NQ Minerals PLC Correction of Issued Share Capital

1 October 2018

NQ Minerals PLC
(the “Company” or “NQ Minerals”; NEX: NQMI, OTCQB: NQMLF)
NQ Minerals PLC Correction of Issued Share Capital


The Company has identified an error in the announced share capital in the announcement of 10 May resulting in the announced share capital exceeding the actual share capital by 138,888 ordinary shares. As a result, the stated share capital included in the announcement on 10 May 2018 and in subsequent announcements to date were inaccurate.

The correct figure for the issued share capital at 10 May 2018 would have been 302,421,024 ordinary shares of 0.1p each. The Company now has 317,561,024 ordinary shares of 0.1p each in issue, each carrying the right to vote.

Therefore the above figure of 317,561,024 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.

10 May 2018

NQ Minerals Plc

(the “Company” or “NQ Minerals”)

Issue of Equity and Conversion of Loan Notes

NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), an Australia-based exploration and mining company, is pleased to announce that it has issued 15,000,000 new ordinary shares in respect of fees agreed with third parties for services in connection with further financing for the Hellyer Project.

Conversion of Loan Notes

The Company is also pleased to announce that a holder of the Company’s convertible loan notes has exercised their right to convert their loan note of GBP12,500 into 138,888 ordinary shares of 0.1p each in the Company at a price of 9p per share.

Following the issue of the new shares, the Company has 302,559,912 ordinary shares of 0.1p each in issue, each carrying the right to one vote.

The above figure of 302,559,912 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.

END


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
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