Correction Re Issue of Equity Announcement

14 February 2018

NQ Minerals PLC
(the “Company” or “NQ Minerals”; NEX: NQMI, OTCQB: NQMLF)
Correction Re Issue of Equity Announcement

Please note that this announcement replaces the Issue of Equity announcement released on 26 September 2017. The Company issued 8,350,602 ordinary shares to raise approximately GBP741,173 and not 9,174,132 ordinary shares raising approximately GBP781,787 as originally announced. The figure to be used by shareholders in the Company is 278,364,023 as the denominator and not 279,187,553 as originally announced.

26 September 2017

NQ Minerals Plc

(the “Company” or “NQ Minerals”)

Issue of Equity

NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), an Australia-based exploration and mining company, is pleased to announce that it has issued a further 8,350,602 ordinary shares to raise approximately GBP741,173 for working capital purposes. The Company issued 6,259,127 ordinary shares at 8.5p per share and 2,091,475 ordinary shares at a price equivalent to 10p per share.

The Company has also issued 4,000,000 new shares at 10p per share in respect of fees agreed with third parties for services in connection with introductions for further financing.

Following the issue of the new shares, the Company has 278,364,023 ordinary shares of 0.1p each in issue, each carrying the right to one vote.

The above figure of 278,364,023 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 Plc (NEX:NQMI) (OTCQB: NQMLF) is building a leading gold and base metal production, development and exploration company. The Company’s flagship project is its wholly owned Hellyer Gold Mine, a world-class, company maker project, located in Tasmania Australia., with a near-term production development route and the potential to generate revenues exceeding AU$1.3 billion over its current 10 year life of mine.

The Company’s primary focus is on bringing the Hellyer Gold Mine into production during 2018, which has the potential to transform NQ Minerals into a revenue generating mining company within a short time period. Development work during 2017/2018 will involve the refurbishment of the existing operating facilities in order to extract and treat the large high-grade tailings deposit on site and produce three marketable concentrates (lead, zinc, gold/silver/pyrite).

In addition NQ Minerals has two gold and silver projects in the prospective mining districts of Ukalunda and Square Post, both in North Queensland.

Please visit our website at

For further information, please contact:

NQ Minerals Plc

Brian Stockbridge, Non – Executive Chairman

+ 44 (0) 7876 888011

Kris Kottmeier, VP Corporate Development



Beaumont Cornish Limited

Roland Cornish, Chairman


James Biddle

+ 44 (0) 20 3637 6522 (UK)

+ 1 (604) 506 6502 (North America)



+ 44 (0) 20 7628 3396

Daniel Stewart & Company Plc

Richard Potts


Nikhil Varghese

+ 44 (0) 20 7776 6596


+ 44 (0) 20 7776 6571


Yellow Jersey PR

Felicity Winkles

+ 44 (0) 7748 843 871


Harriet Jackson


Henry Wilson

+ 44 (0) 7544 275 882


+ 44 (0) 7951 402 336