5 December 2018
NQ Minerals PLC
(the “Company” or “NQ Minerals”; NEX: NQMI, OTCQB: NQMLF)
Issue of Equity
NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), mineral processing, exploration and mining company is pleased to announce that it has issued 420,000 new ordinary shares at a price equivalent to 12 pence per share, and issued 142,857 new ordinary shares at a price equivalent to 14 pence per share to raise approximately GBP70,400 for working capital purposes.
Following the issue of the new shares, the Company has 321,799,547 ordinary shares of 0.1p each in issue, each carrying the right to one vote.
The above figure of 321,799,547 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 a London listed company with a significant cash producing asset under construction in Tasmania, Australia. NQ also has highly prospective exploration and mining tenements in North Queensland, Australia. NQ has a focus on project locations where past exploration work has established the presence of noteworthy 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|
|IFC Advisory Ltd|
|Graham Herring||+ 44 (0) 20 3934 6630|
|+ 44 (0) 20 3934 6630
+ 44 (0) 20 3934 6630