Further re Result of subscription rights exercise

Summary by AI BETAClose X

Golden Prospect Precious Metals Limited has announced the full placement of 3,718,555 new Ordinary Shares at 83p each, arising from unexercised Subscription Rights. The company will now issue and allot a total of 14,585,929 Ordinary Shares, with dealings expected to commence on The International Stock Exchange and the London Stock Exchange's SETSqx platform at 8:00 a.m. on December 9, 2025.

Disclaimer*

Golden Prospect Precious Metals Ltd
03 December 2025
 

3 December 2025

Golden Prospect Precious Metals Limited


(the "Company")

 

Further re Result of subscription rights exercise for Ordinary Shares

 

Further to the announcement released on 2 December 2025, the Company confirms that the 3,718,555 new Ordinary Shares arising in respect of Subscription Rights not exercised were placed in full by Cavendish Capital Markets Limited at a price of 83p.

Accordingly, the Company announces that it will be issuing and allotting 14,585,929 Ordinary Shares, subject to admission to trading.  Application will be made for the new Ordinary Shares to be admitted to trading on The International Stock Exchange ("TISE") and to trading on the London Stock Exchange's SETSqx platform.  It is expected that dealings will commence at 8.00 a.m. on 9 December 2025.

Amounts payable to Shareholders who did not exercise some or all of their Subscription Rights will be communicated in due course.

For further information, please contact:

Manulife | CQS Investment Management 

Craig Cleland

T: +44 (0) 20 7201 5368

 Cavendish Capital Markets Limited

Robert Peel / Oscar Valeur-Adu (Corporate Finance) - Corporate Broker

T: +44 (0) 20 7908 6000

 

Daniel Balabanoff / Pauline Tribe (Sales)


 

About Golden Prospect Precious Metals 

Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006. The Company's investment objective is to provide Shareholders with capital growth from a portfolio of companies involved in the precious metals sector. For the latest factsheet and other information, clickhere.

 

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