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Kavango Resources Plc #KAV – Completion of £1.4million Financing
Kavango Resources plc (LSE:KAV), the Southern Africa focussed exploration company, is pleased to announce that following the approval of all of the AGM resolutions by shareholders on 8 June 2023, it has completed Stage 1 of the two-stage equity investment (the “Stage 1 Subscription”) (>>> announced 09 May 2023) to raise £1,400,000 by the issue of 140,000,000 New Ordinary Shares in the capital of the Company (“New Ordinary Shares”) at a price per share of 1 penny.
Use of funds
Funds from the Stage 1 Subscription will contribute to the Company’s general working capital, will further fund proposed exploration work and provide finance for possible acquisitions.
Admission
Application will be made for the New Ordinary 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 New Ordinary Shares will commence at 8.00 a.m. on 28 June 2023.
Total Voting Rights
Following Admission, the total issued share capital of the Company will consist of 845,569,314. Therefore, the total number of voting rights in the Company is 845,569,314 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.
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
Ben Turney
bturney@kavangoresources.com
+46 7697 406 06
First Equity (Broker)
+44 207 374 2212
Jason Robertson
Technology Minerals #TM1 – Conversion Notice and Total Voting Rights
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that it has received a Conversion Notice from Macquarie Bank Limited (“MBL”) for £70,000 of Convertible Bonds. This is the second conversion of the first £500,000 tranche drawn from the £4.0 million convertible bond facility (the “Facility”) announced on 9 December 2022.
Following the conversion, £400,000 remains outstanding for conversion under the first tranche of £500,000 of the convertible bond facility with MBL.
Technology Minerals will issue 5,465,376 ordinary shares of £0.001 per share (“Ordinary Shares”) at a conversion price of 1.280790p per Ordinary Share.
Admission and Total Voting Rights
Application will be made for the 5,465,376 new ordinary shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, to be admitted to the Standard List segment of Official List and to trading on the main market of the London Stock Exchange plc, which is expected to occur on or around 8.00 a.m. on 2 February 2023 (“Admission”). Upon Admission, the total number of issued shares and the total number of voting rights in the Company will be 1,312,337,434.
The above figure of 1,312,337,434 should 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 Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Enquiries
Technology Minerals Plc |
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Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
+44 (0) 20 4582 3500 |
Oberon Investments Limited |
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Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
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Arden Partners Plc |
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Tim Dainton, Louisa Waddell |
+44 (0)207 614 5900 |
Gracechurch Group |
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Harry Chathli, Alexis Gore, W illiam Dobinson |
+44 (0) 20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Ananda Developments #ANA – Total Voting Rights Announcement
TOTAL VOTING RIGHTS
In accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, Ananda announces that the Company has 794,665,248 Ordinary Shares in issue, each share carrying the right to one vote.
This figure of 794,665,248 Ordinary Shares 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 and Transparency Rules.
Tertiary Minerals (TYM) – Total Voting Rights
Tertiary Minerals plc (TYM), the AIM traded company building a strategic position in the fluorspar sector announces that in accordance with Financial Conduct Authority’s Disclosure and Transparency Rules, the total issued share capital of the Company with voting rights is 216,845,276 ordinary shares.
The above figure of 216,845,276 ordinary shares 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 under the DTR.
Enquiries
Tertiary Minerals plc Patrick Cheetham, Executive Chairman Richard Clemmey, Managing Director
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+44 (0)1625 838 679 |
SP Angel Corporate Finance LLP Nominated Adviser & Joint Broker Ewan Leggat / Tercel Moore
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+44 (0) 20 3470 0470 |
Beaufort Securities Ltd Joint Broker Elliot Hance
Brand Communications Alan Green |