Replacement: Exercise of Options and TVR

Kodal Minerals PLC
15 May 2023
 

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

 

The following announcement replaces the Exercise of Options and Total Voting Rights announcement released on 12 May 2023 at 15:39 under RNS Number 3130Z. The nominal value per Ordinary Share has been corrected in the third paragraph to 0.03125p.  All other details remain unchanged.

 

Kodal Minerals plc

("Kodal Minerals", "Kodal" or the "Company")

 

Exercise of Options and Total Voting Rights

 

Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, announces that following receipt of a notice of exercise of options it has issued a total of 12,500,000 new ordinary shares of 0.03125 pence each in the Company ("New Ordinary Shares") at 0.38 pence per New Ordinary Share.

 

Application has been made for the 12,500,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 18 May 2023.

 

Upon Admission, the issued share capital of the Company will consist of 17,022,480,956 ordinary shares of 0.03125p each.  The Company holds no shares in treasury. The total number of voting rights in the Company from Admission will therefore be 17,022,480,956. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the Company under the Disclosure Guidance and Transparency Rules of the UK Financial Conduct Authority.

 

For further information, please visit www.kodalminerals.com or contact the following:

 

Kodal Minerals plc

Bernard Aylward, CEO

 

Tel: +61 418 943 345

 

Allenby Capital Limited, Nominated Adviser

Jeremy Porter/Vivek Bhardwaj/Nick Harriss

 

 

Tel: 020 3328 5656

SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker

John Mackay/Adam Cowl

 

 

Tel: 020 3470 0470

Canaccord Genuity UK Limited, Joint Broker

James Asensio/Gordon Hamilton

 

 

Tel: 0207 523 4680

St Brides Partners Ltd, Financial PR

Susie Geliher/Ana Ribeiro

 

 

Tel: 020 7236 1177

 

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