REG - East Star Resources - Exercise of Warrants

East Star ResourcesAnnouncement

30/04/2026 17:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260430:nRSd6720Ca&default-theme=true

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 (http://www.eaststarplc.com)

 

Follow us on social media:

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

X: https://x.com/EastStar_PLC (https://x.com/EastStar_PLC)

 

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

www.eaststarplc.com/newsalerts (http://www.eaststarplc.com/newsalerts)

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEEAKLEDEFKEFA



            Copyright 2019 Regulatory News Service, all rights reserved