RE: The dawn of a bright new era for NEW PPP!27 Nov 2025 16:34
Resolutions for voting are out
a) 6 million Ordinary Shares to Jesse White;
b) up to 56,633,333 Ordinary Shares pursuant to historical arrangements announced to
shareholders on 28 March 2023 and 12 July 2023 and subsequent contributions by
shareholders of the Company, whereby the Company placed existing and to be
issued Ordinary Shares contributed by then existing shareholders, and a lender who
was due to be issued with Ordinary Shares in lieu of a debt owed to them;
c) up to 18,750,000 Ordinary Shares in respect of the convertible loan notes entered
into by the Company and RMD Group, being 6,250,000 Ordinary Shares to cover the
principal on the initial £250,000 tranche of convertible loan notes, and up to
12,500,000 Ordinary Shares if the convertible loan notes are extended by £500,000
to cover operating costs of the Company until institutional funding is received in
connection with the Lymnytski or other investment projects that are under
review/negotiation at this time;
d) up to 25,000,000 Ordinary Shares to provide headroom for the Company to raise
further working capital; and
e) 9,237,500 Ordinary Shares to be allotted in settlement of fees owed to directors