Exercise of Warrants

Golden Metal Resources PLC

14 June 2024

 

14 June 2024

Golden Metal Resources plc ("Golden Metal" or the "Company")

Final Exercise of 17p Warrants

Golden Metal Resources plc (LON:GMET/OTCQB:GMTLF), a strategic mineral exploration and development company focused on Nevada, US, announces an exercise of warrants.

Warrant Exercise

The Company has received notices to exercise warrants over a total of 805,052 new ordinary shares of 1 pence each in the Company ("Warrant Shares") at an exercise price of 17p per Warrant Share, raising £136,858.86 for the Company.

ADMISSION AND TOTAL VOTING RIGHTS

Application will be made for the 805,052 Warrant Shares to be admitted to trading on AIM which is expected to occur on or around 20 June 2024 ("Admission"). The Warrant Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

Following Admission, the Company's issued share capital will comprise 109,832,217 ordinary shares of 1p each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Golden Metal Resources plc Oliver Friesen (CEO)	Tel: [phone]
Cairn Financial Advisers LLP Nominated Adviser Sandy Jamieson/Jo Turner/Louise O'Driscoll	Tel: [phone]
Shard Capital Partners LLP Lead Broker Damon Heath/Erik Woolgar	Tel: [phone]
First Equity Limited Broker Jonathan Brown/Jason Robertson	Tel: [phone]

 

END