Altona Rare Earths plc has issued an additional 4.8 million new ordinary shares of one pence each to an existing shareholder, who transferred their warrants as part of two August fundraises.
TVRs
The company will therefore issue in aggregate 9,600,000 new ordinary shares to the shareholder.
Following admission, Altona’s enlarged share capital and total voting rights will comprise 238,664,306.
The company holds no shares held in treasury.
Altona is focused on the Monte Muambe rare earth-fluorspar-gallium project in Mozambique and the Sesana copper-silver project in Botswana.