Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, is pleased to update shareholders of director and PDMR dealings in relation to the managed sell down of Artemis Resources Limited's remaining shareholding in Alien Metals Ltd. Roderick ('Rod') McIllree, Executive Chairman, has purchased an additional 48,833,333 shares in Alien Metals Ltd.
Accordingly, Rod now holds 127,404,762 shares in the Company representing 2.5% of the Company's issued share capital which has been purchased entirely 'on market'. Mark Culbert, an independent nonexecutive director, purchased an additional 1,666,666 shares and thereby holds 6,666,666 Shares in the Company. Dan Smith, non-executive director has purchased a further 2.5m shares and thereby holds 4,517,715 shares in the Company.
Troy Whittaker, the CEO of Iron Ore Company of Australia Pty Limited ('IOCA'), the Company's 100% owned subsidiary, has purchased a further 11,666,666 shares and accordingly now holds 18,809,523 shares in total. In addition, a further 44,999,999 shares were acquired by the Company PDMR's and employees. The balance went to existing shareholders of Alien Metals Ltd with the process managed by WH Ireland, the Company's broker at a price of 0.30 pence per share. The shares were purchased from Artemis Resources Ltd, who after being released from escrow early, have now sold the remaining balance of their holding of 215,617,818 shares, representing 4.26% of the Company's total issued share capital.
Contact:
Alien Metals Limited
Rod McIllree
Executive Chairman
Tel: +44 (0) 20 7138 3204
Beaumont Cornish Limited
Nomad
James Biddle
Roland Cornish
Tel: +44 (0) 207 628 3396
WH Ireland Ltd
Joint Broker
Harry Ansell
Katy Mitchell
Tel: +44 (0) 207 220 1666
BlytheRay
Financial PR
Tim Blythe
Megan Ray
Said Izagaren
Tel: +44 (0) 20 7138 3204
Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in November 2022 exercised its option to move to 90% once certain CP's are satisfied. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022. The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2 exploration tenement around the mine. In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium. The Company also holds silver, copper and base metal projects in Mexico however is currently looking at the best way to divest these for the benefit of shareholders
ALIEN METALS LTD 
