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Expiry of Warrants

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15.8 million warrants at 25 pence expired on 25 May 2025; 8.5 million warrants remain outstanding.

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Shuka Minerals Plc (AIM & AltX: "SKA"), an African focused mine operator and developer, confirms that 15,846,691 warrants, originally issued in May 2021 and August 2023, which have an exercise price of 25 pence each, and which were extended on 24 May 2024 for a period of 12 months to 25 May 2025 have now expired.

The Company currently has the following warrants outstanding:

  • 285,714 warrants at 7 pence expiring on 09/12/2025,
  • 333,334 warrants at 25 pence expiring on 05/12/2027,
  • 4,250,000 warrants at 12.5 pence expiring on 31/12/2027; and
  • 3,600,000 warrants at 9.125 pence expiring on 02/08/2028.

The Company's current issued share capital comprises 66,858,597 ordinary shares, and following the successful JSE listing on 21 May 2025 is now listed on the Alternative Exchange ('AltX') in South Africa and admitted to trading on AIM in the United Kingdom.

By Order of the Board

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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