TIDMTYM

RNS Number : 9166N

Tertiary Minerals PLC

03 February 2021

3 February 2021

Tertiary Minerals plc ("Tertiary Minerals plc" or the "Company")

Issue of Equity and Total Voting Rights

The Company announces that Precious Metal Capital Group LLC ("PMCG"), the subscriber under the share subscription deed details of which were announced on 2 April 2020, has requested that the Company issue 54,166,667 ordinary shares (the "Shares") to PMCG. The purchase price of the Shares (being 0.24 pence per share or an aggregate of GBP130,000) had been prepaid by PMCG as part of its lump sum investment of GBP600,000 in the Company, announced on 2 April 2020 and made by PMCG on 7 April 2020. Shares in relation to GBP195,000 of that investment remain to be issued.

Application has therefore been made for the 54,166,667 ordinary shares to be admitted to trading on AIM with admission expected to take place on 9 February 2021. These ordinary shares will rank pari passu in all respects with all existing ordinary shares in the Company. The Shares are being issued pursuant to the authorities given by shareholders at the Annual General Meeting held on 19 March 2020.

Total Voting Rights

Following admission of the Shares, the Company's enlarged issued share capital will comprise 1,102,072,445 ordinary shares with voting rights. This figure of 1,102,072,445 ordinary shares 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 a change in their interest in, the share capital of the Company under the Disclosure Rules and Transparency Rules of the United Kingdom Financial Conduct Authority.

For more information please contact:

 
 Tertiary Minerals plc: 
 Patrick Cheetham, Executive 
  Chairman                       +44 (0) 1625 838 679 
                                ---------------------- 
 SP Angel Corporate Finance LLP 
  Nominated Adviser and Broker 
 Richard Morrison                +44 (0) 203 470 0470 
                                ---------------------- 
 Caroline Rowe 
                                ---------------------- 
 Peterhouse Capital Limited 
  Joint Broker 
 Lucy Williams                  + 44 (0) 207 469 0930 
                               ----------------------- 
 Duncan Vasey 
                                ----------------------

About Tertiary Minerals plc

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded mineral exploration company building and developing a multi-commodity project portfolio - Industrial minerals, base and precious metals.

Market Abuse Regulation (MAR) Disclosure

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February 03, 2021 10:32 ET (15:32 GMT)

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