Tectonic Gold Plc Exercise of warrants and issue of equity
December 31 2020 - 4:08AM
UK Regulatory
TIDMTTAU
31 December 2020
TECTONIC GOLD PLC
("Tectonic Gold" or the "Company")
Exercise of warrants and issue of equity
Tectonic Gold plc (TDIM: TTAU) announces that the Company has made an
application to the Aquis Stock Exchange for the admission to trading on the
Aquis Stock Exchange Growth Market ("Admission") of 1,818,181 new ordinary
shares of GBP0.01 in the capital of the Company ("New Ordinary Shares").
The New Ordinary Shares are issued pursuant to the exercise of warrants to
subscribe for new Ordinary Shares at a price of 0.7p per Ordinary Share,
generating proceeds of GBP12,727.27 for the Company. The warrants were issued as
part of the subscription of new Ordinary Shares completed in September 2020.
The New Ordinary Shares will rank pari passu in all respects with the Company's
existing ordinary shares and Admission is expected to become effective on 5
January 2021.
Total Voting Rights
Following Admission of the 1,818,181 New Ordinary Shares on 5 January 2021, the
Company's enlarged issued share capital will comprise of 845,853,648 ordinary
shares, each with voting rights. 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 Disclosure and Transparency Rules.
For further information, please contact:
Tectonic Gold plc +61 2 9241 7665
Brett Boynton
Sam Quinn
www.tectonicgold.com
@tectonic_gold
Aquis Stock Exchange Corporate
Adviser and Broker +44 20 3005 5004
VSA Capital Limited
Andrew Raca - Corporate Finance
Andrew Monk - Corporate Broking
Ends
END
(END) Dow Jones Newswires
December 31, 2020 04:08 ET (09:08 GMT)
Tectonic Gold (AQSE:TTAU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tectonic Gold (AQSE:TTAU)
Historical Stock Chart
From Jul 2023 to Jul 2024