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

Cherif Rifaat

Zinnwald Lithium plc

info@zinnwaldlithium.com

John Depasquale

Dan Dearden-Williams

Allenby Capital Limited (Nominated Adviser)

+44 (0) 20 3328 5656

Michael Seabrook

Adam Pollock

Oberon Capital

(Joint Broker)

+44 (0) 20 3179 5300

 

Richard Greenfield

Charles Bendon

Tamesis Partner LLP

(Joint Broker)

+44 (0) 20 3882 2868

Isabel de Salis

Paul Dulieu

St Brides Partners Ltd

(Financial PR)

info@stbridespartners.co.uk

 

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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