RNS Number : 8188O
Upland Resources Limited
17 May 2024
 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

 

This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan.  Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.

 

17th May 2024

 

UPLAND RESOURCES LIMITED

("Upland" or the "Company")

 

Admission of Ordinary Shares

 

Upland Resources Limited (LSE: UPL), is pleased to announce the admission of 96,927,000 ordinary shares with no par value to trading on the Standard Segment of the Official List and to trading on the Main Market of the London Stock Exchange following completion of the recently announced fundraise of £3,198,591.

The fundraise was over-subscribed. In particular, one key Malaysian strategic investor has increased their position.

Bolhassan Di, Upland Chairman and CEO commented:

"The level of interest in Upland from new institutional shareholders and from our existing strategic investors illustrates the anticipated value of the Company. This combined with the interest from potential Joint Venture partners gives me and the management team every confidence that our SK334 campaign will be well funded."

For further information, please contact:

 

Upland Resources Limited 

Bolhassan Di

Chairman and CEO

Gerry Murray COO

Albert May CCO

Tel: +60 198  861919 

bolhassan@uplandbigoil.com.my

gerry.murray@upland.energy

albert.may@upland.energy

www.upland.energy

Optiva Securities - Joint Broker 

Vishal Balasingham

Tel:  +44 (0)20 3137 1903
vishal.balasingham@optivasecurities.com 

www.optivasecurities.com  

OAK Securities - Joint Broker 

Jerry Keen

Henry Clarke

Dillon Anadkat

Tel: +44 (0)20 3973 3678

jerry.keen@oak-securities.com

henry.clarke@oak-securities.com

dillon.anadkat@oak-securities.com

www.oak-securities.com

 

 

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