CLN Conversion - Issue of Equity & TVR
Nativo Resources Plc has announced the conversion of £182,884.93 of convertible loan notes, including accrued interest, into 35,859,790 new ordinary shares at a price of £0.0051 per share. This conversion reduces the outstanding principal amount of convertible loan notes to £1,440,000, with a maturity date of 3 November 2026. Following this issuance, the company's total issued ordinary share capital will be 629,063,290 shares, representing 629,063,290 total voting rights. The new shares are expected to be admitted to trading on AIM on or around 2 February 2026.
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Nativo Resources plc (LON:NTVO), a gold-focused mining company with interests in Peru, announces it has received a conversion notice in respect of a portion of the convertible loan notes ("CLN") held by YA II PN Ltd (the "CLN Holder") pursuant to the funding package announced on 3 November 2025. The details follow below:
| Principal amount of CLN prior to conversion: | £1,620,000 |
| Amount converted on 26/01/2026: | £180,000 |
| Accrued interest to be converted: | £2,884.93 |
| Total amount to be converted: | £182,884.93 |
| Ordinary shares to be issued to CLN Holder in respect of the portion of CLN converted: | 35,859,790 |
| Price at which CLN converted: | £0.0051 |
| Principal amount of CLN remaining: | £1,440,000 |
| Maturity: | 3 November 2026 |
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for the 35,859,790 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will take place at 8.00 a.m. on or around on 2 February 2026.
In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the above new Ordinary Shares, its issued Ordinary share capital will comprise 629,063,290 Ordinary Shares. All the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company will therefore be 629,063,290. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or a change to their interest in, the Company.
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