DILUTION COMING MON AUG 4TH1 Aug 2025 10:07
From Met 1
Warrant Exercise
The Company announces it has received notice of the exercise of Cash Warrants, issued pursuant to the Equity Fundraise announced on 31 January 2025, over a total of 31,600,000 Shares at 2 pence per Share ("Cash Warrant Shares"). Metals One has also received notice of the exercise of Prepaid Warrants, issued pursuant to the Equity Fundraise announced on 31 January 2025, over a total of 50,000 Shares ("Prepaid Warrant Shares"). There are now no further Prepaid Warrants outstanding.
Admission and Total Voting Rights
Application will be made for the admission of 35,523,959 new Shares comprising the Consideration Shares, the Cash Warrant Shares and the Prepaid Warrant Shares to trading on AIM ("Admission"). The new Shares will rank pari passu with the existing Shares and it is expected that Admission will become effective at 8.00 a.m. on 4 August 2025.