Expiry of Unlisted Options

Sovereign Metals Limited
16 May 2023
 

 

SOVEREIGN METALS LIMITED

 

NEWS RELEASE I 16 MAY 2023

 

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

Dylan Browne
Company Secretary

+61(8) 9322 6322

 

 

 

 

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