ALBA MINERAL RESOURCES PLC

Delisting Announcement • Apr 7, 2020

National Storage Mechanism | Additional information

RNS Number : 1145J

Alba Mineral Resources PLC

07 April 2020

Alba Mineral Resources plc

("Alba" or "the Company")

Update Re: Admission Date

Alba Mineral Resources plc (AIM: ALBA), the diversified mineral exploration and development company, refers to the earlier announcement today regarding the exercise of conversion rights and issuance of 50,000,000 ordinary shares in the Company.

It was announced that the application is being made in respect of 50,000,000 ordinary shares to be admitted to trading on AIM ("Admission") and that Admission is expected to take place on 13 April 2020. Due to 13 April 2020 being a non-trading day, Admission will now be on or around the 14 April 2020.

Following admission of the Relevant Shares, the Company's enlarged issued share capital will comprise 3,843,351,946 ordinary shares with voting rights. This figure may 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 and Transparency Rules.

For further information, please contact:

Alba Mineral Resources plc George Frangeskides, Executive Chairman	+44 20 3907 4297
Cairn Financial Advisers LLP (Nomad)  James Caithie / Liam Murray	+44 20 7213 0880
First Equity Limited (Broker) Jason Robertson	+44 20 7374 2212

Alba's Project and Investment Portfolio

Project (commodity)	Location	Ownership
Mining Projects
Amitsoq (graphite)	Greenland	90%
Clogau (gold)	Wales	90%
Inglefield (copper, cobalt, gold)	Greenland	100%
Limerick (zinc-lead)	Ireland	100%
Melville Bay (iron ore)	Greenland	51%
TBS (ilmenite)	Greenland	100%
Oil & Gas Investments
Brockham (oil)	England	5%
Horse Hill (oil)	England	11.765%

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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