Dalradian Provides Block Listing Update
TORONTO, ONTARIO -- (Marketwired - September 22, 2017) - Dalradian Resources Inc. (TSX:DNA /AIM:DALR) ("Dalradian" or the "Company") announces that as of 21 September 2017 and pursuant to Rule 29 and Schedule Six of the AIM Rules for Companies, there have been the following changes to the number of shares block listed in respect of the block listing of up to 28,047,299 common shares each in the Company admitted to trading on AIM on 6 February 2015 and its updates and changes on 15 August 2015, 20 May 2016, 27 September 2016 and 23 March 2017.
| Name of company | Dalradian Resources Inc. | |
| Name of scheme(s) | Block listing of up to 28,047,299 common shares each in the Company admitted to trading on AIM on 6 February 2015 | |
| Period of return | From: 23 March 2017 To: 21 September 2017 | |
| Balance under scheme(s) from previous return: | 15,252,499 common shares | |
| The amount by which the block scheme(s) has been increased during the period: | Nil | |
| Number and class of securities issued under the scheme(s) during the period: | 10,333,211 common shares pursuant to warrants issued in connection with the bought deal offering completed on 31 July 2014 | |
| Number and class of securities issued under the scheme(s) which expired during the period: | 4,869,288 common shares pursuant to warrants issued to warrants issued in connection with the bought deal offering completed on 31 July 2014 | |
| Balance under the scheme(s) of securities not yet issued at the end of the period | Warrants issued to two landowners on 1 January 2013 | 50,000 |
| Total | 50,000 | |
| Number and class of securities originally admitted and the date of admission | Block listing of up to 28,047,299 common shares each in the Company admitted to trading on AIM on 6 February 2015, as follows: | |
| Warrants issued to two landowners on 1 January 2011 | 30,000 | |
| Warrants issued to two landowners on 1 January 2012 | 40,000 | |
| Warrants issued to two landowners on 1 January 2013 | 50,000 | |
| Warrants issued in connection with the bought deal offering completed on 19 February 2014 | 9,710,250 | |
| Broker warrants issued in connection with the bought deal offering completed on 19 February 2014 | 1,190,250 | |
| Warrants issued in connection with the bought deal offering completed on 31 July 2014 | 9,602,500 | |
| Broker warrants issued in connection with the bought deal offering completed on 31 July 2014 | 1,152,300 | |
| Warrants issued in connection with the non-brokered private placement completed on 31 July 2014 | 5,599,999 | |
| Broker warrants issued in connection with the non-brokered private placement completed on 31 July 2014 | 672,000 | |
| Contact details | Marla Gale Vice President, Communications +1 416 583 5622 | |
About Dalradian Resources Inc.
Dalradian Resources Inc. is a mineral exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom.
For more information:
Marla Gale Vice President Communications +1 416 583 5622 investor@dalradian.com
Grant Thornton UK LLP (Nominated Adviser) Philip Secrett / Richard Tonthat / Harrison Clarke +44 (0)20 7383 5100
Canaccord Genuity Limited (Broker) Henry Fitzgerald-O'Connor / Martin Davison +44 20 7523 8000
