Warrants Exercise
Warrants exercised generating proceeds of £563,833 and increasing share count to 1.42 billion shares.
- Warrants exercised 22,402,778
- Total warrants exercised (cumulative) 46,986,110
- Warrant exercise proceeds £563,833
- Total ordinary shares in issue post-exercise 1,416,791,381
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Upland Resources Limited (LSE: UPL) is pleased to announce that further to its RNS on 24 February 2025 it has received exercise notices to exercise a further 22,402,778 warrants that were issued on 28 February 2023 taking the total to 46,986,110 warrants.
Warrant exercises have generated proceeds of £563,833
Bolhassan Di, Upland Chairman and CEO commented:
"We appreciate the continued support from shareholders, this alongside recent raises ensure the company maintains a strong cash position throughout 2025."
Admission
Total voting rights
Following the warrant exercise, the Company's total number of Ordinary Shares in issue will be 1,416,791,381. This figure may be used by shareholders as the denominator for the calculation to determine if they are required to notify the Company of their interest in, or a change to their interest in, the Company's securities in accordance with the FCA's Disclosure and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.