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Holding(s) in Company

16 June 2017

The Board of the Company announces that the Company has received today the following TR-1 notification which is set out below without material amendment:

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii

WEST AFRICAN MINERALS CORPORATION

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation: iii

PLINIAN CAPITAL LIMITED

4. Full name of shareholder(s) 
 (if different from 3.):iv

HUNTRESS (CI) NOMINEES LIMITED

5. Date of the transaction and date on
which the threshold is crossed or
reached: v

16TH JUNE 2017

6. Date on which issuer notified:

16TH JUNE 2017

7. Threshold(s) that is/are crossed or
reached: vi, vii

3,4,5,6,7,8%

         

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

VGG9544K1021

32,353,998

32,353,998

0

0

 

0%

 

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

 

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

0

0%

                                 

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

 

 

 

Proxy Voting:

10. Name of the proxy holder:

 

11. Number of voting rights proxy holder will cease to hold:

 

12. Date on which proxy holder will cease to hold voting rights:

 

 

13. Additional information:

 

EXECUTION ONLY AND NOMINEE BROKER

14. Contact name:

LEE HAMMOND

15. Contact telephone number:

01481 732760

     

 

For further information contact:

    

West African Minerals Corporation

Gerard Holden

 

+44 (0) 1624 639 396

 

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish

Michael Cornish

 

+44 (0)20 7628 3396

Beaufort Securities Limited (Broker)

 

Jon Belliss

+44 (0)20 7382 8300

 

About West African Minerals Corporation

West African Minerals Corporation ((AIM: WAFM) is an iron ore mining and exploration group which has built a portfolio of iron ore assets. Through its 100 % owned subsidiary Compagnie Minière du Cameroun SA, the Group owns exploration licenses spanning the coastal regions in proximity to existing and developing ports, to licenses in the southeast along the extensive iron ore corridor that hosts other advanced deposits.

 

Further information and a copy of this announcement is available on the Group is available at www.westafricanminerals.com

 

ENDS

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