Business
Exercise of Warrants & Issue of Equity
Exercise of Warrants & Issue of Equity.
About this update from Empire Metals Limited
[{"type":"text","content":"\n\nEmpire Metals Limited / LON: EEE / Sector: Natural Resources\n \n29 November 2023\nEmpire Metals Limited\n(\"Empire\" or the \"Company\")\n \nExercise of Warrants & Issue of Equity\n \nEmpire Metals Limited (LON: EEE), the AIM-quoted resource exploration and development company, announces that it has received notification from a warrant holder to exercise warrants over 1,876,553 new ordinary shares of no par value in the share capital of the Company (the 'New Ordinary Shares') at a price of 1.3 pence per share. Accordingly, the Company has today issued the New Ordinary Shares to the warrant holders for an aggregate cash value of £24,395.\n \nApplication for Admission\nApplication will be made to the London Stock Exchange for the new shares to be admitted to trading on AIM ('Admission'). It is expected that Admission will become effective on or around 5 December 2023. \nFollowing Admission of the new shares as described above, the issued share capital of the Company will consist of 569,240,921 ordinary shares of no-par value. 569,240,921 represents the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.\n**ENDS**\n \nFor further information please visit www.empiremetals.co.uk or contact:\n\n\n\n\nEmpire Metals Ltd\nShaun Bunn / Greg Kuenzel\n\n\nTel: 020 4583 1440\n\n\n\n\nS. P. Angel Corporate Finance LLP (Nomad & Broker)\nEwan Leggat / Adam Cowl\n\n\nTel: 020 3470 0470\n\n\n\n\nShard Capital Partners LLP (Joint Broker)\nDamon Heath\n\n\nTel: 020 7186 9950\n\n\n\n\nSt Brides Partners Ltd (Financial PR) \nSusie Geliher / Ana Ribeiro / Max Bennett\n\n\nTel: 020 7236 1177\n\n\n\n\n \nAbout Empire Metals Limited\nEmpire Metals is an AIM-listed (LON: EEE) exploration and resource development company with a project portfolio comprising copper, titanium and gold interests in Aust...