Exercise of Warrants and Total Voting Rights
RNS Number : 4308U
Jangada Mines PLC
25 February 2026
25 February 2026
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining
Jangada Mines Plc ('Jangada' or 'the Company')
Exercise of Warrants and Total Voting Rights
Jangada Mines Plc (AIM: JAN), a Brazil-focused natural resource development company, announces that, pursuant to receipt of a warrant exercise notice, it has issued 8,333,333 new ordinary shares of 0.04 pence each ("Ordinary Shares") ("New Shares"). The warrant exercise, at the exercise price of 1 pence per share, generated gross proceeds of £83,333.33 to the Company, bringing the total amount raised from the exercise of warrants to approximately £934,165.
Admission and Total Voting Rights
The New Shares will rank pari passu in all respects with the existing Ordinary Shares. Application has been made for the admission of 8,333,333 new Ordinary Shares to trading on AIM ("Admission"), and it is expected that Admission will become effective and that dealings in such New Shares on AIM will commence on or around 8.00 a.m. on 4 March 2026.
Following Admission, the Company's issued share capital will consist of 819,447,266 Ordinary Shares, each with one voting right. As the Company does not hold any shares in treasury, this 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 share capital of the Company following Admission under the FCA's Disclosure Guidance and Transparency Rules.
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 |