Atalaya Mining PLC Announces Update on Voluntary Delisting From The TSX
Atalaya Mining plc has updated its voluntary delisting from the Toronto Stock Exchange (TSX), now set for March 20, 2023, instead of March 7. Shares will continue trading on the AIM market under the symbol ATYM. No shareholder approval is necessary for this delisting, as AIM is an accepted alternative market. Canadian shareholders can trade their shares on AIM by making them eligible for transfer through the UK-based CREST system. The company will maintain CDS eligibility until April 7, 2023, to facilitate this process. For queries, shareholders can contact Computershare Trust Company.
- No shareholder approval required for the TSX delisting.
- Continued trading on AIM market under symbol ATYM.
- Maintaining CDS eligibility until April 7, 2023, facilitates shareholder trading.
- None.
Update on Voluntary Delisting From The Toronto Stock Exchange
NICOSIA, CYPRUS / ACCESSWIRE / March 13, 2023 / Atalaya Mining plc ("Atalaya" or the "Company") (AIM:ATYM)(TSX:AYM) is providing an update on its application for a voluntary delisting of its ordinary shares from the Toronto Stock Exchange (the "TSX").
As announced on 20 February 2023, the TSX delisting was expected to occur on 7 March 2023, however, the Company now expects the delisting to be effective as of the closing of trading on 20 March 2023. Ordinary shares in the Company will continue to trade on the AIM market of the London Stock Exchange under the symbol "ATYM".
Shareholder approval is not required for the delisting because the Company's shares trade on AIM, which is an acceptable alternative market in accordance with Section 720(b) of the TSX Company Manual.
Additional Information for Shareholders on the Canadian Register
Following the delisting from the TSX, Canadian shareholders wishing to trade their shares on AIM will require that such shares are made eligible to be transferred and settled though CREST, the United Kingdom ("UK") based share transfer and settlement system. Shares cannot be transferred and settled through CREST until a shareholder's CDS Participant broker or the shareholder, if the shares are held in certificated form, as applicable, validly instructs Computershare Trust Company of Canada ("Computershare") to arrange for the shares to be held by a CREST participant broker. This can be done by completing a 'Register Removal Request - Canada to United Kingdom' form, with valid CREST participant account details, and submitting such form to Computershare via email at globaltransactionteam@computershare.com.
For any questions on this process please contact Computershare's global transaction unit by phone at +1 (877) 624-5999. The Company intends to maintain CDS eligibility for its shares until 7 April, 2023 in order to allow Canadian shareholders time to complete the process contemplated above.
The Company encourages shareholders holding shares in Canadian brokerage accounts to contact their brokers to confirm how they may hold and trade in Atalaya's shares either through the holding of a certificated share or UK depositary interests.
Contacts:
| SEC Newgate UK | Elisabeth Cowell / Axaule Shukanayeva | + 44 20 3757 6882 |
| 4C Communications | Carina Corbett | +44 20 3170 7973 |
| Canaccord Genuity (NOMAD and Joint Broker) | Henry Fitzgerald-O'Connor / James Asensio | +44 20 7523 8000 |
| BMO Capital Markets (Joint Broker) | Tom Rider / Andrew Cameron | +44 20 7236 1010 |
| Peel Hunt LLP (Joint Broker) | Ross Allister / David McKeown | +44 20 7418 8900 |
About Atalaya Mining Plc
Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. Atalaya's current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a centralised processing hub for ore sourced from its wholly owned regional projects around Riotinto that include Proyecto Masa Valverde and Proyecto Riotinto East. In addition, the Group has a phased earn-in agreement for up to
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SOURCE: Atalaya Mining PLC
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https://www.accesswire.com/743368/Atalaya-Mining-PLC-Announces-Update-on-Voluntary-Delisting-From-The-TSX
FAQ
What is the new date for Atalaya Mining's delisting from the TSX?
Will ATYM continue to trade after the TSX delisting?
Do shareholders need approval for Atalaya Mining's TSX delisting?
How can Canadian shareholders trade ATYM shares after delisting?
What is the deadline for Canadian shareholders regarding their holdings?
