REG - Lexington Gold Ltd - JP Jenkins Warrant Trading facility

Lexington GoldAnnouncement

06/06/2024 07:00

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RNS Number : 2863R  Lexington Gold Limited  06 June 2024

6 June 2024

Lexington Gold Ltd

("Lexington Gold" or the "Company")

Trading facility for unlisted Warrants on JP Jenkins

 

Lexington Gold (AIM: LEX), the gold exploration and development company with
projects in South Africa and the USA, is pleased to announce that the
Company's existing unlisted 10 pence warrants expiring on 20 July 2026 (the
"2026 Warrants"), full details of which were announced on 10 July 2023, are to
be admitted to trading on JP Jenkins' securities matching platform with effect
from 6 June 2024.

 

JP Jenkins provides a securities matching venue for unlisted or unquoted
assets in companies, thereby enabling, inter alia, warrantholders to buy and
sell their warrants on a matched bargain basis. JP Jenkins is a trading name
of InfinitX Limited which is an Appointed Representative of Prosper Capital
LLP (FRN453007).

 

Holders of the 2026 Warrants who wish to trade their securities can do so and
place limits via their stockbroker with trades conducted at a level that JP
Jenkins is able to match a willing seller and a willing buyer during normal
business hours.

 

Indicative pricing for the 2026 Warrants (ISIN: BMG5479L1155), as well as a
transaction history, will be made available on JP Jenkins' website at:
https://jpjenkins.com/company/lexington-gold-ltd/.

 

 

Ed Nealon, Lexington Gold's Non-Executive Chairman, commented:

"We are delighted to announce that the warrants issued as part of our July
2023 fundraise will now be capable of being traded on JP Jenkins' platform.
This facility provides our warrantholders with an efficient and accessible
venue to potentially trade their securities. The JP Jenkins platform provides
transparency and convenience such that our warrantholders can trade with
confidence."

 

Veronika Oswald, Commercial Director of JP Jenkins, commented:

"We are delighted to welcome Lexington Gold to our growing list of companies
that are able to trade their instruments via our venue. We are looking forward
to supporting Lexington Gold in their journey of providing a liquidity
solution to their warrant holders."

 

 

Details of the 2026 Warrants on JP Jenkins' platform will be as follows:

 

 TICKER:                    LEXW
 Class:                     Warrants
 No. of Warrants in issue:  50,663,639 warrants
 Warrant exercise price:    10 pence
 Warrant expiry date:       20 July 2026
 Currency:                  GBX
 ISIN:                      BMG5479L1155

 

JP Jenkins' contact details are:

Tel: + 44 (0)20 7469 0937

Email: info@jpjenkins.com.

 

For further information, please contact:

 

 Lexington Gold Ltd                                      www.lexingtongold.co.uk (http://www.lexingtongold.co.uk)

 Bernard Olivier (Chief Executive Officer)               via Yellow Jersey

 Edward Nealon (Chairman)

 Mike Allardice (Group Company Secretary)

 Strand Hanson Limited (Nominated Adviser)               www.strandhanson.co.uk (http://www.strandhanson.co.uk)

 Matthew Chandler / James Bellman / Abigail Wennington   T: +44 207 409 3494

 WH Ireland Limited (Joint Broker)                       www.whirelandplc.com (http://www.whirelandplc.com)
 Katy Mitchell                                           T: +44 207 220 1666

 Peterhouse Capital Limited (Joint Broker)               www.peterhousecap.com (https://peterhousecap.com/)

 Duncan Vasey / Lucy Williams (Broking)                  T: +44 207 469 0930

 Eran Zucker (Corporate Finance)

 Yellow Jersey PR Limited (Financial Public Relations)   www.yellowjerseypr.com (http://www.yellowjerseypr.com)

 Charles Goodwin / Annabelle Wills                       T: +44 7747 788 221

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.

 

Note to Editors:

 

Lexington Gold (AIM: LEX) is a gold exploration and development company
currently holding interests in four diverse gold projects, covering a combined
area of approximately 1,675 acres in North and South Carolina, USA and in five
gold projects covering approximately 89,505 hectares in South Africa.

 

Further information is available on the Company's
website: www.lexingtongold.co.uk (http://www.lexingtongold.co.uk) or follow
us through our social media channel:

X(formerly known as Twitter): @LexGoldLtd

 

Neither the contents of the Company's website nor the contents of any website
accessible from hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of, this announcement.

 

 

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