REG - Golden Metal Rsrcs. - Exercise of Warrants

Guardian Metal ResourcesAnnouncement

14/06/2024 17:00

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RNS Number : 5675S  Golden Metal Resources PLC  14 June 2024

14 June 2024

Golden Metal Resources plc ("Golden Metal" or the "Company")

Final Exercise of 17p Warrants

Golden Metal Resources plc (LON:GMET/OTCQB:GMTLF), a strategic mineral
exploration and development company focused on Nevada, US, announces an
exercise of warrants.

Warrant Exercise

The Company has received notices to exercise warrants over a total of 805,052
new ordinary shares of 1 pence each in the Company ("Warrant Shares") at an
exercise price of 17p per Warrant Share, raising £136,858.86 for the Company.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 805,052 Warrant Shares to be admitted to
trading on AIM which is expected to occur on or around 20 June 2024
("Admission"). The Warrant Shares will rank pari passu in all respects with
the ordinary shares of the Company currently traded on AIM.

Following Admission, the Company's issued share capital will comprise
109,832,217 ordinary shares of 1p each. This number will represent the total
voting rights in the Company and may be used by shareholders as the
denominator for the calculation by which they can determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the Financial Conduct Authority's Disclosure and Transparency
Rules.

 

 Golden Metal Resources plc                   Tel: +44 (0) 20 7583 8304

 Oliver Friesen (CEO)
 Cairn Financial Advisers LLP                 Tel: +44 20 7213 0880

 Nominated Adviser

 Sandy Jamieson/Jo Turner/Louise O'Driscoll
 Shard Capital Partners LLP                   Tel: +44 (0) 20 7186 9000

 Lead Broker

 Damon Heath/Erik Woolgar
 First Equity Limited                         Tel: +44 20 7374 2212

 Broker

 Jonathan Brown/Jason Robertson

Tel: +44 (0) 20 7186 9000

First Equity Limited

Broker

Jonathan Brown/Jason Robertson

Tel: +44 20 7374 2212

 

 

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