REG - Nativo Resources Plc - Issue of Equity

Nativo ResourcesAnnouncement

17/04/2025 11:30

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RNS Number : 4925F  Nativo Resources Plc  17 April 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.

 

17 April 2025

Nativo Resources Plc

 

("Nativo" or the "Company")

 

Issue of Equity

Nativo Resources plc (LON:NTVO), which has interests in gold mines in Peru,
announces it has placed 9,909,862 new ordinary shares at a price of 0.7 pence
per share with investors ("Placing Shares"), raising gross proceeds of
approximately £70,000. Proceeds from the Placing Shares will be used for
working capital.

 

Application has been made to the London Stock Exchange for the Placing Shares
to be admitted to trading on AIM ("Admission") and it is expected that such
Admission will take place on or around 8.00 a.m. on 25 April 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 Placing Shares, its issued ordinary share capital will
comprise 88,568,630 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 88,568,630. 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

 Peterhouse 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 (mailto:nativo@vigoconsulting.com)

 Peter Jacob

Anna Sutton

 

About Nativo Resources plc

 

Nativo has interests in gold mining and exploration projects in Peru.

 

Through a 50:50 joint venture established in July 2024 with an experienced
local partner ("Boku"), Nativo secured an opportunity to scale operations at
the Tesoro Gold Concession, owning 50% of the production and resources.
Production and sales of ore to a local gold ore processing plant began in late
December 2024.

 

In March 2025, Nativo acquired directly a 100% interest in the Morrocota Gold
Mine, proximal to the Tesoro Gold Concession.

 

Longer-term, the Company plans to establish its own gold ore processing plant
to retain a higher margin from production at its mines.

 

In March 2025, Boku also secured an option agreement to evaluate the
opportunity to recover and sell gold and silver from the Toma La Mano tailings
dump in the Ancash region and redeposit the tailings in line with legislation.
The Company is investigating other similar regional tailings opportunities.

 

Follow us on social media:

 

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

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

 

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