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Exercise of Warrants

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RNS Number : 8645E
Pathfinder Minerals Plc
09 July 2019
 

9 July 2019

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

 

Exercise of Warrants

&

Total Voting Rights

 

Pathfinder announces that it has received notice of the exercise of warrants to subscribe for a total of 309,491 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares").  These warrants were issued as part of the Company's fundraising announced in May 2018 and the exercise price of these warrants was 1.5p per warrant.  Accordingly, the Company has received proceeds of approximately £4,642 in respect of the warrant exercise.

Application will be made for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 16 July 2019.

Total Voting Rights

Upon Admission, the Company's issued share capital will consist of 318,676,430 Ordinary Shares with one voting right each.  The Company does not hold any Ordinary Shares in treasury.  Therefore, the total number of Ordinary Shares and voting rights in the Company will be 318,676,430.  With effect from Admission, this figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:     

                                                                                                  

Pathfinder Minerals Plc

John Taylor, Chief Executive Officer

Tel. +44 (0)20 3440 7775

 

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Jack Botros

Tel. +44 (0)20 7409 3494

 

Vigo Communications (Public Relations)

Ben Simons / Simon Woods

Tel. +44 (0)20 7390 0234

Email. [email protected]

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

 

 

 


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: Pathfinder Minerals

Price: 1.175

Market: AIM
Market Cap: £3.74 m
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