Pathfinder Minerals Plc Issue of Warrants (1635E)

TIDMPFP

RNS Number : 1635E

Pathfinder Minerals Plc

04 November 2020

4 November 2020

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

Issue of Warrants

Pathfinder announces that it has issued warrants to a long standing corporate adviser to subscribe for 2,500,000 ordinary shares of 0.1p each in the capital of the Company in line with its contractual obligations. The warrants are exercisable for a period of up to 24 months at a price of 1.25p, a premium of approximately 150% to the closing mid-market share price on 3 November 2020.

Enquiries:

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. +44 [phone]

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Jack Botros

Tel. [phone]

Vigo Communications (Public Relations)

Ben Simons / Simon Woods

Tel. [phone]

Email. [e-mail]

Novum Securities Limited (Broker)

Colin Rowbury / Jon Belliss

Tel. [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

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

MSCDZMGMMFZGGZZ

(END) Dow Jones Newswires

November 04, 2020 02:00 ET (07:00 GMT)