REG - Golden Metal Rsrcs. - Exercise of Warrants

Golden Metal ResourcesAnnouncement

18/04/2024 17:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240418:nRSR2273La&default-theme=true

RNS Number : 2273L  Golden Metal Resources PLC  18 April 2024

18 April 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 a notice to exercise warrants over 283,090 new
ordinary shares of 1 pence each in the Company ("Warrant Shares") at an
exercise price of 10.75p per Warrant Share and raising £30,432.18 for the
Company.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 283,090 Warrant Shares to be admitted to
trading on AIM which is expected to occur on or around 24(th) April 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
94,852,328 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                   Tel: +44 (0) 20 7583 8304

 Oliver Friesen (CEO)
 Cairn Financial Advisers LLP                 Tel: +44 20 7213 0880

 Nominated Adviser

 Sandy Jamieson/Jo Turner/Louise O'Driscoll
 First Equity Limited                         Tel: +44 20 7374 2212

 Broker

 Jonathan Brown/Jason Robertson

 

 

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  IOEEASLPFSXLEFA