Upland Resources Limited Admission of Shares

RNS Number : 8188O

Upland Resources Limited

17 May 2024

 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

 

This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan.  Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

 

17^th May 2024

 

UPLAND RESOURCES LIMITED

("Upland" or the "Company")

 

Admission of Ordinary Shares

 

Upland Resources Limited (LSE: UPL), is pleased to announce the admission of 96,927,000 ordinary shares with no par value to trading on the Standard Segment of the Official List and to trading on the Main Market of the London Stock Exchange following completion of the recently announced fundraise of £3,198,591.

The fundraise was over-subscribed. In particular, one key Malaysian strategic investor has increased their position.

Bolhassan Di, Upland Chairman and CEO commented:

"The level of interest in Upland from new institutional shareholders and from our existing strategic investors illustrates the anticipated value of the Company. This combined with the interest from potential Joint Venture partners gives me and the management team every confidence that our SK334 campaign will be well funded."

For further information, please contact:

 

Upland Resources Limited  Bolhassan Di Chairman and CEO Gerry Murray COO Albert May CCO	Tel: [phone]  [e-mail] [e-mail] [e-mail] www.upland.energy
Optiva Securities - Joint Broker  Vishal Balasingham	Tel:  [phone] [e-mail]  www.optivasecurities.com
OAK Securities - Joint Broker  Jerry Keen Henry Clarke Dillon Anadkat	Tel: [phone] [e-mail] [e-mail] [e-mail] www.oak-securities.com

 

 

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