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Exercise of Warrants and Issue of Equity

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RNS Number : 5037P
Europa Metals Ltd
10 October 2019
 

10 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 66,666,667 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 £16,667.

 

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 16 October 2019.

 

Following Admission, the total issued ordinary share capital of the Company will comprise 16,555,542,985 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.
 
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Quick facts: Europa Metals Ltd

Price: 0.0275

Market: AIM
Market Cap: £4.6 m
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