leadf
logo-loader
viewEuropa Metals Ltd

Europa Metals Ltd - Exercise of Warrants and Issue of Equity

RNS Number : 9072Q
Europa Metals Ltd
24 October 2019
 

24 October 2019

Europa Metals Ltd

("Europa Metals", the "Company" or the "Group")(AIM, AltX: EUZ)

               Exercise of Warrants and Issue of Equity

Europa Metals, the European focused lead, zinc and silver developer, announces that it has received notices of exercise in respect of certain pre-existing warrants to subscribe for 166,666,666 new ordinary shares at a price of 0.025p per share (the "Warrant Shares"). In aggregate, the exercise of these warrants amounts to a cash subscription of approximately £41,667.

 

Admission to trading

Application will be made to the London Stock Exchange for the admission of the Warrant Shares to trading on AIM ("Admission") and to the Johannesburg Stock Exchange for quotation on AltX. It is expected that admission will become effective and dealings commence on or around 29 October 2019.

 

Following Admission, the total issued ordinary share capital of the Company will comprise 16,722,209,651 ordinary shares.

 

For further information on the Company, please visit www.europametals.com or contact:

 

Europa Metals Ltd

Dan Smith, Non-Executive Director and Company Secretary (Australia)

T: +61 417 978 955

Laurence Read, Executive Director (UK)

T: +44 (0)20 3289 9923

 

Strand Hanson Limited (Nominated Adviser)

Rory Murphy/Matthew Chandler

T: +44 (0)20 7409 3494

 

Turner Pope Investments (TPI) Limited (Joint Broker)

Andy Thacker/Zoe Alexander  

T: +44 (0)20 3657 0050

 

Brandon Hill Capital (Joint Broker)

Jonathan Evans/Oliver Stansfield

T: +44 (0)20 3463 5000

 

Sasfin Capital Proprietary Limited (a member of the Sasfin group)

Sharon Owens
T (direct): +27 11 809 7762

 

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.

 


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 [email protected] or visit www.rns.com.
 
END
 
 
IOEFMMZGFFFGLZM

Quick facts: Europa Metals Ltd

Price: 11.25

Market: AIM
Market Cap: £5.53 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Europa Metals reveals 'excellent' metallurgical testing and ore sorting...

Europa Metals Ltd's (LON:EUZ) Laurence Read and Myles Campion speak to Proactive after announcing what they've described as excellent metallurgical testing and ore sorting results from its Toral project in Spain. An independent consultant tested the grade and recoveries from three distinct...

on 28/8/20

2 min read