Rambler Metals & Mining PLC: Thundermin Resources Shareholders Approve Merger

BAIE VERTE, NL--(Marketwired - Dec 22, 2015) -  Rambler Metals and Mining PLC (TSX VENTURE: RAB) (AIM: RMM) (LSE: RMM)

TSX-V: RAB; LSE: RMM
22 December 2015 

Thundermin Resources Inc. Shareholders Approve
Merger with Rambler Metals and Mining Plc

London, United Kingdom & Newfoundland and Labrador, Canada - Rambler Metals and Mining PLC (TSX VENTURE: RAB) (AIM: RMM) ('Rambler' or the 'Company') today announces that, further to the Company's announcement on 12 November 2015, the shareholders of Thundermin Resource Inc. (TSX VENTURE: THR) have approved the merger by way of an amalgamation with a subsidiary of Rambler (the "Amalgamation"). The Amalgamation is expected to close on or before 31 December 2015. On completion, Rambler will issue 7,142,857 ordinary shares ("Consideration Shares") to Thundermin shareholders as previously notified on 12 November 2015.

Thundermin will, on completion of the Amalgamation, become the wholly owned subsidiary of Rambler, and Rambler will continue to trade on the TSX-V under the symbol "RAB" and on the AIM exchange under the symbol "RMM". The consolidated group will carry on the business of Rambler as a mining, exploration and development company.

Completion of the Amalgamation remains subject to regulatory approval, including the approval of the TSX Venture Exchange and standard closing conditions.

The Company has made an application for the Consideration shares to be admitted to trading on AIM. Admission is expected to occur on or around 31 December 2015. The Consideration Shares will rank pari passu with the existing ordinary shares in issue.

Following the completion of the Amalgamation, the Company's total issued share capital will consist of 151,311,085 ordinary shares of 1 penny each. There are no shares held in Treasury.

A further announcement will be made upon completion of the Amalgamation.

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