Exercise of Warrants

Summary by AI BETAClose X

Reveille Resources PLC has announced the exercise of warrants, resulting in the issuance of 300,000 new ordinary shares at 10 pence each, raising £30,000 in gross proceeds. These new shares are expected to be admitted to trading on the Aquis Growth Market around October 29, 2026. Following this admission, the company's total issued ordinary share capital and voting rights will increase to 80,200,000 shares.

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Reveille Resources PLC
23 October 2026
 

23 October 2026

REVEILLE RESOURCES PLC

("Reveille", or the "Company")

Exercise of Warrants

Reveille [AQSE: REV], a uranium exploration and development company with a primary focus on Italy's largest uranium deposits, announces that it has received notice for the exercise of warrants in respect of 300,000 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 10 pence per share, raising gross proceeds of £30,000 for the Company (the “Warrant Shares”).

Admission to Trading and Total Voting Rights

Application has been made for the Warrant Shares to be admitted to trading on the Aquis Growth Market ("Admission"). It is anticipated that Admission will occur on or around 29 October 2026.

From Admission, the Company's issued ordinary share capital will comprise of 80,200,000 Ordinary Shares, with one voting right per Ordinary Share. The Company does not hold any Ordinary Shares in Treasury. Therefore, from Admission, the total number of Ordinary Shares and voting rights in the Company will be 80,200,000.

From Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the share capital of the Company, under the FCA's Disclosure Guidance and Transparency Rules.

- ENDS –

For more information, please visit: www.reveille-resources.com or contact the following:

Reveille Resources Plc

Ippolito Ingo Cattaneo, Executive Director

info@reveille-resources.com

Barabino & Partners UK Plc, Financial PR

Georgia Colkin/ Caroline Merrell

Tel: +44 (0) 207 1526 425

Allenby Capital Limited, Aquis Corporate Advisor

Nick Harriss / Ashur Joseph / Nick Naylor

Tel: +44 (0) 20 3328 5658

Community, Financial PR Italy

Pasquo Cicchini / Virginia Giussani

Tel. +39 02 89404231

 

Notes to Editors

Reveille Resources plc (AQSE: REV) is a UK natural resources exploration and development company with a primary focus on Italy, where it is advancing the exploration and development of the country's largest historic uranium deposits.

Through its Italian subsidiary, Futuro Energetico Italiano S.r.l, the Company has submitted exploration-licence applications in respect of the Novazza and Val Vedello uranium projects in northern Italy, each of which is subject to the applicable environmental-assessment process. The projects were historically explored and developed by AGIP Nucleare S.p.A. and its operating subsidiary, SOMIREN, both part of the ENI group, during Italy's national nuclear programme between 1959 and 1983. This work included more than 87,000 metres of historical drilling and approximately 17 kilometres of underground development.

Reveille's strategy is to identify and advance uranium projects that have benefited from substantial historical exploration and technical work, but where value has yet to be fully realised due to geopolitical, technological, financial or historical factors. By applying modern exploration techniques and internationally recognised reporting standards, the Company intends to verify historical data, advance exploration and work towards the delineation of mineral resources in accordance with internationally recognised reporting standards.

While Italy remains the Company's principal area of focus, Reveille will selectively evaluate additional uranium opportunities elsewhere in Europe and in other Western jurisdictions where similar value creation opportunities exist. The Company is committed to advancing its projects responsibly, working closely with local communities, regulators and other stakeholders to ensure that exploration activities are undertaken to the highest environmental, technical and governance standards.

 

 

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