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RNS Number : 8358U Zinnwald Lithium PLC 31 March 2023
31 March 2023
Zinnwald Lithium
plc
("Zinnwald Lithium" or the "Company")
Total Voting Rights
Zinnwald Lithium plc, the German focused lithium development company,
announces that the Company's issued share capital as at the date of this
announcement comprises 473,524,624 ordinary shares of 1 pence each, with one
voting right per share ("Ordinary Shares"). The Company does not hold any
ordinary shares in treasury and therefore the total number of Ordinary Shares
with voting rights in the Company is 473,524,624.
The above figure of 473,524,624 may be used by shareholders 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 FCA's Disclosure Guidance and Transparency Rules.
For further information contact:
Anton du Plessis Zinnwald Lithium plc info@zinnwaldlithium.com
Cherif Rifaat
John Depasquale Allenby Capital Limited (Nominated Adviser) +44 (0) 20 3328 5656
Dan Dearden-Williams
Michael Seabrook Oberon Capital +44 (0) 20 3179 5300
Adam Pollock (Joint Broker)
Richard Greenfield Tamesis Partner LLP +44 (0) 20 3882 2868
Charles Bendon (Joint Broker)
Isabel de Salis St Brides Partners Ltd info@stbridespartners.co.uk
Paul Dulieu (Financial PR)
Notes
Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, integrated lithium
development company focussed on becoming an important supplier
to Europe's fast-growing battery sector. The Company owns the Zinnwald
Lithium Project in Germany, an advanced development project with attractive
economics and approved mining licence. Its PEA, published in September
2022, highlighted the positive economics of the Project with a Pre-tax NPV8 of
US$1,605m, IRR of 39.0%, $192m EBITDA and a payback of just 3.3 years. The
Project is located in the heart of Europe's chemical and automotive
industries and has the potential to be one of Europe's more advanced battery
grade lithium projects.
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