ALL STAR MINERALS PLC
("All Star Minerals'' or the "Company")
Result of GM and Change of Name
All Star Minerals plc (AQSE:ASMO), is pleased to announce that at its General Meeting ("GM") held today, all resolutions were duly passed, including the change of name to Marula Mining PLC and the share capital reorganisation.
Admission of the Company's new ordinary shares to trading on the AQSE Growth Market is expected on or around 4 July 2022.
Once the change of name takes effect, the Group's ticker for AQSE will be MARU. The Company's website address (including its investor relations content) will be marulamining.com.
The Company's new ISIN will be GB00BNBS4S95 and new SEDOL will be BNBS4S9.
As a result of the share capital reorganisation and in accordance with the requirements of the FCA's Disclosure Guidance and Transparency Rules, the Company hereby notifies the market that the Company's issued ordinary share capital as of 8.00 a.m. on 4 July 2022 will consist of 59,999,748 ordinary shares of 0.01p each. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company as of 4 July 2022 will be 59,999,748.
Jason Brewer, CEO, said:
"Getting the name change over the line feels like the final transition in implementing the Company's exciting new strategy and I am incredibly grateful for everyone's support in this regard. The Marula Tree is one of the largest indigenous trees found throughout Africa and is known as the "King of African Trees".
"In addition to this, we appreciate the support for the Share Capital Reorganisation. We strongly believe this will prove effective in attracting new shareholders and adding further value to your Company.
"We now look forward to further developing our portfolio of green transition assets and providing updates in due course."
This announcement contains inside information for the purposes of UK Market Abuse Regulation, and has been arranged for release by Jason Brewer, Chief Executive Officer of the Company. The Directors of All Star are responsible for the contents of this announcement.
Enquiries:
| All Star Minerals Plc Jason Brewer, Chief Executive Officer |
Contact via BlytheRay, Financial PR and IR (details below)
|
| AQSE Corporate Adviser Cairn Financial Advisers LLP Liam Murray / Ludovico Lazzaretti
|
+44 (0)20 7213 0880 |
| Broker OvalX Tom Curran / Thomas Smith
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+44 (0) 20 7392 1568
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| Financial PR and IR BlytheRay Tim Blythe / Megan Ray
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+44 (0)20 7138 3204
|
Caution regarding forward looking statements
Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.
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