/EINPresswire.com/ -- BAIE VERTE, NL -- (Marketwired) -- 02/02/16 -- Rambler Metals & Mining PLC (TSX VENTURE: RAB) (LSE: RMM)

02 February 2016
TSX-V: RAB; LSE: RMM

Rambler Metals and Mining Plc Announces Issuance of Shares In Relation to the Thundermin Transaction

London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc, a Canadian copper and gold producer, explorer and developer (TSXV: RAB, AIM: RMM) ("Rambler" or the "Company") reports that in relation to the closing of the previously announced acquisition of Thundermin Resources Inc. (TSXV: THR) ("Thundermin") the Company will issue 1,614,981 shares of 1 pence each of the Company. The shares are being issued in lieu of payment in accordance with the change of control provisions for Thundermin Employees.

The Company has made an application for the 1,614,981 new shares to be admitted to trading on AIM. Admission is expected to occur on or around 5 February 2016. The shares will rank pari passu with the existing ordinary shares in issue.

The Company's total issued share capital now consists of 152,926,066 ordinary shares of one penny each. There are no shares held in Treasury.

Rambler is dual listed in London under AIM:RMM and in Canada under TSX-V:RAB.

For further information, please contact:

Norman Williams, CPA,CA              Peter Mercer
President and CEO                    Vice President, Corporate Secretary
Rambler Metals & Mining Plc          Rambler Metals & Mining Plc
Tel No: 709-800-1929                 Tel No: +44 (0) 20 8652-2700
Fax No: 709-800-1921                 Fax No: +44 (0) 20 8652-2719


Stewart Dickson / David Porter       Tim Blythe/ Megan Ray
Cantor Fitzgerald Europe             Blytheweigh
Tel No: +44 (0) 20 7894 7000         Tel No: +44 (0) 20 7138 3204

Website: www.ramblermines.com

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.