REG - Sovereign Metals Ltd - Expiry of Unlisted Options

Sovereign MetalsAnnouncement

16/05/2023 07:00

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RNS Number : 5066Z  Sovereign Metals Limited  16 May 2023

 

SOVEREIGN METALS LIMITED

 

NEWS RELEASE I 16 MAY 2023

 

EXPIRY OF UNLISTED OPTIONS

Sovereign Metals Limited (Sovereign or the Company) (ASX:SVM, AIM:SVML)
advises that 11,105,125 unlisted options exercisable at A$0.80 each expired on
13 May 2023.

Following the expiry of unlisted options, Sovereign has the following
securities on issue:

·      470,875,023 ordinary fully paid shares;

·   6,100,000 unlisted performance rights subject to the "Pre-Feasibility
Study Announcement Milestone" expiring on 30 September 2023; and

·    8,260,000 unlisted performance rights subject to the "Feasibility
Study Announcement Milestone" expiring on 31 October 2025.

Classification: 2.5 Total number of voting rights and capital.

 

ENQUIRIES

 Dylan Browne

Company Secretary

 +61(8) 9322 6322

 

 Nominated Adviser on AIM
 RFC Ambrian
 Andrew Thomson            +61 8 9480 2500

 Joint Brokers
 Berenberg                 +44 20 3207 7800
 Matthew Armitt
 Jennifer Lee

 Optiva Securities         +44 20 3137 1902
 Daniel Ingram
 Mariela Jaho
 Christian Dennis

 

 

 

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