall
(Sales)
Nick Athanas (Corporate Finance)
|
+44 (0)20
3328 5656
|
|
Optiva
Securities (Broker)
Daniel Ingram
|
+44 (0) 20 3411
1882
|
About Altona
Rare Earths Plc
Altona is a resource exploration and development
company focused on critical raw materials in Africa. The Company is
listed on the Main Market of the London Stock Exchange with the
ticker "REE".
Rare Earths are a group of 17 chemical elements,
many of which are critical to the World's ongoing transition from
carbon-based to renewable energies, and to the defence and
communication sectors.
The Company is currently developing Monte
Muambe, its flagship Magnet Rare Earths Project, located in
Northwest Mozambique. The Project was acquired in June 2021, and
the Company has so far drilled over 7,800m, and defined a maiden
JORC Mineral Resource Estimate of 13.6 million tons at 2.42% TREO.
A Competent Person Report including the Scoping Study for Monte
Muambe was published on 18 October 2023. The Project is now at
Prefeasibility Study stage, with a focus on metallurgical testing
and process.
Altona is presently diversifying its portfolio
by acquiring a limited number of critical raw material projects to
complement Monte Muambe. The acquisition of the Kabompo South
copper project in Zambia and of the Sesana copper-silver project in
Botswana represents the first steps towards the implementation of
this expanded strategy.