Mila Resources PLC Exercise of Warrants & Issue of Equity (2542N)

TIDMMILA

RNS Number : 2542N

Mila Resources PLC

30 May 2022

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

30 May 2022

Mila Resources Plc

('Mila' or the 'Company')

Exercise of Warrants & Issue of Equity

Mila Resources, the post-discovery gold exploration accelerator, announces that it has received a notice to exercise warrants over a total of 220,000 Ordinary Shares of GBP0.01 each in the Company (the "Warrant Shares"), at an exercise price of 4.8p for which funds of GBP10,560 have been received by the Company.

An application has been made for the Warrant Shares to be admitted to the official list and to trading on the London Stock Exchange with effect from 8.00 a.m. on 6 June 2022 ("Admission").

Following Admission, the Company's issued share capital will consist of 306,551,057 Ordinary Shares with voting rights. Mila does not hold any Ordinary Shares in treasury. This figure of 306,551,057 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

**ENDS**

For more information visit www.milaresources.com or contact:

 
 Mark Stephenson                   info@milaresources.com 
  Mila Resources Plc 
 Jonathan Evans 
  Tavira Securities                  +44 (0) 20 3463 5000 
 Nick Emerson 
  SI Capital                         +44 (0) 20 7100 5100 
 Susie Geliher / Charlotte Page 
  St Brides Partners Limited         +44 (0) 20 7236 1177

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May 30, 2022 07:00 ET (11:00 GMT)

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