REG - Nativo Resources Plc - Issue of Equity for CLN Conversion & TVR

Nativo ResourcesAnnouncement

20/11/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251120:nRST2673Ia&default-theme=true

RNS Number : 2673I  Nativo Resources Plc  20 November 2025

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

20 November 2025

 

Nativo Resources Plc

 

("Nativo" or the "Company")

 

Issue of Equity for CLN Conversion

&

Total Voting Rights

Nativo Resources Plc (LON:NTVO), a gold-focused mining company with interests
in Peru, announces it has received a conversion notice in respect of a portion
of the convertible loan notes ("CLN") held by Spartan Fund Limited (SAC) (the
"CLN Holder") pursuant to the debt restructuring announced on 21 January 2025.
The details follow below:

 

 Principal amount of CLN prior to conversion:                                 £505,250
 Amount converted on 19/11/2025:                                              £100,000
 Ordinary shares to be issued to CLN Holder in respect of the portion of CLN  22,831,050
 converted:
 Price at which CLN converted:                                                £0.00438
 Principal amount of CLN remaining:                                           £405,250
 Maturity:                                                                    January 2028
 Coupon:                                                                      5% payable in cash, quarterly in arrears
 Conversion terms:                                                            CLN Holder may convert all or part of the principal at any time into Ordinary
                                                                              Shares at a 20% premium over the average share price of the 5 trading days
                                                                              prior to the date of conversion

 

Admission and Total Voting Rights

 

Application has been made to the London Stock Exchange for the 22,831,050 new
Ordinary shares to be admitted to trading on AIM ("Admission") and it is
expected that such Admission will take place at 8.00 a.m. on or around on 25
November 2025.

In accordance with the provision of the Disclosure Guidance and Transparency
Rules of the Financial Conduct Authority, the Company confirms that, following
the issue of the above new Ordinary shares, its issued Ordinary share capital
will comprise 565,077,381 Ordinary Shares. All the Ordinary Shares have equal
voting rights and none of the Ordinary Shares are held in Treasury. The total
number of voting rights in the Company will therefore be 565,077,381. The
above figure may be used by shareholders as the denominator for the
calculations to determine if they are required to notify their interests in,
or a change to their interest in, the Company.

 

For further information please contact:

 

  Nativo Resources                             Via Vigo Consulting

  Stephen Birrell, Chief Executive Officer     nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

  Zeus (Nominated Adviser and Joint Broker)    Tel: +44 (0)20 3829 5000

  James Joyce

  James Bavister

  AlbR Capital Limited (Joint Broker)          Tel: +44 (0)20 7469 0930

  Duncan Vasey

  Lucy Williams

 Rose Greensmith

  Vigo Consulting (Investor Relations)         Tel: +44 (0)20 7390 0234

  Ben Simons                                   nativo@vigoconsulting.com

  Peter Jacob

 Anna Sutton

 

About Nativo Resources Plc

 

Nativo has interests in gold projects in Peru. The Company's strategy is based
on three core activities: primary gold mining, gold ore processing, and the
recovery of gold from tailings. The Company has already acquired or optioned
several projects for development and has identified additional opportunities
for expansion. Nativo's nearest-term objective is to scale operations on the
Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo
intends to allocate portions of free cash flow from mining and processing
activities and future fundraises to Bitcoin purchases, and to hold Bitcoin as
a long-term treasury reserve asset.

 

Follow us on social media:

 

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
(https://uk.linkedin.com/company/nativoresources-plc)

X (Twitter): https://x.com/nativoresources (https://x.com/nativoresources)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEBLBTTMTTBTLA



            Copyright 2019 Regulatory News Service, all rights reserved