REG - Landore Resources Ld - Exercise of Warrants and Issue of Equity

Landore ResourcesAnnouncement

17/10/2025 16:45

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RNS Number : 9011D  Landore Resources Limited  17 October 2025

17 October 2025

 

Landore Resources Limited

Exercise of Warrants and Issue of Equity

London, United Kingdom - 17 October 2025 - Landore Resources Limited (AIM:
LND) ("Landore Resources" or the "Company") announces that it has received
certain notices to exercise warrants over, in aggregate, 882,500 new ordinary
shares (the "Warrant Shares"), for a total consideration of £21,180.

Application has been made to the London Stock Exchange for admission of the
Warrant Shares to trading on AIM ("Admission"). It is expected that Admission
will become effective and dealings in the Warrant Shares will commence,
subject to receipt of the Warrant Shares consideration, on or around 22
October 2025. The Warrant Shares will be issued fully paid and will rank pari
passu in all respects with the Company's existing issued ordinary shares.

Following Admission, the Company's issued share capital will consist of
335,907,332 ordinary shares with voting rights. Landore Resources does not
hold any ordinary shares in treasury. This figure of 335,907,332 may therefore
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's share capital under the FCA's Disclosure
Guidance and Transparency Rules.

 

Engage with us by asking questions, watching video summaries and seeing what
other shareholders have to say on our Interactive Investor hub here: Landore
Resources Investor Hub (https://investors.landore.com/link/XyM8bP)

 

- ENDS -

 For further information, please contact:

 Landore Resources Limited                                   contact@landore.com

 Alexander Shaw (CEO)

 or engage with the company directly                         https://investors.landore.com/s/051b30
                                                             (https://investors.landore.com/s/051b30)
 Strand Hanson Limited (Nominated Adviser and Joint Broker)

 James Dance/Matthew Chandler/Harry Marshall                 Tel: 020 7409 3494
 AlbR Capital Limited (Joint Broker)                                            cr@albrcapital.com

                                                           (mailto:cr@albrcapital.com)
 Colin Rowbury

                                                             Tel: 020 7469 0930
 Hannam & Partners (Joint Broker)

 Andrew Chubb/Matt Hasson                                    Tel: 020 7907 8500
 Burson Buchanan (Financial PR)

 Bobby Morse/Oonagh Reidy                                    landore@buchanancomms.co.uk

                                                             Tel: 020 7466 5000

 

Subscribe to our news alert service: https://investors.landore.com/auth/signup

 

About Landore Resources

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM
Gold Project, Northwestern Ontario, Canada, which has an NI 43-101 compliant
resource estimate of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t;
Inferred: 467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold
producing province, and produced 3.9m oz, accounting for 41% of Canada's total
gold production in 2023. Landore Resource's strategic objective is to
crystallise value from BAM Gold's last estimated NPV of US$333.6m @
US$1,800/oz spot (from May 2022 PEA), as well as generating additional value
from its non-core portfolio of precious and battery metals projects in eastern
Canada and the USA.

 

 

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