Issue of Warrants
Nativo Resources Plc has issued 8,995,502 warrants to Yorkville as part of its financing arrangements, representing twenty-five percent of the £180,000 January 2026 amortisation payment under a Convertible Loan Note. These warrants, exercisable at £0.005003 each and expiring on 3 November 2028, were issued under existing authorities and vest immediately, entitling the holder to subscribe for one new ordinary share.
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Nativo Resources plc (LON: NTVO), which is focused on near-term gold mining and processing projects in Peru, announces that, further to the announcement on 3 November 2025 and in accordance with the financing arrangements in place with YA II PN, Ltd ("Yorkville"), the Company has issued warrants in line with the January 2026 amortisation payment due under the Convertible Loan Note ("CLN") with Yorkville.
The amortisation instalment for January 2026 totalled £180,000, and in addition to the cash payment, warrants were issued to the value of twenty‑five per cent of the amortisation payment. The number of warrants issued was calculated using the Company's closing share price on 31 October 2025 and a fifteen per cent premium applied, in accordance with the terms of the CLN, resulting in a warrant subscription price of £0.005003.
A total of 8,995,502 warrants has been issued to Yorkville. The warrants vest immediately and will expire on 3 November 2028. Each warrant entitles the holder to subscribe for one new ordinary share in the Company at the subscription price stated above. The warrants were issued under existing authorities granted to the Directors.
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