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Pathfinder Minerals Plc announced it has raised approximately £1.275 million (before expenses) through the subscription and issue of 425,000,000 new ordinary shares at 0.30 pence each. Application has been made for these shares to be admitted to AIM around 27 December 2023, after which the Company will have a total of 1,057,494,834 ordinary shares in issue, each with one voting right.
| Date | 22 Dec 2023 |
| Time | 09:56:21 |
| Category | Miscellaneous |
| ID | 7830X |
22 December 2023
Pathfinder Minerals plc
("Pathfinder" or the "Company")
Subscription to raise £1.275 million
and
Total Voting Rights
Pathfinder Minerals PLC (AIM: PFP), an AIM Rule 15 cash shell, announces that further to the announcement made on the 29 November, Pathfinder has raised approximately £1.275 million (before expenses) by way of a subscription of through the issue of 425,000,000 new ordinary shares of 0.1 pence each in the Company at 0.30 pence per new Ordinary Share. The Company has made application for 425,000,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on or around 27 December 2023.
Total voting rights
On Admission, the Company will have 1,057,494,834 ordinary shares of 0.1 pence each in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company's total number of ordinary shares in issue and voting rights will be 1,057,494,834 and this figure may be used by shareholders from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Pathfinder Minerals Plc
Paul Barrett, Executive Director
Tel. +44 (0)20 3143 6748
Allenby Capital Limited (Nominated Adviser and Broker)
John Depasquale / Vivek Bhardwaj (Corporate Finance)
Stefano Aquilino / Joscelin Pinnington (Sales & Corporate Broking)
Tel. +44 (0)20 3328 5656