Karelian Diamond Resources Plc Exercise of Warrants

 
TIDMKDR 
 
[Description: Description: Karelian] 
 
Karelian Diamond Resources plc 
 
("Karelian Diamonds" or "the Company") 
 
11 October 2023 
 
Exercise of Warrants 
 
Karelian Diamond Resources plc (AIM: KDR) announces that it has received warrant 
exercise notices to subscribe for a total of 600,000 new ordinary shares of 
?0.00025 each in the Company ("Ordinary Shares") at an exercise price of 2 pence 
per Ordinary Share. 
 
Application will be made for the 600,000 new Ordinary Shares to be admitted to 
trading on AIM ("Admission"). Admission is expected to become effective and 
dealings in the new Ordinary Shares will commence at 8.00 a.m. on 16 October 
2023. 
 
Following Admission, the Company will have 95,092,749 Ordinary Shares in issue 
with voting rights. The Company does not currently hold any shares in treasury. 
Accordingly, this figure of 95,092,749 Ordinary Shares may be used by 
shareholders in the Company as the denominator for the calculations by which 
they will determine if they are required to notify their interest in, or a 
change in their interest in, the share capital of the Company under the FCA's 
Disclosure and Transparency Rules. 
 
Further Information: 
 
Karelian Diamond Resources plc      [phone] 
 
Professor Richard Conroy, Chairman 
Allenby Capital Limited (Nomad)     [phone] 
 
Nick Athanas / Nick Harriss 
First Equity Limited (Broker)       [phone] 
 
Jason Robertson 
Lothbury Financial Services         [phone] 
 
Michael Padley 
Hall Communications                 [phone] 
 
Don Hall 
 
http://www.kareliandiamondresources.com 
 
 
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(END) Dow Jones Newswires

October 11, 2023 02:00 ET (06:00 GMT)