Exercise of Warrants and Total Voting Rights
Jangada Mines Plc has issued 3,666,667 new ordinary shares following a warrant exercise at 1 pence per share, generating gross proceeds of £36,666.67 and bringing the total raised from warrant exercises to approximately £970,832. These new shares will rank equally with existing shares and are expected to be admitted to trading on AIM on March 5, 2026. Post-admission, the company's total issued share capital will be 823,113,933 ordinary shares, each carrying one voting right, which shareholders can use for disclosure notification calculations.
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Jangada Mines Plc (AIM: JAN), a Brazil-focused natural resource development company, announces that, pursuant to receipt of a warrant exercise notice, it has issued 3,666,667 new ordinary shares of 0.04 pence each ("Ordinary Shares") ("New Shares"). The warrant exercise, at the exercise price of 1 pence per share, generated gross proceeds of £36,666.67 to the Company, bringing the total amount raised from the exercise of warrants to approximately £970,832.
Admission and Total Voting Rights
The New Shares will rank pari passu in all respects with the existing Ordinary Shares. Application has been made for the admission of 3,666,667 new Ordinary Shares to trading on AIM ("Admission"), and it is expected that Admission will become effective and that dealings in such New Shares on AIM will commence on or around 8.00 a.m. on 5 March 2026.
Following Admission, the Company's issued share capital will consist of 823,113,933 Ordinary Shares, each with one voting right. As the Company does not hold any shares in treasury, 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 share capital of the Company following Admission under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.