Nativo Resources plc has secured £2 million financing, via a susbcription and convertible loan note, with institutional investor YA II PN Ltd, which is managed by Yorkville Advisors Global LP. TVRs Yorkville will subscribe £200,000 for 45,454,545 new ordinary shares, each at a price of £0.0044. The principal amount of the unsecured CLN is £1.8m, […]
Tag: Nativo Resources plc
Nativo issues 13.6m new shares
Nativo Resources plc has issued 13,641,002 new ordinary shares of 0.15 pence in lieu of cash for services and accrued directors’ salaries. TVRs A total of 4,090,909 new ordinary shares of 0.15 pence each were issued, at a price of 0.44 pence per new ordinary share, for services. Chief executive officer Stephen Birrell and executive chairman Christian Yates, subscribed for ordinary […]
Nativo conditionally raises £400,000
Nativo Resources plc has conditionally raised £400,000 via a placing and subscription of a total 88,888,889 new ordinary shares of 0.15 pence each, at 0.45 pence per share. TVRs Each participating investor will receive one warrant for every subscription share, which is exercisable at 0.45 pence for 12 months from admission. Proceeds will contribute to […]
Nativo raises £115,384
Nativo Resources plc has raised £115,384 via a subscription for 38,461,333 new ordinary shares, each at a price of £0.003 pence, by a new institutional investor. TVRs Proceeds will go contribute to the company’s working capital for its projects in Peru. Following admission, Nativo’s issued share capital will comprise 361,930,728, with voting rights. The company’s assets include […]
Nativo acquires remaining 50% of Boku JV
Nativo Resources plc has agreed a cashless acquisition of the remaining 50% of its joint venture Boku Resources SAC, in Peru. PRODUCTION Boku owns the Bonanza gold mine on the Tesoro gold concession, an option to evaluate recovery and sale of gold and silver from the Toma La Mano tailings, and the Ana Lucia polymetallic […]
Nativo issues 33m new shares for CLN
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 […]