TIDMAMC

RNS Number : 1292V

Amur Minerals Corporation

04 August 2020

4 August 2020

AMUR MINERALS CORPORATION

(AIM: AMC)

Exercise of Warrants and Issue of Equity

Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announces that, pursuant to the fixed term loan note agreement entered into with Plena Global Opportunities LLC ("Investor") and announced on 12 March 2020, the Investor has elected to convert 15,000,000 warrants ("Warrants") at the warrant exercise price of 1.43 pence per share providing the Company GBP214,500. The Investor has 11,223,776 warrants remaining. The Company repaid the loan note in full on 4 May 2020.

Application will be made to the London Stock Exchange plc for 15,000,000 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 10 August 2020. The new Ordinary Shares rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company, following the issue of 15,000,000 new Ordinary Shares is 1,009,283,925.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 
 Company            Nomad and Broker                Public Relations 
  Amur Minerals      S.P. Angel Corporate Finance    Blytheweigh 
  Corp.              LLP 
 Robin Young CEO    Richard Morrison                Megan Ray 
                     Soltan Tagiev                   Tim Blythe 
 +44 (0) 7981 126                                   +44 (0) 20 7138 
  818               +44 (0) 20 3470 0470             3203

For additional information on the Company, visit the Company's website, www.amurminerals.com .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 04, 2020 11:37 ET (15:37 GMT)

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