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LND Landore Resources Limited

2.075
0.00 (0.00%)
19 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Landore Resources Limited LSE:LND London Ordinary Share GG00BMX4VR69 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.075 2.05 2.10 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -1.86M -0.0153 -1.35 2.53M

Landore Resources Limited Exercise of Warrants and Issue of Equity (4970E)

06/11/2020 7:29am

UK Regulatory


Landore Resources (LSE:LND)
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From Mar 2019 to Mar 2024

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TIDMLND

RNS Number : 4970E

Landore Resources Limited

06 November 2020

6 November 2020

Landore Resources Limited

("Landore Resources" or the "Company")

Exercise of Warrants and Issue of Equity

Landore Resources Limited (AIM:LND) announces that it has received a notice to exercise warrants over a total of 533,223 Ordinary Shares ("Ordinary Shares") at an exercise price of 20 pence per Ordinary Share (the "Warrant Shares"), for which funds of GBP106,644.60 have been received by the Company. The exercised warrants were issued as part of the fundraising announced on 29 June 2020.

Application will be made for the admission of the Warrant Shares to trading on AIM ("Admission"). The Consideration Shares will rank pari passu with the existing Ordinary Shares and it expected that Admission will become effective at 8.00 a.m. on 12 November 2020.

Following Admission, the Company's issued share capital will consist of 90,714,791 Ordinary Shares with voting rights. Landore Resources does not hold any Ordinary Shares in treasury. This figure of 90,714,791 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

-ENDS-

For more information, please contact:

 
 Landore Resources Limited 
 Bill Humphries, Chief Executive        Tel: 07734 681262 
  Officer 
 Glenn Featherby, Finance Director      Tel: 07730 420318 
 
 Cenkos Securities (Nominated Advisor 
  and Broker) 
 Derrick Lee / Peter Lynch              Tel: 0131 220 9100 
 

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

November 06, 2020 02:29 ET (07:29 GMT)

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