East Star Resources - Exercise of Warrants

East Star Resources

30/04/2026 17:03

RNS Number : 6720C

East Star Resources PLC

30 April 2026

 

30 April 2026

 

East Star Resources Plc

 

("East Star" or the "Company")

 

Exercise of Warrants

 

East Star Resources Plc (LSE: EST), the Kazakhstan-focused gold and copper explorer, announces it has received a warrant exercise notice to convert 446,538 warrants with an exercise price £0.03 into 446,538 new ordinary shares of £0.01 each in the Company ("Ordinary Shares") (the "Warrant Shares"). The Company has received gross proceeds in respect of the Warrant Shares of £13,396.14

Admission

Application has been made for the Warrant Shares to be admitted to trading on the main market for listed securities of the London Stock Exchange, and admission of the Warrant Shares is expected to occur on or around 7 May 2026 ("Admission"). The Warrant Shares will rank pari passu with the existing Ordinary Shares.

For the purpose of the Disclosure and Transparency Rules, following Admission, the enlarged issued share capital of the Company will comprise 550,012,922 Ordinary Shares. The Company does not hold any shares in treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

Enquiries

 

East Star Resources Plc

Alex Walker, Chief Executive Officer

Tel: +44 (0)20 7390 0234 (via Vigo Consulting)

 

SI Capital (Corporate Broker)

Nick Emerson

Tel: +44 (0)1483 413 500

 

Vigo Consulting (Investor Relations)

Ben Simons / Seb Weller

Tel: +44 (0)20 7390 0234

 

About East Star Resources Plc

 

East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. The Company is pursuing multiple exploration strategies including:

 

·
A joint venture with Hong Kong Xinhai Mining Services Limited to take the Verkhuba Deposit (20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead) into production (at no further cost to East Star) with East Star retaining 30% ownership in production
·
A second VMS Exploration Target with up to 23Mt @ 2.4% copper equivalent in the same region, with numerous other targets being advanced to drill-ready status
·
A $25 million+ strategic gold exploration joint venture with Endeavour Mining
·
Tier 1 potential copper porphyry targets and epithermal gold targets in a proven copper porphyry and epithermal belt

 

Visit our website:

www.eaststarplc.com 

 

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/

X: https://x.com/EastStar_PLC 

 

Subscribe to our email alert service to be notified whenever East Star releases news:

www.eaststarplc.com/newsalerts

 

The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.

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