Source - RNS
RNS Number : 4923J
Hummingbird Resources PLC
12 September 2016
 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

 

12 September 2016

 

Hummingbird Resources plc ('Hummingbird' or 'the Company')

Block Listing Six Monthly Return

 

Hummingbird Resources plc (AIM: HUM), the West African gold company, announces the following update relating to its block admission of shares to be issued to certain option holders upon the exercise by such option holders of options granted pursuant to the Company's share options schemes:

 

Name of company:

Hummingbird Resources plc

Name of schemes:

The Hummingbird Resources plc - Unapproved Share Option Scheme, the Hummingbird Resources Limited EMI Share Option Plan 2010, and other share options

Period of return:

From: 11 March 2016

To: 11 September 2016

Balance under the schemes of securities not issued at the beginning of the period subject to the block admission:

5,599,000 ordinary shares

Number of securities issued under the schemes during the period:

Nil ordinary shares

Number of securities lapsed under the schemes during the period:

105,000 ordinary shares

Balance under the schemes of securities not yet issued at the end of the period subject to the block admission:

5,494,000 ordinary shares

Number and class of securities originally admitted and the date of admission:

4,385,000 ordinary shares were admitted on 21 March 2012. A further 2,349,000 ordinary shares were admitted on 21 March 2014 and 250,000 ordinary shares were admitted on 12 March 2015.  The total number of ordinary shares admitted in respect to its block admission as detailed above are therefore 6,984,000.

Name of contact:

Thomas Hill, Company Secretary

Telephone number of contact:

+44 (0) 203 416 3560

 

 

 

**ENDS**

 

For further information please visit the Hummingbird website www.hummingbirdresources.co.uk or contact:

Daniel Betts

Thomas Hill

Robert Monro

Hummingbird Resources plc

Tel: +44 (0) 203 416 3560




Charlie Cryer

Oliver Morse

 

 

RFC Ambrian Ltd

Nominated Adviser and Joint Broker

Tel: +44 (0) 20 3440 6800 / +61 (0) 8 9480 2500

 




Jon Belliss

Beaufort Securities Limited

Joint Broker

Tel: +44 (0) 20 7382 8300




Lottie Brocklehurst

Susie Geliher

Hugo de Salis

St Brides Partners Ltd

Financial PR/IR

Tel: +44 (0) 20 7236 1177

 

About Hummingbird Resources Plc

 

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company.  The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia.  Its current focus is on bringing Yanfolila, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential.  The high grade gold project has the potential to turn a profit in a varying gold price environment and will allow for quick returns with low operating costs. 

 

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside.  An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term.  Additionally, the Company has 4,000km2 highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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