Exercise of Warrants
Kavango announces it has received notices to exercise warrants over 7,500,000 new ordinary shares of £0.001 each in the Company (the “Warrant Shares”).
The Warrant Shares are being issued pursuant to the exercise of warrants granted and announced on 15 April 2020. Subscription monies of £75,000 have been received by Kavango in respect of these exercises.
Admission and Total Voting Rights
Application will be made for the Warrant Shares to be admitted to the Standard List segment of the Official List and to trading on the main market of the London Stock Exchange plc (“Admission”). It is expected that Admission will become effective and that dealings in the Warrant Shares will commence at 8.00am on or around 26 January 2021.
Following Admission, the total issued share capital of the Company will consist of 302,791,264 Ordinary Shares. Therefore, the total number of voting rights in the Company is 302,791,264 and 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 in their interest, in the share capital of the Company.
Further information in respect of the Company and its business interests is provided on the Company’s website at www.kavangoresources.com and on Twitter at #KAV.
For further information please contact:
Kavango Resources plc
Michael Foster
First Equity (Joint Broker)
+44 207 374 2212
Jason Robertson
SI Capital Limited (Joint Broker)
+44 1483 413500
Nick Emerson
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#KAV @KavangoRes Warrant Exercise:
~ Warrants exercised over 7,500,000 new ordinary shares
~ £75,000 monies received
~ 302,791,264 shares now in issue
#nickel #copper #basemetals #mining #naturalresources
~ Warrants exercised over 7,500,000 new ordinary shares
~ £75,000 monies received
~ 302,791,264 shares now in issue