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 Louise Adrian, CFO Christian Taylor-Wilkinson, Business Development
|
+44 (0) 7778 866 108 +44 (0) 7721 492 922 +44 (0) 7795 168 157 |
| Novum Securities Ltd David Coffman Daniel Harris
|
+44 (0) 20 7399 9400 |
| Allenby Capital Ltd (Joint Broker) Kelly Gardiner / Guy McDougall (Sales) Nick Athanas (Corporate Finance)
|
+44 (0)20 3328 5656 |
| 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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