Anglesey Mining plc (AIM:AYM) agreed to acquire additional 29.8% stake in Grängesberg Iron AB from Roslagen Resources AB on January 12, 2023. Post this completion Anglesey Mining plc will hold 49.75% stake in Grängesberg Iron AB. Anglesey Mining will issue 14,544,827 new ordinary shares to Roslagen Resources AB.

The Consideration Shares shall be held in escrow for 12 months from their date of issue.