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| Date | 8 Nov 2022 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 5995F |
Trading Symbols
AIM: UFO
FWB: I3A1
8 November 2022
Alien Metals Ltd
("Alien" or "the Company")
Director share purchase. Holdings in Company.
Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development Company, is pleased to update shareholders of director dealing in relation to a managed sell down of Artemis Resources' holding in Alien Metals Plc on the 7th November 2022.
Roderick ("Rod") McIllree, Chairman, purchased 28,571,429 shares in Alien Metals Plc. Accordingly Rod now holds 78,571,429 Shares in the Company representing 1.55% of the Company's issued share capital. Daniel Smith, non-executive director also purchased 2,017,715 shares and thereby holds 2,017,715 Shares in the Company representing 0.04% of the Company's issued share capital with Troy Whittaker, CEO of Iron Ore Company of Australia ("IOCA") the Company's 100% owned subsidiary, purchasing 7,142,858 shares and Bradley Toms, UFO's Exploration Manager, purchasing 1,614,286 shares. The balance went to existing shareholders of Alien Metals plc
The shares were purchased from Artemis Resources Ltd who have sold a total of £500,500 (143,000,000 shares) and thereby now hold 215,617,818 shares representing 4.26% of the Company's issued share capital. The process was managed by WH Ireland at a price of £0.0035 per share.
For further information please visit the Company's website at www.alienmetals.uk, or contact:
Alien Metals Limited
Rod McIllree, Executive Chairman
Bill Brodie Good, CEO
Tel: +44 (0) 20 7138 3204
Beaumont Cornish Limited (Nomad)
James Biddle / Roland Cornish
Tel: +44 (0) 207 628 3396
WH Ireland Ltd (Broker)
Harry Ansell / Katy Mitchell
Tel +44 (0) 207 220 1666
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Said Izagaren
Tel: +44 (0) 20 7138 3204
Notes to Editors
Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in November 2022 exercised its option to move to 90% once certain CP's are satisfied. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.
The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2 exploration tenement around the mine.
In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium.
The Company also holds silver, copper and base metal projects in Mexico however is currently looking at the best way to divest these for the benefit of shareholders.
Roderick McIllree
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1 |
Details of the person discharging managerial responsibilities / person closely associated
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a) |
Name |
Roderick McIllree |
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2 |
Reason for notification |
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a) |
Position / status |
Executive Chairman |
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b) |
Initial notification/Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
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a) |
Name |
Alien Metals Limited |
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b) |
LEI |
213800KS2BKR6QBRHE44 |
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|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
28,571,429 Common Shares of Alien Metals Limited ISIN VGG017351021 |
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|
Nature of the transaction |
Director's share purchase |
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c) |
Price(s) and volumes(s) |
|
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d) |
Aggregated information |
n/a |
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e) |
Date of the transaction |
7 November 2022 |
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f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
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Daniel Smith
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Daniel Smith |
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2 |
Reason for notification |
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a) |
Position / status |
Non-Executive Director |
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b) |
I nitial notification/Amendment |
Initial |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Alien Metals Limited |
||||
|
b) |
LEI |
213800KS2BKR6QBRHE44 |
||||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
2,017,715 Common Shares of Alien Metals Limited ISIN VGG017351021 |
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|
|
Nature of the transaction |
Director's share purchase |
||||
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c) |
Price(s) and volumes(s) |
|
||||
|
d) |
Aggregated information |
n/a |
||||
|
e) |
Date of the transaction |
7 November 2022 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
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Troy Whittaker
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Troy Whittaker |
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2 |
Reason for notification |
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a) |
Position / status |
PDMR |
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b) |
I nitial notification/Amendment |
Initial |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Alien Metals Limited |
||||
|
b) |
LEI |
213800KS2BKR6QBRHE44 |
||||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
7,142,858 Common Shares of Alien Metals Limited ISIN VGG017351021 |
||||
|
|
Nature of the transaction |
PDMR share purchase |
||||
|
c) |
Price(s) and volumes(s) |
|
||||
|
d) |
Aggregated information |
n/a |
||||
|
e) |
Date of the transaction |
7 November 2022 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
||||
Bradley Toms
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
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a) |
Name |
Bradley Toms |
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|
2 |
Reason for notification |
|||||
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a) |
Position / status |
PDMR |
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|
b) |
Initial notification/Amendment |
Initial |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Alien Metals Limited |
||||
|
b) |
LEI |
213800KS2BKR6QBRHE44 |
||||
|
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
1,614,286 Common Shares of Alien Metals Limited ISIN VGG017351021 |
||||
|
|
Nature of the transaction |
PDMR share purchase |
||||
|
c) |
Price(s) and volumes(s) |
|
||||
|
d) |
Aggregated information |
n/a |
||||
|
e) |
Date of the transaction |
7 November 2022 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM (XLON) |
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