nr-2019-06-28-appointment-of-broker-and-placing

Alien Metals Ltd, the AIM quoted exploration and development company, is pleased to announce that it has raised £350,000, before expenses, through the placing of 233,333,333 Common shares of no par value (“New Common Shares”) at a price of 0.15 pence each (“the Placing”) through SVS Securities plc (“SVS”). The proceeds of the Placing will be used for further exploration work at the Company’s wholly owned Donovan 2, Los Campos and San Celso projects and for general working capital purposes.