Exercise of Options & TVR

Summary by AI BETAClose X

Tungsten West Plc has announced the exercise of founder options for 828,597 new ordinary shares, raising £8,285.97 for general working capital, contingent on securing finance for mine restart operations at Hemerdon. These new shares will rank pari passu with existing ordinary shares, and admission to trading on AIM is expected around September 29, 2026. Following admission, the company's total issued ordinary share capital will be 1,352,644,508 shares, which will serve as the denominator for shareholder notification calculations under FCA rules.

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