REG - Jangada Mines PLC - Completion of Fundraise and PDMR Dealing

Jangada MinesAnnouncement

17/02/2026 07:00

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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
(http://www.jangadamines.com/)  or contact:

 

 Hugo de Salis   Jangada Mines plc                   hugo@lepanto.co.uk

 Ritchie Balmer  Strand Hanson Limited               Tel: +44 (0)20 7409 3494

 James Spinney   Nominated & Financial Adviser

 Harry Hiley
 Jonathan Evans  Tavira Financial Ltd                Tel: +44 (0)20 7100 5100

                 Broker

 

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:  Ordinary shares of £0.0004 each

               Identification code:                                          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:                                       Single transaction as in 4 c) above

               Aggregated volume:

               Price:
 e)            Date of the transaction:                                      17 February 2026

 f)            Place of the transaction:                                     Outside a trading venue

 

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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