Member Info for Magic-orb

From 11th March RNS

Summary

The key activity streams have been proceeding as anticipated (see announcement 4 February 2025) and are now considered to comprise procedural formalities given the decisions which have already been taken.

Credit committee approvals have now been granted by both banks with typical applicable conditions for signing and disbursement.

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That was the condition set for bonus together with the share price. Harry is smiling all the way to the bank.

Well the SP has closed 5 consecutive days above 1.5p and the banks gave credit approvals. So Harry's got his bouns, job done.

Exercise of Warrants

The Company has received notices from warrant holders to exercise warrants over a total of 96,399,279 ordinary shares of £0.001 each in the Company (“Ordinary Shares”). Accordingly, the Company will issue 96,399,279 new Ordinary Shares to warrant holders. Of these, 62,153,126 Ordinary Shares will be issued to a single warrant holder and 34,246,153 Ordinary Shares to another, pursuant to the exercise of their warrants.

Admission and Total Voting Rights

Application will be made for the 96,399,279 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the London Stock Exchange Main Market (“Admission”). Dealings are expected to commence on or around 23 October 2025.

Following Admission, the Company’s total issued and voting share capital will consist of 2,381,792,946 Ordinary Shares.

So much for October start! Have any locals been moved yet?

Its a huge 4km x 2km target with potential of 4 ounces minus. I post that just for balance. In reality no one knows.

But that's a different stock

Posted on ADVFN just now.

oilisgold17 Oct '25 - 16:30 - 31242 of 31252

0 0

The fish and chips is quite expensive. Highlight of my week , afternoon with old retired buddies.

So you all remember what happened last Friday, Mug punters sold and then on Monday we did 27%. From what i heard from a friend of a friend.

The final syndicate member signiture was suppose to happen by 10am Today, a bit slow these lot are. But KEFI lawyers have been assured its all going to happen by Saturday or latest Monday. I reckon the RNS will land next Tuesday/Wednesday or if nomad gets is all approved over the weekend, its a 7AM BLOCKBUSTER.

Enjoy your weekend all and i am sorry those that sold will miss out 100% rise Monday if the RNS lands.

I BE HONEST I AM COUNTING DOWN TO 7AM MONDAY. JUST 1 ELECTRONIC SIGNITURE...JUST 1

ITS 4.30PM NOW, SO MARKETS CLOSE. THISE THAT ARE IN GOOD LUCK. THISE THAT ARE OUT , TRY TO GET IN AT ANY PRICE AND DO A QUIVK TRADE

I think that could be the holdup Usersteve

Be interesting what oilsghold says on advfn after 5pm today, he was spot on last week. You know the one you lot got banned on here.

Ethiopia debt restructuring hits impasse, bond holders eye legal action

Https://www.reuters.com/world/africa/ethiopias-debt-restructuring-hits-impasse-bondholders-eye-legal-action-2025-10-14/

DVH

STI Bonus 1: This bonus is awarded upon the granting of credit approvals by the lenders to the Tulu Kapi Gold Project. Additionally, STI Bonus 1 will only be paid when the closing mid-price of the Company's shares is above 1.5p for five consecutive trading days¹.

Were the credit approvals not given earlier this year?

Any money come in yet? Not yet 🫤

If Harry keeps the price above 1.50p for another day he gets £400k, and so does another director. (remember the banks have approved the financing so it qualifies), I assume they need to placing to pay for these bonuses.

Should be an interesting last hour, looking for clues

At this rate they will do another consolidation to maintain penny status.

Https://x.com/benonwine/status/1978738553988296763

I've said before will this new AI software be used on us or those who wish to do us harm,

If WSBN still haven't got their assays back and they're about 6 weeks ahead of GEO then It's safe to say, I expect nothing more on the JUNO news front until December. Hoping all these hints about the Namibian plays will yield something sooner. But as with all these poxy AIM plays with billions in issue, you're always just a day away from another massive discounted placing.

Despite all the buying the bid is back to square 1.

Wht planet are you on lladyboy, surely then they could've got a much better price then they did today at 33% discount to yesterdays closing price.

After the retail offer, just 10 billion or so shares to churn through !

After all the work they've just said they'll do, then they need more money.