Business
Final Results for the Year ended 30 November ...
Serval Resources Plc has released its final results for the year ended 30 November 2025, reporting a net asset value of £910,899, down from £1,758,375 in the prior year, and a loss after tax of £847,476. The company also announced the issuance of 155,554 new ordinary shares at 22.5 pence each to settle professional advisor fees, which will bring the total issued share capital to 33,869,738 ordinary shares. Financially, cash at bank decreased to £218,624 from £1,563,612, while trade payables increased to £218,801 from £20,032, reflecting increased activity. The company has strategically shifted its focus to copper and future metals, with significant exploration activities planned in Namibia and Botswana. Post-year-end, Serval Resources raised £2.96 million in gross proceeds in conjunction with its move to the AIM market and completed the acquisition of Kalahari Copper Limited. Disclaimer*
About this update from Serval Resources Plc
[{"type":"text","content":"\n\n \n \n \n \n \n \n \n \n \n Serval Resources PLC\n \n \n \n (\"Serval\" or the \"Company\")\n \n \n 22 May 2026\n \n \n \n \n \n \n \n \n Final Results for the Year ended 30 November 2025\n \n \n \n \n Issue of Equity\n \n \n \n \n \n \n \n \n \n Serval Resources Plc (AIM: SRVL), a company focused on building an independent copper and future metals developer, hereby publishes its final results for the year ended 30 November 2025 (the “Year”). The Chairman’s Statement and Financial Statements are below, while the full Annual Report can be found on the Company’s website at:\n \n \n \n \n https://www.servalresources.com/investors/results/\n \n \n . \n \n \n \n \n \n \n Issue of new Ordinary Shares and Total Voting Rights\n \n \n \n \n \n \n \n \n The Company also announces the issue of 155,554 new ordinary shares (the “New Ordinary Shares”) of £0.005 each to be admitted to trading on AIM, at an issue price of 22.5 pence per New Ordinary Share as payment to certain professional advisors for services provided. The New Ordinary Shares will rank \n \n pari passu\n \n in all respects with the Company’s existing ordinary shares listed on AIM. Application has been made for the 155,554 New Ordinary Shares to be admitted to trading on AIM, which is expected to take effect on or around 28 May 2026 (“Admission”). \n \n \n \n \n \n \n Subsequently, in accordance with the Disclosure Guidance and Transparency Rules (DTR 5.6.1R), the Company hereby notifies the market that immediately following Admission of the New Ordinary Shares, its issued and outstanding share capital will consist of 33,869,738 \n \n Ordinary Shares, each of which carries one vote, and 8,053,725 Deferred Shares, which hold no voting rights. The Company does not hold any shares in treasury. This figure may be used by Shareholders as the denominator for the calculations by which they will 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 \n \n \n \n \n \n Chairman’s Statement\n \n \n \n \n \n \n Dear Shareholders,\n \n \n \n \n \n I am pleased to report on the Oscillate Plc, since renamed Serval Resources Plc, (the “Company”) results for the year to 30 November 2025 (the “Year”)...
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