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LONDON - Nativo Resources Plc (LON:NTVO), a mining company with gold interests in Peru, has successfully raised approximately £70,000 through the issuance of new shares. The company announced today that it placed 9,909,862 new ordinary shares at a price of 0.7 pence each to investors, with the proceeds intended for working capital.
The new shares, referred to as "Placing Shares," are expected to be admitted to trading on the AIM market of the London Stock Exchange (LON:LSEG) around 8:00 a.m. on April 25, 2025. This move is anticipated to enhance the company’s financial flexibility as it continues its mining operations.
Following the issue of the Placing Shares, Nativo’s issued ordinary share capital will consist of 88,568,630 ordinary shares. The company has confirmed that all issued shares will carry equal voting rights and that none are held in Treasury, establishing the total number of voting rights in the company at 88,568,630. Shareholders may use this figure as the denominator for calculations to determine if they need to notify changes in their stake in the company.
This financial maneuver is conducted in accordance with the UK’s market abuse regulations, ensuring transparency and compliance with the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority. The announcement is based on a press release statement from Nativo Resources Plc.
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