REG - Lexington Gold Ltd - Exercise of Warrants and Total Voting Rights

Lexington GoldAnnouncement

02/10/2023 07:00

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RNS Number : 2470O  Lexington Gold Limited  02 October 2023

2 October 2023

Lexington Gold Ltd

("Lexington Gold" or the "Company")

Exercise of Warrants and Total Voting Rights

 

Lexington Gold (AIM: LEX), the gold exploration and development company,
announces that it has received notice of exercise in respect of certain
adviser warrants to subscribe for a total of 3,268,485 new common shares of
US$0.003 each in the capital of the Company ("Common Shares") (the "Warrant
Shares"), at an exercise price of 2.75 pence per common share. The Company
received £89,883.34 for the Warrants exercised.

 

The Warrant Shares will rank pari passu with the Company's existing Common
Shares and application will be made to the London Stock Exchange for the
Warrant Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will become effective and that dealings in the Warrant Shares
commence at 8.00 a.m. on or around 5 October 2023.

 

Total Voting Rights

On Admission, the number of Common Shares in issue outside treasury and the
total voting rights in the Company will be 373,163,158. This figure may be
used by shareholders in the Company 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, Lexington Gold under the notification
provisions incorporated in the Company's Bye-laws.

 

 

For further information, please contact:

 

 Lexington Gold Ltd                                      www.lexingtongold.co.uk (http://www.lexingtongold.co.uk)

 Bernard Olivier (Chief Executive Officer)               via Yellow Jersey

 Edward Nealon (Chairman)

 Mike Allardice (Group Company Secretary)

 Strand Hanson Limited (Nominated Adviser)               www.strandhanson.co.uk (http://www.strandhanson.co.uk)

 Matthew Chandler / James Bellman / Abigail Wennington   T: +44 207 409 3494

 WH Ireland Limited (Joint Broker)                       www.whirelandplc.com

 Katy Mitchell                                           T: +44 207 220 1666

 Peterhouse Capital Limited (Joint Broker)               www.peterhousecap.com

 Duncan Vasey / Lucy Williams (Broking)                  T: +44 207 469 0930

 Eran Zucker (Corporate Finance)

 Yellow Jersey PR Limited (Financial Public Relations)   www.yellowjerseypr.com (http://www.yellowjerseypr.com)

 Charles Goodwin / Annabelle Wills / Soraya Jackson      T: +44 7948 758 681

 

Note to Editors:

Lexington Gold (AIM: LEX) is a gold exploration and development company
currently holding interests in four diverse gold projects, covering a combined
area of approximately 1,675 acres in North and South Carolina, USA and in five
gold projects covering approximately 89,505 hectares in South Africa.

 

Further information is available on the Company's
website: www.lexingtongold.co.uk (http://www.lexingtongold.co.uk/) . Neither
the contents of the Company's website nor the contents of any website
accessible from hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of, this announcement.

 

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.

 

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