First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK metals exploration company seeking large scale metal discoveries across its extensive Canadian Schreiber-Hemlo & Sunbeam land holding is pleased to announce that, subject to specific warrant holder approval, it has approved a twelve month extension of the outstanding ‘Existing Shareholder Warrants’ and the ‘First Warrants’, which were issued at the point of the Initial Public Offering ‘IPO’ on the 28th July 2022, by way of amendment to the instruments pursuant to which those warrants were constitued.
Type Of Warrant |
Number Outstanding |
Proposed Expiry |
10p ‘Existing Shareholder Warrants’ |
6,054,991 |
28th July 2024 |
12.5p ‘First Warrants’ |
6,195,785 |
28th July 2024 |
The proposed extension to the Existing Warrants is subject to approval in writing by holders of at least two-thirds of the Existing Warrants now outstanding.
The proposed extension to the First Warrants is subject to approval by the holders of First Warrants at a meeting to be held on the 4th August 2023 at 10.00am.
For further information, please contact:
James Knowles, Executive Chairman |
07488 362641 |
|
Marc J Sale, CEO |
07711 093532 |
|
Ayub Bodi, Executive Director |
07860 598086 |
First Equity Limited
(Financial Adviser & Broker)
Jonathan Brown |
0207 3742212 |
|
Jason Robertson |
0207 3742212 |