REG - Mila Resources Plc - Exercise of Warrants & Issue of Equity

Mila ResourcesAnnouncement

30/05/2022 12:00

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RNS Number : 2542N  Mila Resources PLC  30 May 2022

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

 

30 May 2022

Mila Resources Plc

 

('Mila' or the 'Company')

 

Exercise of Warrants & Issue of Equity

 

Mila Resources, the post-discovery gold exploration accelerator, announces
that it has received a notice to exercise warrants over a total of 220,000
Ordinary Shares of £0.01 each in the Company (the "Warrant Shares"), at an
exercise price of 4.8p for which funds of £10,560 have been received by the
Company.

 

An application has been made for the Warrant Shares to be admitted to the
official list and to trading on the London Stock Exchange with effect from
8.00 a.m. on 6 June 2022 ("Admission").

 

Following Admission, the Company's issued share capital will consist of
306,551,057 Ordinary Shares with voting rights. Mila does not hold any
Ordinary Shares in treasury. This figure of 306,551,057 may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they require to notify their interest in, or a change
to their interest in, the share capital of the Company under the UK Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.

 

**ENDS**

 

For more information visit www.milaresources.com or contact:

 

 Mark Stephenson                 info@milaresources.com

 Mila Resources Plc

 Jonathan Evans                  +44 (0) 20 3463 5000

 Tavira Securities

 Nick Emerson                    +44 (0) 20 7100 5100

 SI Capital

 Susie Geliher / Charlotte Page  +44 (0) 20 7236 1177

 St Brides Partners Limited

 

 

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