Issue of Equity for CLN Conversion & TVR

Summary by AI BETAClose X

Nativo Resources Plc has announced the conversion of £100,000 of convertible loan notes held by Spartan Fund Limited into 16,137,361 ordinary shares at a price of £0.0061968 per share. This conversion reduces the outstanding principal amount of the convertible loan notes to £305,250, which mature in January 2028 with a 5% cash coupon. Following this issuance, the company's total issued ordinary share capital will be 593,203,500 ordinary shares, representing the total number of voting rights.

Disclaimer*

Nativo Resources Plc
19 January 2026
 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

19 January 2026

Nativo Resources Plc

("Nativo" or the "Company")

 

Issue of Equity for CLN Conversion

&

Total Voting Rights

 

Nativo Resources plc (LON:NTVO), a gold-focused mining company with interests in Peru, announces it has received a conversion notice in respect of a portion of the convertible loan notes ("CLN") held by Spartan Fund Limited (SAC) (the "CLN Holder") pursuant to the debt restructuring announced on 21 January 2025. The details follow below:

 

Principal amount of CLN prior to conversion:

£405,250

Amount converted on 16/01/2026:

£100,000

Ordinary shares to be issued to CLN Holder in respect of the portion of CLN converted:

16,137,361

Price at which CLN converted:

£0.0061968

Principal amount of CLN remaining:

£305,250

Maturity:

January 2028

Coupon:

5% payable in cash, quarterly in arrears

Conversion terms:

CLN Holder may convert all or part of the principal at any time into Ordinary Shares at a 20% premium over the average share price of the 5 trading days prior to the date of conversion

 

 

Admission and Total Voting Rights

 

Application has been made to the London Stock Exchange for the 16,137,361 new Ordinary shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will take place at 8.00 a.m. on or around on 23 January 2026.

In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the above new Ordinary shares, its issued Ordinary share capital will comprise 593,203,500 Ordinary Shares. All the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company will therefore be 593,203,500. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or a change to their interest in, the Company.

 

For further information please contact:

 

 Nativo Resources

 Stephen Birrell, Chief Executive Officer

 Via Vigo Consulting

 nativo@vigoconsulting.com

 


 Zeus (Nominated Adviser and Joint Broker)

 James Joyce

 James Bavister

 

 Tel: +44 (0)20 3829 5000

 


 AlbR Capital Limited (Joint Broker)

 Duncan Vasey

 Lucy Williams
 Rose Greensmith

 Tel: +44 (0)20 7469 0930

 


 Vigo Consulting (Investor Relations)

 Ben Simons

 Peter Jacob
 Anna Sutton

 Tel: +44 (0)20 7390 0234

 nativo@vigoconsulting.com

 

About Nativo Resources plc

 

Nativo has interests in gold projects in Peru. The Company's strategy is based on three core activities: primary gold mining, gold ore processing, and the recovery of gold from tailings. The Company has already acquired or optioned several projects for development and has identified additional opportunities for expansion. Nativo's nearest-term objective is to scale operations on the Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo intends to allocate portions of free cash flow from mining and processing activities and future fundraises to Bitcoin purchases, and to hold Bitcoin as a long-term treasury reserve asset.

 

Follow us on social media:

 

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc

X (Twitter): https://x.com/nativoresources

 

 

 

 

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