TIDMKAV

RNS Number : 9381F

Kavango Resources PLC

20 November 2020

PRESS RELEASE

20 November 2020

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Publication of Prospectus

Further to the announcement of 10 November 2020 in which Kavango announced that it had conditionally raised GBP2,000,000 before expenses by the issue of 72,727,273 New Ordinary Shares in the capital of the Company at a price per share of 2.75 pence, the Company is pleased to announce that the Financial Conduct Authority approved its Prospectus on 19 November 2020 issued in connection with the placing of 72,063,636 new Ordinary Shares, the subscription of 663,637 New Ordinary Shares and admission to the Official List of the enlarged share capital of 265,682,982, and up to 244,950,808 New Ordinary Shares. The Company can issue in future up to approximately 102 million Ordinary Shares without needing to file another prospectus. The Prospectus has been published in electronic form and will shortly be available on the Company's website at:

https://www.kavangoresources.com/investor-relations/admission-document

A copy of the Prospectus has also been submitted to the National Storage Mechanism and will shortly be available for inspection at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

For further information please contact:

Kavango Resources plc

Michael Foster

mfoster@kavangoresources.com

First Equity (Joint Broker)

+44 207 374 2212

Jason Robertson

SI Capital Limited (Joint Broker)

+44 1483 413500

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

PDIKKCBBOBDDBDD

(END) Dow Jones Newswires

November 20, 2020 02:00 ET (07:00 GMT)

Grafico Azioni Kavango Resources (LSE:KAV)
Storico
Da Feb 2024 a Mar 2024 Clicca qui per i Grafici di Kavango Resources
Grafico Azioni Kavango Resources (LSE:KAV)
Storico
Da Mar 2023 a Mar 2024 Clicca qui per i Grafici di Kavango Resources