Power Metal Resources received £41,283 following notices to exercise warrants over 5,404,663 new ordinary shares of 0.1 pence each in the company.
The notices were for 799,400 warrants at an exercise price of 1 pence per ordinary share; 2,105,263 warrants at 0.75 pence per ordinary share; and 2.5 million warrants at 0.7 pence per ordinary share.
Following admission, the company’s issued share capital will comprise 1,061,623,635 ordinary shares of 0.1p each, with voting rights.