Business
SUBSCRIPTION BY CORNERSTONE INVESTORS
SUBSCRIPTION BY CORNERSTONE INVESTORS.
About this update from Upland Resources Ltd
[{"type":"text","content":"\n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT WOULD BE UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\n \n \n \n \n \n THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF CADENCE MINERALS PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n \n \n \n \n This announcement is not a prospectus and not an offer of shares for sale in any jurisdiction, including in or into Australia, Canada, Japan or the United States.\n \n \n The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.\n \n \n Neither this announcement, nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any shares referred to in this announcement\n \n .\n \n \n \n \n \n \n \n \n \n 20 February 2023\n \n \n \n \n \n \n \n \n \n \n \n \n UPLAND RESOURCES LIMITED\n \n \n \n \n \n \n \n \n \n (\"Upland\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n \n SUBSCRIPTION BY CORNERSTONE INVESTORS\n \n \n \n \n \n \n \n \n \n The Company is pleased to announce that it has obtained conditional commitments to subscribe for 208,333,333 shares in the Company at 0.60p per share (\"Subscription\") on the basis that the investors will receive a warrant to purchase one share for every two shares held at a price of 1.20p. These warrants would be exercisable for a period of 2 years from issue. The Subscription would raise gross cash proceeds of £1,250,000. The Company is...