Exercise of Warrants and Issue of Equity
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London, United Kingdom - 3 March 2025 - Landore Resources Limited (AIM:LND) ("Landore Resources" or the "Company") announces that it has received a notice to exercise warrants over a total of 9,208,220 ordinary shares (the "Warrant Shares"), for which funds of £220,997 have been received by the Company.
Application has been made to the London Stock Exchange for admission of the Warrant Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the Warrant Shares will commence at 8.00 a.m. on or around 5 March 2025. The Warrant Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing ordinary shares.
Following Admission, the Company's issued share capital will consist of 322,024,832 ordinary shares with voting rights. Landore Resources does not hold any ordinary shares in treasury. This figure of 322,024,832 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's share capital under the FCA's Disclosure Guidance and Transparency Rules.
| Strand Hanson Limited (Nominated Adviser and Joint Broker) James Dance/Matthew Chandler/Robert Collins | Tel: 020 7409 3494 |
| Hannam & Partners (Joint Broker) Andrew Chubb / Matt Hasson | Tel: 020 7907 8500 |
| Burson Buchanan (Financial PR) Bobby Morse/ Oonagh Reidy | landore@buchanancomms.co.uk Tel: 020 7466 5000 |
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