Exercise of Warrants

East Star Resources Plc (LSE: EST), the Kazakhstan-focused gold and copper explorer, announces it has received a warrant exercise notice to convert 446,538 warrants with an exercise price £0.03 into 446,538 new ordinary shares of £0.01 each in the Company ("Ordinary Shares") (the "Warrant Shares"). The Company has received gross proceeds in respect of the Warrant Shares of £13,396.14

Admission

Application has been made for the Warrant Shares to be admitted to trading on the main market for listed securities of the London Stock Exchange, and admission of the Warrant Shares is expected to occur on or around 7 May 2026 ("Admission"). The Warrant Shares will rank pari passu with the existing Ordinary Shares.

For the purpose of the Disclosure and Transparency Rules, following Admission, the enlarged issued share capital of the Company will comprise 550,012,922 Ordinary Shares. The Company does not hold any shares in treasury. The above 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.

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/

X: https://x.com/EastStar_PLC

Subscribe to our email alert service to be notified whenever East Star releases news:

The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.