Source - LSE Regulatory
RNS Number : 2784N
Golden Metal Resources PLC
07 May 2024
 

 7 May 2024

Golden Metal Resources plc ("Golden Metal" or the "Company")

Exercise of Warrants

Golden Metal Resources plc (LON:GMET/OTCQB:GMTLF), a strategic mineral exploration and development company focused on Nevada, US, announces an exercise of warrants.

Warrant Exercise

The Company has received notices to exercise warrants over a total of 4,001,317 new ordinary shares of 1 pence each in the Company ("Warrant Shares") at an exercise price of 10.75p per Warrant Share, raising £430,141.57 for the Company.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 4,001,317 Warrant Shares to be admitted to trading on AIM which is expected to occur on or around 10 May 2024 ("Admission"). The Warrant Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

Following Admission, the Company's issued share capital will comprise 100,813,444 ordinary shares of 1p each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

Golden Metal Resources plc

Oliver Friesen (CEO)

Tel: +44 (0) 20 7583 8304

Cairn Financial Advisers LLP

Nominated Adviser

Sandy Jamieson/Jo Turner/Louise O'Driscoll

Tel: +44 20 7213 0880

First Equity Limited

Broker

Jonathan Brown/Jason Robertson

Tel: +44 20 7374 2212

 

 

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