Exercise of Warrants and Issue of Equity

Landore Resources Limited (AIM:LND) announces that it has received a notice to exercise warrants over a total of 307,003 Ordinary Shares (the "Warrant Shares"), for which funds of £61,400.60 have been received by the Company.

 

Application will be made for the admission of the Warrant Shares to trading on AIM ("Admission"). The Warrant Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will become effective at 8.00 a.m. on 30 April 2021.

 

Following Admission, the Company's issued share capital will consist of 105,153,334 Ordinary Shares with voting rights. Landore Resources does not hold any Ordinary Shares in treasury. This figure of 105,153,334 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For more information, please contact:

 

Bill Humphries, Chief Executive Officer

Tel: 07734 681262

Glenn Featherby, Finance Director

Tel: 07730 420318

 

Cenkos Securities (Nominated Advisor and Broker)

Derrick Lee / Peter Lynch

Tel: 0131 220 9100