Lionsgold Nets GBP20,000 After Exercise Of Share Warrants (ALLISS)

20th Mar 2018 13:05

LONDON (Alliance News) - Lionsgold Ltd said Tuesday it issued 909,092 shares after warrants were exercised.

The gold exploration, production and retailer said the shares were exercised at 2.2 pence per share. In total, Lionsgold received GBP20,000 from the transaction.

The new shares are expected to be admitted to trading next Monday. After admission, Lionsgold will have 448.9 million shares outstanding. Lionsgold holds no shares in treasury.

Shares in Lionsgold were 7.7% higher at 2.73p on Tuesday.

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