Trading Symbols
AIM: UFO
FWB: I3A1
24 May 2023
Alien Metals Ltd ("Alien" or "the Company")
Directors Dealings
Holdings in Company
Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, advises that on the 23rd and 24th May 2023 outgoing Director Roderick McIllree sold 5,000,000 shares in Alien Metals Ltd at a price of 0.0427 pence per share on market. Accordingly, Roderick McIllree now holds 132,404,762 shares representing 2.48% of the Company's issued share capital.
For further information please visit the Company's website at www.alienmetals.uk, or contact:
Alien Metals Limited
Guy Robertson, Executive Chairman Tel: +44 (0) 20 7138 3204
Beaumont Cornish Limited (Nomad)
James Biddle / Roland Cornish Tel: +44 (0) 207 628 3396
WH Ireland Ltd
Harry Ansell / Katy Mitchell Tel +44 (0) 207 220 1666
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Said Izagaren Tel: +44 (0) 20 7138 3204
Notes to Editors
Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in December 2022 moved to 90% legal and beneficial ownership. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.
The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2 exploration tenement around the mine. In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium.
The Company also holds silver, copper and base metal projects in Mexico however is currently looking at the best way to divest these for the benefit of shareholders.
1 Details of the person discharging managerial responsibilities / person closely associated
| a) | Name | Roderick McIllree | ||
| 2 | Reason for notification | |||
| a) | Position / status | Executive Director | ||
| b) | Initial notification/Amendment | Initial | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Alien Metals Limited | ||
| b) | LEI | 213800KS2BKR6QBRHE44 | ||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||
| a) | Description of the financial instrument, type of instrument identification code | Common Shares of Alien Metals Limited ISIN VGG017351021 | ||
| | Nature of the transaction | Sale of directors' shares | ||
| c) | Price(s) and volumes(s) | | ||
| Price(s) | Volumes(s) | | ||
| 0.0427 pence | 5,000,000 | |||
| d) | Aggregated information | n/a | ||
| e) | Date of the transaction | 23 & 24 May 2023 | ||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||
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