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Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources
8 November 2023
Mila Resources Plc
('Mila' or the 'Company')
Result of General Meeting, Admission of Placing Shares and Total Voting Rights
Mila Resources Plc (LSE:MILA), the post-discovery gold exploration accelerator, is pleased to announce that all resolutions were duly passed at the Company's General Meeting ('GM') held earlier today.
Accordingly, the Company has applied for admission of the 200,000,000 new ordinary shares issued under the placing to raise £2 million at 1 pence per share ("Placing Shares") to be admitted to trading on the Official List and the London Stock Exchange ("Admission") from 8.00 a.m. on 9 November 2023. The Placing Shares shall have one warrant attached with an exercise price of 2 pence for a period of two years from the date of admission.
The Placing Shares will rank pari passu in all respects with the existing issued Ordinary Shares, including the right to receive all dividends or other distributions declared, made or paid after the date of their issue and in respect of voting rights.
Total Voting Rights
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 536,817,108 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.
**ENDS**
For more information visit www.milaresources.com or contact:
Mark Stephenson Mila Resources Plc
| info@milaresources.com |
Jonathan Evans Tavira Financial Limited
| +44 (0) 20 7100 5100 |
Nick Emerson SI Capital
| +44 (0) 20 3143 0600 |
Damon Heath Shard Capital Partners LLP
| +44 (0) 20 3971 7000 |
Susie Geliher St Brides Partners Limited | +44 (0) 20 7236 1177 |
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