Rambler Metals and Mining PLC: Closing of Final Tranche of Private Placement
Newfoundland, Canada (FSCwire) - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company') is pleased to announce that it has closed the final tranche of the private placement ('Private Placement') previously announced by way of news release on 22 May 2018 of an aggregate of 44,400,000 ordinary shares of £0.01 each in the Company ('Private Placement Shares') with Lombard Odier Asset Management (USA) Corp, acting in its capacity as discretionary asset manager for certain funds managed by it ('LO Managed Funds'). Pursuant to the final tranche of the Private Placement, the Company has issued 19,400,000 Private Placement Shares to LO Managed Funds at a price of £0.05 per Private Placement Share for an aggregate subscription price of £970,000 and such Private Placement Shares have been admitted to trading on the AIM of the London Stock Exchange plc and listed on the TSX Venture Exchange.
The Company previously issued 25,000,000 Private Placement Shares to LO Managed Funds on the closing of the first tranche of the Private Placement as announced by way of a news release dated 25 May 2015.
Click on, or paste the following link into your web browser, to view the associated PDF document.
For further information, please contact:
Norman Williams, CPA,CA
President and CEO
Tel No: 709-800-1929
Fax No: 709-800-1921
Vice President, Corporate Secretary
Tel No: +44 (0) 20 8652-2700
Fax No: +44 (0) 20 8652-2719
Nominated Advisor (NOMAD)
David Porter, Peter Malovany
Cantor Fitzgerald Europe
Tel No: +44 (0) 20 7894 7000
Nicole Marchand Investor Relations
Tel No: 416- 428-3533
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact email@example.com or visit www.rns.com.
To view the original release, please click here
Source: Rambler Metals and Mining plc (TSX Venture:RAB, AIM:RMM, OTC Pink:RBMTF, FWB:51R)
To follow Rambler Metals and Mining plc on your favorite social media platform or financial websites, please click on the icons below.
Maximum News Dissemination by FSCwire. https://www.fscwire.com
Copyright © 2018 FSCwire