Completion of Fundraise and PDMR Dealing

Jangada Mines

17/02/2026 07:00

RNS Number : 1652T

Jangada Mines PLC

17 February 2026

 

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

17 February 2026

Jangada Mines plc ('Jangada')

 

Completion of Fundraise and PDMR Dealing

 

Jangada Mines Plc (AIM: JAN), a Brazil focused natural resource development company, is pleased to confirm, further to its announcement of 11 February 2026, the completion of the fundraising for £1.2 million, with the associated share issues admitting to trading today.

The proceeds will be used to fund drilling, geophysical and geological studies at the Molly Gold Project, further exploration at the Paranaíta Gold Project and for working capital purposes.

As also announced on 11 February 2026, Executive Chairman Brian McMaster subscribed directly with the Company for a further 7,142,857 Fundraise Shares, representing c. 8% of the Fundraising. Following this transaction, Brian is interested in 113,247,443 Ordinary Shares representing 14.16% of the issued share capital of the Company.

**ENDS**

 

For further information please visit www.jangadamines.com or contact:

 

Hugo de Salis
Jangada Mines plc
hugo@lepanto.co.uk
Ritchie Balmer
James Spinney
Harry Hiley
Strand Hanson Limited
Nominated & Financial Adviser
Tel: +44 (0)20 7409 3494
Jonathan Evans
Tavira Financial Ltd
Broker
Tel: +44 (0)20 7100 5100

 

About Jangada Mines Plc

Jangada is a natural resource development company listed on AIM of the London Stock Exchange (AIM:JAN) with assets in Brazil. It is led by a team with deep industry, financial and in-country experience, and has a dual growth strategy to:

·      Advance its portfolio projects including the high-grade Molly Gold Project, the Paranaíta Gold Project and the 100%-owned Pitombeiras vanadium titanomagnetite Project

·      Utilise its proven in-country and geological expertise to identify/acquire additional projects that it can rapidly advance to build value for shareholders.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

PDMR Dealing:

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name:
Brian McMaster
2.
Reason for the notification
a)
Position/status:
Executive Chairman
b)
Initial notification/Amendment:
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name:
Jangada Mines plc
b)
LEI:
213800LTGB12E32IN691
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)
Description of the financial instrument, type of instrument:
Identification code:
Ordinary shares of £0.0004 each

 ISIN: GB00BZ11WQ61
b)
Nature of the transaction:
Subscription of new ordinary shares
c)
Price(s) and volume(s):
Price(s)
Volume(s)
1.4 pence
7,142,857
d)
Aggregated information:
Aggregated volume:
Price:
Single transaction as in 4 c) above
e)
Date of the transaction:
17 February 2026
f)
Place of the transaction:
Outside a trading venue

 

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