Issue of service provider warrants
Issued 1.25m warrants to service provider at 5p exercise price, expiring December 2027.
- Warrants issued 1,250,000
- Exercise price 5 pence per share
- Total warrants in issue 35,292,033
- Warrants as % of share capital 28.9%
- Warrant expiry date 4 December 2027
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Fulcrum Metals plc (AIM:FMET), a company pioneering the use of innovative technology to recover precious metals from mine waste, announces the issue of warrants to an investor relations service provider that has recently been engaged by the Company.
A total of 1,250,000 warrants have been issued to a marketing and communication service provider to subscribe for ordinary shares of the Company at an exercise price of 5 pence per share (the "Warrants"). The Warrants are exercisable for a period of three months from the date of issue and shall expire on the second anniversary of the date from which they become exercisable (being 4 December 2027).
Following the issue of the Warrants, there are a total of 35,292,033 warrants in issue equivalent to 28.9% of the current issued share capital of the Company.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.