Sovereign Metals Limited Expiry of Unlisted Options (5066Z)

TIDMSVML

RNS Number : 5066Z

Sovereign Metals Limited

16 May 2023

SOVEREIGN METALS LIMITED

NEWS RELEASE I 16 MAY 2023

EXPIRY OF UNLISTED OPTIONS

Sovereign Metals Limited (Sovereign or the Company) (ASX:SVM, AIM:SVML) advises that 11,105,125 unlisted options exercisable at A$0.80 each expired on 13 May 2023.

Following the expiry of unlisted options, Sovereign has the following securities on issue:

   --      470,875,023 ordinary fully paid shares;

-- 6,100,000 unlisted performance rights subject to the "Pre-Feasibility Study Announcement Milestone" expiring on 30 September 2023; and

-- 8,260,000 unlisted performance rights subject to the "Feasibility Study Announcement Milestone" expiring on 31 October 2025.

Classification: 2.5 Total number of voting rights and capital.

ENQUIRIES

 
 Dylan Browne 
  Company Secretary 
  +61(8) 9322 6322 
 
 
            Nominated Adviser on AIM 
            RFC Ambrian 
 Andrew Thomson                         +61 8 9480 2500 
 
            Joint Brokers 
            Berenberg                   +44 20 3207 7800 
 Matthew Armitt 
 Jennifer Lee 
 
 Optiva Securities                      +44 20 3137 1902 
 Daniel Ingram 
 Mariela Jaho 
 Christian Dennis

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May 16, 2023 02:00 ET (06:00 GMT)

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