Nativo Resources plc has issued 35,859,790 new ordinary shares, each at a price of £0.0051, to convert £180,000 of a loan note, plus £2,884.93 accrued interest. TVRs The outstanding balance owed to the CLN holder, YA II PN Ltd, is £1,440,000. Following admission, Nativo’s issued ordinary share capital will comprise 629,063,290 ordinary shares, each with […]
Tag: Nativo Resources plc
Nativo awards mining-logistics contracts for Bonanza
Nativo Resources plc has awarded mining and logistics contracts for the Bonanza gold mine on its Tesoro concession in the Arequipa region, within the Nazca-Ocona gold corridor of Peru. PRODUCTION Mining service provider Constructora e Inversiones Andina Kuboc C&P SAC will move the first 25 personnel to the site next week, before adding more employees […]
Nativo issues 16m new shares
Nativo Resources plc has issued 16,137,361 new ordinary shares to Spartan Fund Ltd following a conversion notice related to part of the 2025 convertible loan notes. TVRs The £100,000 transaction, at a price of £0.006 per new ordinary share, leaves the principal sum £305,250 remaining of the CLN. Following admission, Nativo’s issued ordinary share capital […]
Nativo gold grades support restart of Bonanza
Nativo Resources plc said that initial assay results from surface trenching, along previously interpreted vein structures, supported plans to restart production at the Bonanza gold mine on the Tesoro concession, in Peru. EXPANSION Returns of localised values reached 19.5 grams per ton gold, with an average of 10g/t gold. The company added that positive near-mine […]
Nativo issues 4.5m shares
Nativo Resources plc has issued 4,545,454 ordinary shares to creditors at an agreed share price of £0.0044 per share. TVRs Following admission, the company’s issued share capital will comprise 577,066,139 ordinary shares, with equal voting rights. None of the ordinary shares is held in treasury. Nativo holds gold exploration, development and production assets in Peru.
Nativo issues 7.4m shares to former director
Nativo Resources plc has issued 7,443,304 shares, at a 29.4% premium, to a former director in lieu of deferred salaries and fees outstanding. Following admission, the company’s issued ordinary share capital will total 572,520,685, each with equal voting rights. None of the shares is held in treasury. Nativo holds gold exploration, development and production assets […]