Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
Hummingbird Resources plc
("Hummingbird" or the "Company")
Block Listing Six Monthly Return
Hummingbird Resources plc (AIM: HUM), 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 option 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: 12 September 2020 To: 11 March 2021
|
| Balance under the schemes of securities not issued at the beginning of the period subject to the block admission:
| 15,772,255 ordinary shares |
| Number of securities issued under the schemes during the period:
| 225,000 ordinary shares |
| Number of securities lapsed under the schemes during the period:
| 4,185,245 ordinary shares |
| Balance under the schemes of securities not yet issued at the end of the period subject to the block admission:
| 11,362,010 ordinary shares
|
| | |
| Name of contact:
| Thomas Hill, Company Secretary |
| Telephone number of contact: | +44 (0)207 409 6660
|
**ENDS**
For further information, please visit www.hummingbirdresources.co.uk or contact:
| Daniel Betts, CEO Thomas Hill, FD Edward Montgomery, CSO and ESG | Hummingbird Resources plc | Tel: +44 (0) 20 7409 6660 |
| | | |
| James Spinney Ritchie Balmer James Bellman | Strand Hanson Limited Nominated Adviser
| Tel: +44 (0) 20 7409 3494 |
| | | |
| James Asensio
| Canaccord Genuity Limited
| Tel: +44 (0) 20 7523 8000 |
| | | |
| Tim Blythe Megan Ray Rachael Brooks
| Blytheweigh Financial PR/IR
| Tel: +44 (0) 20 7138 3205 |
About Hummingbird Resources Plc
Notes to Editors
Hummingbird Resources (AIM: HUM) is a leading multi-asset, multi-jurisdiction gold production, development and exploration company and member of the World Gold Council ("WGC"). Our vision is to continue to grow our asset base, producing highly profitable ounces, while central to all we do being our Environmental, Social & Governance ("ESG") policies and practices. The Company currently has two core gold projects, the Yanfolila Gold Mine in Mali, and the recently acquired Kouroussa Gold Project in Guinea. Further, the Company has a controlling interest in the Dugbe Gold Project in Liberia that is being developed by Pasofino Gold Limited through an earn-in agreement. Construction of the Yanfolila mine, was on time and on budget in December 2017 having produced to date in excess of 321 kozs (as end of December 2020). Mineable Reserves, as at 31 October 2019 Yanfolila were 7.9Mt of Reserve ore @ 2.66 g/t for 676,000ozs gold. At 31 March 2019 Yanfolila had a total Resource base (inclusive of Reserves) of 28Mt of Ore @ 2.23 g/t for 2,005,300ozs gold. The Kouroussa Gold Project has a Mineral Resource base of 1.18Moz @ 3.08 g/t, which we are working on to be fast tracked to production, adding an additional c.100,000 oz of gold per annum to the Company's production profile.
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