Landore Resources Limited Exercise of Warrants and Issue of Equity (4752P)
February 17 2021 - 9:12AM
UK Regulatory
TIDMLND
RNS Number : 4752P
Landore Resources Limited
17 February 2021
17 February 2021
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 155,435
Ordinary Shares (the "Warrant Shares"), for which funds of
GBP31,087.00 have been received by the Company.
Application will be made for the admission of the Warrant Shares
to trading on AIM ("Admission"). The Warrant Shares will rank pari
passu with the existing Ordinary Shares and it is expected that
Admission will become effective at 8.00 a.m. on 23 February
2021.
Following Admission of the Warrant Shares, and the New Ordinary
Shares issued pursuant to the Fundraising announced on 16 February
2021 (scheduled for Admission on 22 February 2021), the Company's
issued share capital will consist of 104,661,146 Ordinary Shares
with voting rights. Landore Resources does not hold any Ordinary
Shares in treasury. This figure of 104,661,146 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
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END
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