Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining
12 May 2023
Kodal Minerals plc
("Kodal Minerals", "Kodal" or the "Company")
Exercise of Options and Total Voting Rights
Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, announces that following receipt of a notice of exercise of options it has issued a total of 12,500,000 new ordinary shares of 0.03125 pence each in the Company ("New Ordinary Shares") at 0.38 pence per New Ordinary Share.
Application has been made for the 12,500,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 18 May 2023.
Upon Admission, the issued share capital of the Company will consist of 17,022,480,956 ordinary shares of 0.01325p each. The Company holds no shares in treasury. The total number of voting rights in the Company from Admission will therefore be 17,022,480,956. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the Company under the Disclosure Guidance and Transparency Rules of the UK Financial Conduct Authority.
For further information, please visit www.kodalminerals.com or contact the following:
| Kodal Minerals plc Bernard Aylward, CEO |
Tel: +61 418 943 345
|
| Allenby Capital Limited, Nominated Adviser Jeremy Porter/Vivek Bhardwaj/Nick Harriss
|
Tel: 020 3328 5656 |
| SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker John Mackay/Adam Cowl
|
Tel: 020 3470 0470 |
| Canaccord Genuity UK Limited, Joint Broker James Asensio/Gordon Hamilton
|
Tel: 0207 523 4680 |
| St Brides Partners Ltd, Financial PR Susie Geliher/Ana Ribeiro
|
Tel: 020 7236 1177 |
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