GreenX Metals Limited Issue of Shares (7394G)

TIDMGRX

RNS Number : 7394G

GreenX Metals Limited

21 July 2023

GREENX METALS LIMITED

NEWS RELEASE | 21 July 2023

ISSUE OF SHARES

GreenX Metals Limited (GreenX or Company) advises that following the announcement made on 13 July 2023, the Company has completed the placing and issued 5,204,500 ordinary fully paid shares (Shares).

An application will be made for admission of the Shares to the standard listing segment of the Official List of the Financial Conduct Authority's (FCA) (Official List) and to trading on the main market of the London Stock Exchange for listed securities (LSE Admission). LSE Admission is expected to take place on or about 14 August 2023.

For the purposes of the FCAs Disclosure Guidance and Transparency Rules (DTRs), following LSE Admission, the Company's issued ordinary share capital will be 272,878,939 ordinary shares. The above figure of 272,878,939 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following LSE Admission.

Following the issue of Shares, GreenX has the following securities on issue:

   --      272,878,939 ordinary fully paid shares; 
   --      5,375,000 unlisted options exercisable at A$0.45 each on or before 30 November 2025; 
   --      5,525,000 unlisted options exercisable at A$0.55 each on or before 30 November 2026; 
   --      5,000,000 Class A performance rights that have an expiry date 8 October 2026; 
   --      6,000,000 Class B performance rights that have an expiry date 8 October 2026; and 

-- A convertible loan note with a principal amount of A$2,627,430, convertible into 5,711,805 ordinary shares at a conversion price of A$0.46 per share with no expiry date.

Enquiries:

 
 GreenX Metals Limited                     Tel: [phone] 
 Dylan Browne, Company Secretary   Email: [e-mail] 
 

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 [e-mail] or visit 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.

END

IOENKDBKKBKKPOB

(END) Dow Jones Newswires

July 21, 2023 02:00 ET (06:00 GMT)