26 September 2017
NQ Minerals PLC
(the “Company” or “NQ Minerals”; NEX:NQMI, OTCQB: NQMLF)
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 9,174,132 ordinary shares to raise approximately £781,787 for working capital purposes. The Company issued 6,082,657 ordinary shares at 8.5p per share and 3,091,475 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 279,187,553 ordinary shares of 0.1p each in issue, each carrying the right to one vote.
The above figure of 279,187,553 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
Beaumont Cornish Limited
Roland Cornish, Chairman
+ 44 (0) 20 3637 6522 (UK)
+ 1 (604) 506 6502 (North America)
+ 44 (0) 20 7628 3396
Daniel Stewart & Company Plc
+ 44 (0) 20 7776 6596
+ 44 (0) 20 7776 6571
Yellow Jersey PR
+ 44 (0) 7748 843 871
+ 44 (0) 7544 275 882
+ 44 (0) 7951 402 336