Marula Mining
PLC
("Marula'' or the "Company")
24
April 2024
Exercise of
Warrants
Marula Mining (AQSE: MARU), an
African focused mining and development company, has received
notification for the exercise of warrants over 300,000 new ordinary
shares in the Company at an exercise price of 4 pence per share
(the "Warrant Shares"), providing the Company with proceeds of
£12,000.
Admission
Application has been made for the
Warrant Shares to be admitted to trading on the Aquis Stock
Exchange Growth Market on or around 30 April 2024 ("Admission") and
will rank pari passu with
the ordinary shares of the Company in issue.
Total voting rights
Following Admission, the Company's
issued share capital will comprise 178,215,665 ordinary shares of
0.01p each, with each share carrying the right to one vote,
therefore the total number of voting rights in the Company will be
178,215,665. This figure may be used by shareholders as the
denominator for calculations by which they will determine if they
are required to notify their interest in the Company, or a change
to their interest in the Company, under the Financial Conduct
Authority's Disclosure Guidance and Transparency
Rules.
The
Directors of Marula are responsible for the contents of this
announcement. This announcement contains inside information for the
purposes of UK Market Abuse Regulation.
About Marula Mining
Marula Mining (AQSE: MARU) is an
African focused battery metals investment and exploration company
and has interests in several high value mine projects in Africa;
the Blesberg Lithium and Tantalum Mine and Korridor Lithium Project in South Africa, the Kinusi
Copper Mine, the Nyorinyori Graphite Project, the NyoriGreen
Graphite Project and the Bagamoyo Graphite Project all in Tanzania,
the Nkombwa Hill Project in Zambia and the Larisoro Manganese Mine
located in Kenya. As we advance operations at these battery metals
focused projects, Marula will continue to build and expand its
interests in other high-quality projects in Africa.
Marula's strategy is to identify and
invest in advanced and high-value mining projects throughout East,
Central and Southern Africa that the Directors believe would
deliver returns for its shareholders. The Board and management team
aims to establish Marula as a socially and environmentally
responsible, sustainable, and profitable producer of critical
metals and commodities that are of increasingly strategic
importance to modern technologies and the global economy. Marula's
shares are traded on the AQUIS Stock Exchange (AQSE), Marula is
exploring opportunities to admit its shares to trading on the
London Stock Exchange plc's Standard List, Kenya's Nairobi
Securities Exchange and South Africa's Johannesburg Stock
Exchange.
For enquiries
contact:
Marula Mining PLC
Jason Brewer,
Chief Executive Officer
Faith Kinyanjui Mumbi
Investor Relations
|
Email :
jason@marulamining.com
Email :
info@marulamining.com
|
AQSE Corporate Adviser
Cairn Financial Advisers
LLP,
Liam Murray / Ludovico
Lazzaretti
|
+44 (0)20
7213 0880
|
Broker Peterhouse Capital
Limited, Charles
Goodfellow / Duncan Vasey
|
+44 (0)20 7469
0930
|
Financial PR and IR
BlytheRay
Tim Blythe / Megan Ray / Said
Izagaren
|
+44 (0)20 7138 3204
|