Nativo Resources Announces Result of Broker Option

Source: www.gulfoilandgas.com 10/11/2024, Location: South America

Nativo Resources plc, which has interests in precious metals mining and production in Peru, announces that, further to its announcement of 10 October 2024 (the "Placing Announcement"), the Broker Option has now closed.

The Company confirms it has issued a further 2,960,000,000 new Ordinary Shares through the Broker Option (the "Broker Option Shares"), raising a further £74,000 at the issue price of 0.0025 pence per share.

The total amount raised by the Company under the Placing Announcement and through the Broker Option Shares is £486,000.

Admission to trading
Application has been made to the London Stock Exchange for the admission of the Placing Shares, Broker Option Shares and Creditor Shares to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on or around 16 October 2024.

Total Voting Rights
On Admission, the Company will have 61,368,391,175 ordinary shares of 0.0001p each in issue, each with one voting right. There are no shares held in treasury. Therefore, upon Admission, the Company's total number of ordinary shares in issue and voting rights will be 61,368,391,175 and this figure may be used by shareholders from Admission 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.

Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as set out in the Placing Announcement.


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