29 July 2016

Alexander Mining plc

("Alexander" or the "Company")

Issue of Equity  

The Directors of Alexander announce that it has received an exercise notice regarding 32,494,811 Warrants of 0.1 pence.  These Warrants were issued pursuant to the Warrant Bonus Issue announced on 20 May 2016. Accordingly, the directors have issued and allotted 32,494,811 new ordinary shares of 0.1p each (the "New Ordinary Shares") in the Company. 

Application has been made for the New Ordinary Shares, which will rank pari passu with the existing ordinary shares of 0.1p each (the "Ordinary Shares"), to be admitted to trading on AIM and it is expected that this will take place on or around 3 August 2016 ("Admission"). 

Total Voting Rights

Following the Admission of the New Ordinary Shares the Company's issued share capital will comprise 909,405,099 Ordinary Shares with voting rights. The figure of 909,405,099 Ordinary Shares may therefore 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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