REG - GreenX Metals Ltd - Issue of Shares

GreenX MetalsAnnouncement

21/07/2023 07:00

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RNS Number : 7394G  GreenX Metals Limited  21 July 2023

GREENX METALS LIMITED

 

NEWS RELEASE | 21 July 2023

 

ISSUE OF SHARES

 

GreenX Metals Limited (GreenX or Company) advises that following the
announcement made on 13 July 2023, the Company has completed the placing and
issued 5,204,500 ordinary fully paid shares (Shares).

 

An application will be made for admission of the Shares to the standard
listing segment of the Official List of the Financial Conduct Authority's
(FCA) (Official List) and to trading on the main market of the London Stock
Exchange for listed securities (LSE Admission). LSE Admission is expected to
take place on or about 14 August 2023.

 

For the purposes of the FCAs Disclosure Guidance and Transparency Rules
(DTRs), following LSE Admission, the Company's issued ordinary share capital
will be 272,878,939 ordinary shares. The above figure of 272,878,939 may be
used by shareholders as the denominator for the calculations by which they can
determine if they are required to notify their interest in, or a change to
their interest in, the Company following LSE Admission.

 

Following the issue of Shares, GreenX has the following securities on issue:

·      272,878,939 ordinary fully paid shares;

·      5,375,000 unlisted options exercisable at A$0.45 each on or
before 30 November 2025;

·      5,525,000 unlisted options exercisable at A$0.55 each on or
before 30 November 2026;

·      5,000,000 Class A performance rights that have an expiry date 8
October 2026;

·      6,000,000 Class B performance rights that have an expiry date 8
October 2026; and

·      A convertible loan note with a principal amount of A$2,627,430,
convertible into 5,711,805 ordinary shares at a conversion price of A$0.46 per
share with no expiry date.

 

Enquiries:

 

 GreenX Metals Limited            Tel: +61 8 9322 6322
 Dylan Browne, Company Secretary  Email: info@greenxmetals.com (mailto:info@greenxmetals.com)

 

 

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