Edale Capital increases stake in Georgian Mining Corporation

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   Georgian Mining Corporation 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ------------------------------ 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                X 
------------------------------------------------------------  ----------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  ----------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  ----------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  ----------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ----------------------------- 
 3. Full name of person(s)                                                Edale Capital LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s)                                Edale Europe Absolute Master 
  (if different from 3.):(iv)                                                          Fund 
-----------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                                   27 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                                      27 April 2017 
  notified: 
-----------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                     3% 
-----------------------------------------------------------  ------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of             to the triggering                   triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------  ------------------------------------------------------------------- 
                Number            Number            Number          Number of                 % of voting 
                 of                of                of shares       voting                    rights (x) 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 VGG9688A1003   2,000,000         2,000,000         3,000,000                  3,000,000                    3.73%
Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    Georgian Mining Corp

    More articles like this

    Georgian Mining Corp

    Spot copper premiums edged up

    Premiums of spot copper cathode edged higher in Shanghai on the morning of Wednesday May 6, from the level before the Labour Day holiday, as some top traders replenished inventories after the holiday.  Transactions cooled near

    Georgian Mining Corp

    London copper nears 6-week high as economies reopen

    London copper prices touched their highest level in nearly six weeks on Monday as some major economies plan to reopen businesses, while more stimulus from Japan also helped sentiment. Benchmark three-month copper on the London Metal

    Georgian Mining Corp

    Copper gains as top consumer China cuts lending rates

    Copper prices advanced on Monday as China, the world’s biggest consumer of the red metal, announced rate cuts to cushion the economic fallout of the coronavirus pandemic. China cut its benchmark one-year loan prime rate (LPR)

    Georgian Mining Corp

    Copper is the ultimate tool for innovation

    The metal has been with us through some of the greatest technological advances we’ve ever made. Stone was cutting-edge until about 10,000 years ago, when our ancestors discovered a better material from which to fashion their

    Georgian Mining Corp

    International Copper Association’s Response to COVID-19

    The global spread of COVID-19 has left many individuals and communities filled with concern. The International Copper Association (ICA) stands with its members as they focus on the health, safety and well-being of their employees, their

    Georgian Mining Corp

    Copper rises as Chilean miners consider output cut

    London copper prices rose on Monday as companies in top producer Chile consider output cuts at a time when the country has taken strict measures to contain the spread of the new coronavirus. Three-month copper on

    Georgian Mining Corp

    Copper Demand to Increase as Energy Consumption Falls

    As the world continues to move toward a sustainable and energy efficient future, copper has a major role to play. If global energy consumption reduces by three percent annually, copper demand would experience a cumulative increase

    Georgian Mining Corp

    Why is copper so important?

    Affordable and Clean Energy Products containing copper tend to operate more efficiently because copper is the best nonprecious conductor of heat and electricity. By globally adopting Minimum Energy Performance Standards (MEPS) in industrial equipment and residential

    Georgian Mining Corp

    Copper gains as Fed’s rate cut gets positive response

    Copper prices climbed on Wednesday as traders interpreted the U.S. central bank’s rate cut as a positive move that will ease liquidity, but worries about demand in top consumer China dominated. Benchmark copper on the London

    Georgian Mining Corp

    Copper rebound expected to pick up pace

    In light of preliminary figures for Copper futures markets from CME Group, open interest went down for the fifth consecutive session on Friday, now by almost 5K contracts. On the flip side, volume reversed four drops

    Georgian Mining Corp

    Copper bounces despite rise in virus cases

    Copper has rebounded after speculators surprised the market with a bout of buying late in the session despite a rise in new coronavirus cases in China. Copper was in the red or barely steady for most

    Georgian Mining Corp

    China stimulus helps copper to three-week high

    Copper prices climbed to three-week peaks on Monday after top consumer China cut interest rates to offset the economic damage from the coronavirus, though worries over demand for industrial metals capped gains. Benchmark copper on the

    Georgian Mining Corp

    Copper Futures: Recovery expected to continue

    Open interest in Copper futures increased for the third session in a row on Thursday, now by almost 1.9K contracts, as per advanced data from CME Group. Volume followed suit and rose by nearly 24.8K contracts

    Georgian Mining Corp

    Copper Drives Electric Vehicles

    The market for electric vehicles (EV) is rapidly changing as leading manufacturers debut new products, battery prices drop and government incentives continue around the world. Copper is essential to EV technology and its supporting infrastructure. The

    Georgian Mining Corp

    Georgian Mining Corp changes name to Empire Metals Limited

    Georgian Mining Corp (LON:GEO), the gold-copper exploration and development company, today announced that it has changed its name to Empire Metals Limited.  The change of name reflects the Company’s developing growth strategy which is anticipated to