REG - Landore Resources Ld - Exercise of Warrants and Issue of Equity
17 October 2025
Landore Resources Limited
Exercise of Warrants and Issue of Equity
London, United Kingdom - 17 October 2025 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") announces that it has received certain notices to exercise warrants over, in aggregate, 882,500 new ordinary shares (the "Warrant Shares"), for a total consideration of £21,180.
Application has been made to the London Stock Exchange for admission of the Warrant Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the Warrant Shares will commence, subject to receipt of the Warrant Shares consideration, on or around 22 October 2025. The Warrant Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing issued ordinary shares.
Following Admission, the Company's issued share capital will consist of 335,907,332 ordinary shares with voting rights. Landore Resources does not hold any ordinary shares in treasury. This figure of 335,907,332 may therefore be used by shareholders 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's share capital under the FCA's Disclosure Guidance and Transparency Rules.
Engage with us by asking questions, watching video summaries and seeing what other shareholders have to say on our Interactive Investor hub here: Landore Resources Investor Hub
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For further information, please contact: Landore Resources Limited Alexander Shaw (CEO) or engage with the company directly | contact@landore.com https://investors.landore.com/s/051b30 |
Strand Hanson Limited (Nominated Adviser and Joint Broker) James Dance/Matthew Chandler/Harry Marshall | Tel: 020 7409 3494 |
AlbR Capital Limited (Joint Broker) Colin Rowbury | cr@albrcapital.com Tel: 020 7469 0930 |
Hannam & Partners (Joint Broker) Andrew Chubb/Matt Hasson | Tel: 020 7907 8500 |
Burson Buchanan (Financial PR) Bobby Morse/Oonagh Reidy | landore@buchanancomms.co.uk Tel: 020 7466 5000 |
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About Landore Resources
Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has an NI 43-101 compliant resource estimate of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t; Inferred: 467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold producing province, and produced 3.9m oz, accounting for 41% of Canada's total gold production in 2023. Landore Resource's strategic objective is to crystallise value from BAM Gold's last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.
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