Conversion of Loan Notes

28 March 2018

NQ Minerals PLC
(the “Company” or “NQ Minerals”; NEX: NQMI, OTCQB: NQMLF)
Conversion of Loan Notes


NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), an Australia-based exploration and mining company, is pleased to announce that a holder of the Company’s convertible loan notes has exercised their right to convert their loan note (including interest) of £17,920 into 224,000 ordinary shares of 0.1p each in the Company at a price of 8p per share.

Following the issue of the new shares, the Company has 287,421,024 ordinary shares of 0.1p each in issue, each carrying the right to one vote.

The above figure of 287,421,024 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 and Transparency Rules.


About NQ Minerals

NQ Minerals is an Australia-based exploration and mining company, focusing on projects where past exploration work has established the presence of mineral occurrences. The Company’s management team has decades of experience in the exploration and production of gold, silver and a variety of base metals.

Please visit our website at www.nqminerals.com.


For further information, please contact:

NQ Minerals Plc
Brian Stockbridge, Non – Executive Chairman + 44 (0) 7876 888011
Kris Kottmeier, VP Corporate Development

 

+ 44 (0) 20 3637 6522 (UK)

+ 1 (604) 506 6502 (North America)

Daniel Stewart & Company Plc
Richard Potts + 44 (0) 20 7776 6596
Nikhil Varghese + 44 (0) 20 7776 6571
Beaumont Cornish Limited
Roland Cornish, Chairman + 44 (0) 20 7628 3396
James Biddle www.beaumontcornish.com

 

IFC Advisory Ltd
Graham Herring + 44 (0) 20 3934 6630
Tim Metcalfe

 

Miles Nolan

+ 44 (0) 20 3934 6630

 

+ 44 (0) 20 3934 6630