#SVML Sovereign Metals Ltd – Expiry of Unlisted Options

Sovereign Metals Limited (Sovereign or the Company) (ASX:SVM, AIM:SVML) advises that 11,105,125 unlisted options exercisable at A$0.80 each expired on 13 May 2023.

Following the expiry of unlisted options, Sovereign has the following securities on issue:

·    470,875,023 ordinary fully paid shares;

·   6,100,000 unlisted performance rights subject to the “Pre-Feasibility Study Announcement Milestone” expiring on 30 September 2023; and

·    8,260,000 unlisted performance rights subject to the “Feasibility Study Announcement Milestone” expiring on 31 October 2025.

Classification: 2.5 Total number of voting rights and capital.

ENQUIRIES