Golden Prospect Precious Metals Ltd Results of Subscription Rights Exercise (4379V)
01 Dicembre 2023 - 1:51PM
UK Regulatory
TIDMGPM TIDMGPSS
RNS Number : 4379V
Golden Prospect Precious Metals Ltd
01 December 2023
1 December 2023
Golden Prospect Precious Metals Limited
(the "Company")
Results of subscription rights exercise for Ordinary Shares
The Board of the Company announces that applications have been
received from shareholders to subscribe for 57,689 new ordinary
shares of no par value ("Ordinary Shares") at a price of 38.31p per
share.
The Board have determined however, that due to the current
Ordinary Share price of approximately 28.00p per share, it would
not be in the best interests of the Company nor the Shareholders to
issue new shares at this level.
Accordingly, the Company announces that no new Ordinary Shares
will be issued as a result of the subscription rights exercise for
2023 and that applicants will be refunded by the Registrar as soon
as possible.
A separate announcement regarding the subscription rights price
for 2024 will be made in due course.
Enquiries: -
CQS (UK) LLP +44 (0) 20 7201 5368
Craig Cleland
Cavendish Capital Markets Limited +44 (0) 20 7220 0500
William Marle
Maitland Administration (Guernsey) +44 (0) 20 3530 3600
Limited
Tracy Le Sauvage / James Taylor
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END
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December 01, 2023 07:51 ET (12:51 GMT)
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