Capital Metals PLC Exercise of Warrants (7188Z)
15 Janeiro 2024 - 8:42AM
UK Regulatory
TIDMCMET
RNS Number : 7188Z
Capital Metals PLC
15 January 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL)
ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO
BE IN THE PUBLIC DOMAIN.
15 January 2024
Capital Metals plc
("Capital Metals" or the "Company")
Exercise of Warrants
Capital Metals (AIM: CMET), a mineral sands company approaching
mine development stage at the high-grade Eastern Minerals Project
in Sri Lanka (the "Project"), announces that it has issued 875,000
ordinary shares pursuant to the exercise of 1p warrants which were
issued in connection with the placing announced on 20 June
2023.
Application will be made to the London Stock Exchange for
admission of the 875,000 shares (the "Shares") to trading on AIM
("Admission"). It is expected that Admission will become effective
and dealings in the Shares will commence at 8.00 a.m. on or around
19 January 2024. The Shares will be issued fully paid and will rank
pari passu in all respects with the Company's existing ordinary
shares.
Following Admission, the total number of ordinary shares in the
capital of the Company in issue will be 310,306,209 with voting
rights. This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the Company's share capital pursuant to (i) the Company's
Articles, (ii) the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules and/or (iii) the AIM Rules for
Companies issued by the London Stock Exchange plc as amended from
time to time.
For further information, please visit www.capitalmetals.com or
contact:
Capital Metals plc Via Vigo Consulting
Greg Martyr (Executive Chairman)
Vigo Consulting (Investor Relations) +44 (0)20 7390 0234
Ben Simons / Peter Jacob capitalmetals@vigoconsulting.com
SPARK Advisory Partners (Nominated
Adviser)
Neil Baldwin / James Keeshan +44 (0)20 3368 3554
Tavira Financial
Jonathan Evans / Oliver Stansfield +44 (0)20 7100 5100
About Capital Metals
Capital Metals plc is a British company listed on the AIM
segment of the London Stock Exchange and one of only a few foreign
investors in Sri Lanka's mining industry. Following exploration and
development activities including detailed environmental assessments
between 2017 and 2022, the Company's Sri Lankan subsidiary, Damsila
Exports (Pvt) Limited, was issued an initial two licences in August
2022 to mine heavy mineral sands in the Eastern Province,
containing industrial minerals including ilmenite, rutile, zircon,
and garnet.
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END
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January 15, 2024 06:42 ET (11:42 GMT)
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