Exercise of Warrants
Arkle Resources PLC announced the issuance of 14,333,333 ordinary shares following the exercise of warrants, raising GBP 46,000. The new shares, which will rank pari passu with existing shares, are expected to be admitted to AIM trading on or around March 19, 2026. Post-admission, the company's total voting rights will increase to 1,483,310,997 ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your ARK notes
Arkle Resources PLC (AIM: ARK), the energy metals explorer with a key focus on uranium, announces it will issue 14,333,333 ordinary shares of EUR0.0025 each ("Ordinary Shares") following the exercise of 8,333,333 warrants with an exercise price of 0.30 pence per share and 6,000,000 warrants with an exercise price of 0.35 pence per share ("New Shares").
Application has been made for the New Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and it is expected that this will take place at 8.00 a.m. on or around 19 March 2026 ("Admission"). The Company has received the proceeds of the warrants exercise of GBP 46,000.
Total Voting Rights
Following Admission, Arkle will have 1,483,310,997 Ordinary Shares in issue which will also represent the total number of voting rights in the Company. The above figure should 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 FCA's Disclosure and Transparency Rules.
A copy of this announcement is available on the Company's website at: www.arkleresources.com.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.