Corcel plc has increased its issued share capital, under an acceleration clause, with exercise of the 1,698,125,000 February 2025 warrants, for £3.85 million.
TVRs
The company said that the last 334,375,000 of exercised warrants came under the block admission dated 24 June 2025.
Following the exercise, Corcel’s issued share capital comprises 7,630,333,138 ordinary shares, with one voting right each.
The company has oil and gas assets, onshore Angola and Brazil, rare earth elements in Western Australia and cobalt-nickel in eastern Papua New Guinea.