Tectonic Gold logo

TTAU - Tectonic Gold News Story

1.33p 0.0  0.0%

Last Trade - 03/03/21

Basic Materials
Micro Cap
Market Cap £9.07m
Enterprise Value £9.24m
Revenue £219k
Position in Universe 1602nd / 1807

Tectonic Gold Plc: Exercise of warrants and issue of equity

Thu 31st December, 2020 9:08am
31 December 2020


(“Tectonic Gold” or the “Company”)

Exercise of warrants and issue of equity

Tectonic Gold plc (TDIM: TTAU) announces that the Company has made an
application to the Aquis Stock Exchange for the admission to trading on the
Aquis Stock Exchange Growth Market (“Admission”) of 1,818,181 new ordinary
shares of £0.01 in the capital of the Company (“New Ordinary Shares”).

The New Ordinary Shares are issued pursuant to the exercise of warrants to
subscribe for new Ordinary Shares at a price of 0.7p per Ordinary Share,
generating proceeds of £12,727.27 for the Company.  The warrants were issued
as part of the subscription of new Ordinary Shares completed in September

The New Ordinary Shares will rank pari passu in all respects with the
Company’s existing ordinary shares and Admission is expected to become
effective on 5 January 2021.

Total Voting Rights

Following Admission of the 1,818,181 New Ordinary Shares on 5 January 2021,
the Company’s enlarged issued share capital will comprise of 845,853,648
ordinary shares, each with voting rights. This figure may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company, under the Disclosure and Transparency Rules.

For further information, please contact:

 Tectonic Gold plc Brett Boynton Sam Quinn www.tectonicgold.com @tectonic_gold                                                                  +61 2 9241 7665 
 Aquis Stock Exchange Corporate Adviser and Broker  VSA Capital Limited  Andrew Raca – Corporate Finance Andrew Monk – Corporate Broking       +44 20 3005 5004 


Copyright (c) 2020 PR Newswire Association,LLC. All Rights Reserved
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.