RE: 20p14 Aug 2025 08:49
Warrant Conversions
Metals One also 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 98,000,000 ordinary shares in the Company (the “Warrants”) at 2 pence per share (the “Warrant Shares”). Application will be made for the admission of the Warrant Shares to trading on AIM pursuant to the authorities approved by shareholders at the General Meeting on 25 March 2025.
The Consideration Shares and the Warrant Shares will rank pari passu with the existing ordinary shares and it is expected that admission of the Warrant Shares to trading on AIM (“Admission”) will become effective at 8.00 a.m. on 14 August 2025 with Admission of the Consideration Shares at 8.00 a.m. on 19 August 2025. For those who dont know !!