Issue of Equity for CLN Conversion & TVR

Nativo Resources Plc

30 October 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.

30 October 2026

Nativo Resources Plc

("Nativo" or the "Company")

Issue of Equity for CLN Conversion

&

Total Voting Rights

Nativo Resources plc (AIM: NTVO), the precious metals company with gold mining and processing 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:	£305,250
Amount converted on 28/10/2026:	£100,000
Ordinary shares to be issued to CLN Holder in respect of the portion of CLN converted:	31,928,480
Price at which CLN converted:	£ 0.003132
Principal amount of CLN remaining:	£205,250
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

Stephen Birrell, Chief Executive Officer of Nativo, commented:

"We thank the fund for its continued confidence shown in Nativo's trajectory in Peru through its decision to again convert CLN into equity. This also further reduces Nativo's debt and interest payments, improving the Company's balance sheet."

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for the 31,928,480 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 4 November 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 1,689,198,741 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 1,689,198,741. 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.

Enquires:

Nativo Resources Stephen Birrell, Chief Executive Officer	Via Vigo Consulting [e-mail]
Strand Hanson Limited (Nominated & Financial Adviser)  Rory Murphy Matthew Chandler Abigail Wennington	Tel: [phone]
Hybridan LLP (Joint Broker) Claire Noyce	Tel: [phone]
Axis Capital Markets (Joint Broker) Richard Hutchison	Tel: [phone]
Vigo Consulting (Investor Relations) Ben Simons George Pope	Tel: [phone] [e-mail]

About Nativo Resources Plc

Nativo aims to establish itself as a vertically integrated gold mining and processing business in Peru. The Company's strategy is based on developing 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 objectives are to establish gold production and develop La Patona Gold Ore Processing Plant to process Nativo's own and third-party material.

Visit our website: https://www.nativoresources.com/

Follow us on social media:

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

X: https://x.com/nativoresources

Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our interactive investor hub here:  https://www.nativoresources.com/auth/signup

Subscribe to our news alert service: https://www.nativoresources.com/announcements

 

END