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| Date | 16 May 2023 |
| Time | 07:00:09 |
| Category | Miscellaneous |
| ID | 5066Z |
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
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Dylan Browne +61(8) 9322 6322 |
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Nominated Adviser on AIM |
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RFC Ambrian |
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Andrew Thomson |
+61 8 9480 2500 |
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Joint Brokers |
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Berenberg |
+44 20 3207 7800 |
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Matthew Armitt |
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Jennifer Lee |
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Optiva Securities |
+44 20 3137 1902 |
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Daniel Ingram |
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Mariela Jaho |
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Christian Dennis |
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