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6 Jun 2024 07:00
6 June 2024
Lexington Gold Ltd
("Lexington Gold" or the "Company")
Trading facility for unlisted Warrants on JP Jenkins
Lexington Gold (AIM: LEX), the gold exploration and development company with projects in South Africa and the USA, is pleased to announce that the Company's existing unlisted 10 pence warrants expiring on 20 July 2026 (the "2026 Warrants"), full details of which were announced on 10 July 2023, are to be admitted to trading on JP Jenkins' securities matching platform with effect from 6 June 2024.
JP Jenkins provides a securities matching venue for unlisted or unquoted assets in companies, thereby enabling, inter alia, warrantholders to buy and sell their warrants on a matched bargain basis. JP Jenkins is a trading name of InfinitX Limited which is an Appointed Representative of Prosper Capital LLP (FRN453007).
Holders of the 2026 Warrants who wish to trade their securities can do so and place limits via their stockbroker with trades conducted at a level that JP Jenkins is able to match a willing seller and a willing buyer during normal business hours.
Indicative pricing for the 2026 Warrants (ISIN: BMG5479L1155), as well as a transaction history, will be made available on JP Jenkins' website at: https://jpjenkins.com/company/lexington-gold-ltd/.
Ed Nealon, Lexington Gold's Non-Executive Chairman, commented:
"We are delighted to announce that the warrants issued as part of our July 2023 fundraise will now be capable of being traded on JP Jenkins' platform. This facility provides our warrantholders with an efficient and accessible venue to potentially trade their securities. The JP Jenkins platform provides transparency and convenience such that our warrantholders can trade with confidence."
Veronika Oswald, Commercial Director of JP Jenkins, commented:
"We are delighted to welcome Lexington Gold to our growing list of companies that are able to trade their instruments via our venue. We are looking forward to supporting Lexington Gold in their journey of providing a liquidity solution to their warrant holders."
Details of the 2026 Warrants on JP Jenkins' platform will be as follows:
TICKER: | LEXW |
Class: | Warrants |
No. of Warrants in issue: | 50,663,639 warrants |
Warrant exercise price: | 10 pence |
Warrant expiry date: | 20 July 2026 |
Currency: | GBX |
ISIN: | BMG5479L1155 |
JP Jenkins' contact details are:
Tel: + 44 (0)20 7469 0937
Email: info@jpjenkins.com.
For further information, please contact:
Lexington Gold Ltd Bernard Olivier (Chief Executive Officer) Edward Nealon (Chairman) Mike Allardice (Group Company Secretary)
| www.lexingtongold.co.uk via Yellow Jersey |
Strand Hanson Limited (Nominated Adviser) Matthew Chandler / James Bellman / Abigail Wennington
| www.strandhanson.co.uk T: +44 207 409 3494 |
WH Ireland Limited (Joint Broker) | www.whirelandplc.com |
Katy Mitchell
| T: +44 207 220 1666
|
Peterhouse Capital Limited (Joint Broker) Duncan Vasey / Lucy Williams (Broking) Eran Zucker (Corporate Finance)
| www.peterhousecap.com T: +44 207 469 0930 |
Yellow Jersey PR Limited (Financial Public Relations) Charles Goodwin / Annabelle Wills | www.yellowjerseypr.com T: +44 7747 788 221 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
Note to Editors:
Lexington Gold (AIM: LEX) is a gold exploration and development company currently holding interests in four diverse gold projects, covering a combined area of approximately 1,675 acres in North and South Carolina, USA and in five gold projects covering approximately 89,505 hectares in South Africa.
Further information is available on the Company's website: www.lexingtongold.co.uk or follow us through our social media channel:
X(formerly known as Twitter): @LexGoldLtd
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
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