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KOD Kodal Minerals Plc

0.45
-0.005 (-1.10%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kodal Minerals Plc LSE:KOD London Ordinary Share GB00BH3X7Y70 ORD 0.03125P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -1.10% 0.45 0.45 0.47 0.47 0.455 0.455 57,796,895 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -1.46M -0.0001 -46.00 93.11M

Kodal Minerals PLC Exercise of warrants and change to TVR (0241Z)

18/05/2021 12:51pm

UK Regulatory


Kodal Minerals (LSE:KOD)
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TIDMKOD

RNS Number : 0241Z

Kodal Minerals PLC

18 May 2021

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

Kodal Minerals plc

('Kodal Minerals', 'Kodal' or the 'Company')

Exercise of warrants and change to total voting rights

Kodal Minerals, the mineral exploration and development company focused on the Bougouni Lithium Project and its gold assets in West Africa, announces that is has received notices of exercise for warrants ("Warrants") to subscribe for a total of 80,355,664 new ordinary shares of 0.03125 pence each with one voting right per share ("New Ordinary Shares").

48,790,008 Warrants were issued in July 2020 with an exercise price of 0.061 pence per share and 31,565,656 Warrants were issued in October 2020 with an exercise price of 0.09 pence per share. The Warrants were issued pursuant to the loan agreement that was announced on 15 July 2020.

Application has been made for the 80,355,664 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 21 May 2021.

Upon Admission, the issued share capital of the Company will consist of ordinary Shares of 0.01325p each. The Company holds no shares in treasury. The total number of voting rights in the Company from Admission will therefore be 15,812,719,175 . This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the Company under the Disclosure Guidance and Transparency Rules of the UK Financial Conduct Authority.

For further information, please visit www.kodalminerals.com or contact the following:

 
 Kodal Minerals plc                   Tel: +61 418 943 345 
  Bernard Aylward, CEO 
 Allenby Capital Limited, Nominated     Tel: 020 3328 5656 
  Adviser 
  Jeremy Porter/Nick Harriss/Liz 
  Kirchner 
 SP Angel Corporate Finance LLP,        Tel: 020 3470 0470 
  Financial Adviser & Broker 
  John Mackay, Adam Cowl 
 St Brides Partners Ltd, Financial      Tel: 020 7236 1177 
  PR 
  Susie Geliher/Cosima Akerman 
 

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 rns@lseg.com 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

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(END) Dow Jones Newswires

May 18, 2021 07:51 ET (11:51 GMT)

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