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Chesterfield Resources PLC announced its final results for the year ended 31 December 2021. The company agreed to issue an employee options over 100,000 Ordinary Shares of 0.1p each, vesting immediately and expiring on 3 January 2026 with an exercise price of 7p. Following this, the company's capital structure includes 130,328,311 shares outstanding and 15,305,000 incentive options, totaling a fully diluted capital of 167,827,200.
| Date | 28 Apr 2022 |
| Time | 07:00:07 |
| Category | Results |
| ID | 6109J |
Chesterfield Resources / EPIC: CHF / Market: LSE / Sector: Mining
28 April 2022
Final Results and Options
Final Results
Chesterfield Resources plc is pleased to announce its final results for the year ended 31 December 2021. The Annual Report will be available later today to view on the company's website at www.chesterfieldresourcesplc.com.
The Company will post the Annual Report to shareholders and provide notice for its Annual General Meeting in the coming weeks.
Options
Chesterfield Resources plc has agreed to issue an employee with options over a total of 100,000 Ordinary Shares of 0.1p each in the capital of the Company. These options will vest immediately and will expire on 3 January 2026 with an exercise price of 7p.
Capital Structure
After the issuance of the above options the capital structure is as follows:
|
Shares outstanding |
130,328,311 |
|
Incentive options |
15,305,000 |
|
Broker warrants |
1,093,889 |
|
Investor warrants |
10,000,000 |
|
Altius Minerals warrants |
11,100,000 |
|
Fully diluted capital |
167,827,200 |
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
**ENDS**
For further information, please visit www.chesterfieldresourcesplc.com or contact:
Chesterfield Resources plc:
Martin French, Executive Chairman Tel: +44(0) 7901 552277
Panmure Gordon (UK) Limited (Joint Broker): Tel: +44 (0)207 886 2500
John Prior & Hugh Rich
First Equity Limited (Joint Broker) Tel: +44 (0)207 330 118
Jason Robertson