VVV Resources Limited: Placing and Total Voting Rights (1478317)
03 November 2022 - 10:09AM
UK Regulatory
VVV Resources Limited (VVV) VVV Resources Limited: Placing and
Total Voting Rights 03-Nov-2022 / 09:09 GMT/BST Dissemination of a
Regulatory Announcement that contains inside information in
accordance with the Market Abuse Regulation (MAR), transmitted by
EQS Group. The issuer is solely responsible for the content of this
announcement.
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VVV Resources Limited
("VVV" or the "Company")
Placing and Total Voting Rights
VVV Resources Limited is pleased to announce that it has raised
GBP241,000, through the issue of 1,205,000 ordinary shares at a
price of 20 pence per new ordinary share, with a ¼ warrant
exercisable at 50 pence for 24 months. The net proceeds will be
estimated funds of about GBP241,000. The funds will be used to
further the Company's exploration activities, as recently outlined
in the interim results to 30 June 2022, announced on 2 November
2022.
Application has been made for the Placing Shares to trading on
the AQSE Growth Market and this is expected to occur on or around 9
November 2022.
Following the issue of the placing shares, the Company's
enlarged issued share capital will comprise 3,405,003 ordinary
shares. The Company does not hold any shares in treasury.
This figure of 3,405,003 ordinary shares may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules
The directors of the Company accept responsibility for the
contents of this announcement.
For further information please contact:
The Company
Mahesh s/o Pulandaran +65 6438 8995
AQSE Growth Market Corporate Adviser:
Peterhouse Capital Limited
+44 (0) 20 7469 0936
Guy Miller/Mark Anwyl
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ISIN: VGG9470B1004
Category Code: MSCM
TIDM: VVV
LEI Code: 213800OEUSH43X859D83
Sequence No.: 198588
EQS News ID: 1478317
End of Announcement EQS News Service
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