RNS Number : 5167F
Mila Resources PLC
30 October 2025
 

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

 

30 October 2025

Mila Resources Plc
("Mila" or the "Company")


Exercise of Warrants by EMX

 

The Company has received notification from EMX Royalty Corp ("EMX") that it wishes to exercise 16,000,000 warrants that were issued at the time of the EMX option agreement on 30 October 2024 regarding the Queensland exploration portfolio. The warrants were issued at an issue price of 1p resulting in the receipt of £160,000 that will be allocated to further exploration at Yarrol and general working capital purposes. 

 

Admission

The Company will make an application for 16,000,000 New Ordinary Shares to be admitted to trading on the Equity Shares (transition) category of the Official List and the Main Market of the London Stock Exchange at 8.00 a.m. on 5 November 2025.

 

Total Voting Rights

The Company hereby notifies the market, in accordance with the FCA's Disclosure Guidance and Transparency Rules, that on Admission, the Company's enlarged share capital will consist of 668,835,116 Ordinary Shares, each with one vote. The Company does not hold any Ordinary Shares in Treasury. On Admission, the total number of voting rights in the Company is expected to be 668,835,116 and this figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

**ENDS**

 

For more information visit www.milaresources.com or contact:

 

Mark Stephenson

Mila Resources Plc

info@milaresources.com

Jonathan Evans

Tavira Financial Limited

+44 (0) 20 7100 5100

Nick Emerson

SI Capital

+44 (0) 20 3143 0600

Damon Heath

Shard Capital Partners LLP

+44 (0) 20 3971 7000

Susie Geliher / Will Turner

St Brides Partners Limited

+44 (0) 20 7236 1177

 

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