REG - Altona Rare Earths - Total Voting Rights

Altona Rare EarthsAnnouncement

31/05/2024 07:00

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RNS Number : 4842Q  Altona Rare Earths PLC  31 May 2024

31 May 2024

 

 

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

 

 

Total Voting Rights

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, as at
31 May 2024, the Company's issued share capital consists of 86,767,107
Ordinary Shares of 1 pence, each with one voting right. The Company does not
hold any Ordinary Shares in treasury. Therefore, the total number of voting
rights in the Company is 86,767,107.

The above figure of 86,767,107 should be used by shareholders in the Company
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
the share capital of the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.

 

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 Altona Rare Earths Plc

 Cedric Simonet, CEO                                +44 (0) 7778 866 108

 Louise Adrian, CFO                                 +44 (0) 7721 492 922

 Christian Taylor-Wilkinson, Business Development   +44 (0) 7795 168 157

 Novum Securities Ltd

 David Coffman                                      +44 (0) 20 7399 9400

 Daniel Harris

 Allenby Capital Ltd (Joint Broker)

 Kelly Gardiner / Guy McDougall (Sales)             +44 (0)20 3328 5656

 Nick Athanas (Corporate Finance)

 Optiva Securities (Broker)

 Daniel Ingram                                      +44 (0) 20 3411 1882

About Altona Rare Earths Plc

Altona is a resource exploration and development company focused on critical
raw materials in Africa. The Company is listed on the Main Market of the
London Stock Exchange with the ticker "REE".

Rare Earths are a group of 17 chemical elements, many of which are critical to
the World's ongoing transition from carbon-based to renewable energies, and to
the defence and communication sectors.

The Company is currently developing Monte Muambe, its flagship Magnet Rare
Earths Project, located in Northwest Mozambique. The Project was acquired in
June 2021, and the Company has so far drilled over 7,800m, and defined a
maiden JORC Mineral Resource Estimate of 13.6 million tons at 2.42% TREO. A
Competent Person Report including the Scoping Study for Monte Muambe was
published on 18 October 2023. The Project is now at Prefeasibility Study
stage, with a focus on metallurgical testing and process.

Altona is presently diversifying its portfolio by acquiring a limited number
of critical raw material projects to complement Monte Muambe. The acquisition
of the Kabompo South copper project in Zambia and of the Sesana copper-silver
project in Botswana represents the first steps towards the implementation of
this expanded strategy.

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