News archive December 2012

Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Published 20 Dec, 2012 - Read full story


US$15 million royalty funding agreement

Hummingbird Resources plc together with its subsidiaries (the “Group”), announces that the Group has entered into a financing agreement with a wholly owned subsidiary of Anglo Pacific Group plc (LSE: APF) (“Anglo Pacific”) to support further exploration and development of the Group’s Dugbe 1 Project in Liberia.

Highlights

·    Anglo Pacific to advance US$15 million in three equal tranches in return for 2% net smelter return royalty
·    Agreement relates only…

Published 18 Dec, 2012 - Read full story


Completion of the IFC Subscription Agreement

Further to the announcement on the 6th November 2012, Hummingbird Resources is pleased to announce that it has satisfied all of the necessary conditions precedent under the subscription agreement with the International Finance Corporation (“IFC”) and has received funds totalling £3m in return for 5.7% of the Company’s issued share capital (£0.93 per share placing price).  Accordingly application has been made for 3,225,806 new ordinary shares in the Company to be admitted to trading on AIM, which is expected to…

Published 12 Dec, 2012 - Read full story


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