Rambler Metals & Mining PLC: Issuance of Share

BAIE VERTE, NL--(Marketwired - Feb 2, 2016) -  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:

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.