Nativo Resources Plc Announces Issue of Shares

Source: www.gulfoilandgas.com 10/21/2024, Location: South America

Nativo Resources plc which has interests in precious metals mining and production in Peru, announces that it has issued 346,153,846 new Ordinary Shares as payment to certain creditors (the "Creditor Shares"). The Creditor Shares will be issued at a price of 0.0026 pence per share, being the closing price as at 18 October 2024.

Admission to trading
Application has been made to the London Stock Exchange for the admission of the Creditor Shares to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on or around 24 October 2024.

Total Voting Rights
On Admission, the Company will have 61,714,545,021 ordinary shares of 0.0001p each in issue, each with one voting right. There are no shares held in treasury. Therefore, upon Admission, the Company's total number of ordinary shares in issue and voting rights will be 61,714,545,021 and this figure may be used by shareholders from Admission 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 FCA's Disclosure Guidance and Transparency Rules.


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