REG - Metals Exploration - Exercise of Warrants and Options

Metals ExplorationAnnouncement

Tue 09:00

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RNS Number : 9313R  Metals Exploration PLC  22 July 2025

METALS EXPLORATION PLC

 

Exercise of Warrants and Options

Total Voting Rights

 

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), a
gold producer, exploration, and development company with assets in the
Philippines and Nicaragua, announces that it has received notices of exercise
in respect of, in aggregate, 8,108,835 new ordinary shares of £0.0001 each
("Ordinary Shares") in relation to (i) 1,161,555 warrants with an exercise
price of £0.0605 each, raising £70,274; and (ii) options over a total of
6,947,280 Ordinary Shares, with an average option price of £0.0602 each,
raising £417,532.

 

Admission and Total Voting Rights

 

Application has been made to the London Stock Exchange plc for the admission
of 8,108,835 new Ordinary Shares to trading on AIM ("Admission"), which is
expected to take place at 8.00 a.m. on or around 23 July 2025.

 

Following Admission, the Company will have 3,225,393,023 Ordinary Shares in
issue, of which 299,385,458 ordinary shares are held in treasury, and,
accordingly, the total number of voting rights is 2,926,007,565. Therefore,
this figure may be used by shareholders in the Company as the denominator for
the calculation by which they may determine if they are required to notify
their interest in, or change to their interest in, the share capital of the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

For further information, please contact or visit:

 

 Metals Exploration PLC

 Via BlytheRay                            +44 (0) 207 138 3204

 Nominated & Financial Adviser:           STRAND HANSON LIMITED
 James Spinney, James Dance, Rob Patrick  +44 (0) 207 409 3494

 Broker:                                  HANNAM & PARTNERS
 Matt Hasson, Franck Nganou               +44 (0) 207 907 8500

 Public Relations:                        BLYTHERAY
 Megan Ray, Said Izagaren                 +44 (0) 207 138 3204

                                          metalsexploration@blytheray.com

 Web:                                     www.metalsexploration.com
 X:                                       @MTLexploration (https://twitter.com/MTLexploration)
 LinkedIn:                                Metals Exploration (https://www.linkedin.com/company/metals-exploration-plc)

 

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