REG - ALT Resources PLC - Transaction Update & Intention to delist

Alt ResourcesAnnouncement

28/05/2026 12:00

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RNS Number : 0952G  ALT Resources PLC  28 May 2026

28 May 2026

ALT Resources PLC

("ALTR" or the "Company")

Transaction Update and Intention to delist from the Main Market

ALT Resources PLC, a company formed to capture value-accretive opportunities
in the natural resources industry, announces an update in relation to its
proposed transaction with Tartana Minerals Ltd ("Tartana") .

The Company is in the process of finalising the proposed transaction with
Tartana ("Proposed Transaction"), and is working with its professional
advisers to complete documentation relating to the equity fundraise which is
being undertaken in conjunction with the Proposed Transaction, along with the
Company's AIM Admission Document in relation to its proposed admission of the
Company's ordinary shares of £0.002 each ("Shares") to trading on AIM
("Admission").

In conjunction with the Proposed Transaction, the Company announces its
intention to cancel the listing of the Company's ordinary shares on the Equity
Shares (Shell) category of the Official List of the Financial Conduct
Authority ("FCA") and to cancel the trading of its ordinary shares on the Main
Market of the London Stock Exchange (together, the "Cancellation").

As a company listed on the Equity Shares (Shell) category, the Company is not
required to obtain the approval of its shareholders for the Cancellation but
is required under UK Listing Rule 21.2.17 to give at least 20 business days'
notice of the intended cancellation.

Accordingly, the Company has requested the FCA to cancel the listing of its
Shares on the Official List and the London Stock Exchange to cancel the
admission to trading of the Shares on its Main Market for listed securities.

It is expected that Cancellation and Admission will occur simultaneously.

It is anticipated that the Cancellation will become effective in not less than
20 business days.  Full details regarding the specific timing of the
Cancellation, the Company's proposed Admission to the AIM Market, and the
completion of the Proposed Transaction, will be provided in due course.

The timeline above remains indicative and is subject to change. If any of the
above times and/or dates change materially, the revised times and/or dates
will be notified to shareholders by way of a further announcement.

 For further information:

 

 www.altresources.co.uk.com (http://www.altresources.co.uk.com)                                                   +44 (0) 207 193 2376 / stacey@altresources.co.uk

 ALT Resources PLC

 Prad Mazumder

 Paris Christofides

 Joint-CEOs

 

 

Forward-Looking Statements

This announcement may contain forward-looking statements. These statements are
made by the Directors in good faith based on the information available to them
at the time of their approval of this announcement and such statements should
be treated with caution due to the inherent uncertainties, including both
economic and business risk factors, underlying any such forward-looking
information.

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