Nativo Resources plc has issued 33,176,720 new ordinary shares following notice to convert 50,000 convertible loan notes of £50,000.
TVRs
The CLN relates to a May 2025 agreement with an investor for 315,000 £1.00 interest-free CLNs which raised net proceeds of £300,000.
Following admission, Nativo’s ordinary share capital will comprise 323,469,395 ordinary shares, each with equal voting rights.
None of the ordinary shares is held in treasury.
Proceeds will advance the company’s precious metals mining projects in Peru and be used as general working capital.