30th Apr 2026 17:03
30 April 2026
East Star Resources Plc
("East Star" or the "Company")
Exercise of Warrants
East Star Resources Plc (LSE: EST), the Kazakhstan-focused gold and copper explorer, announces it has received a warrant exercise notice to convert 446,538 warrants with an exercise price £0.03 into 446,538 new ordinary shares of £0.01 each in the Company ("Ordinary Shares") (the "Warrant Shares"). The Company has received gross proceeds in respect of the Warrant Shares of £13,396.14
Admission
Application has been made for the Warrant Shares to be admitted to trading on the main market for listed securities of the London Stock Exchange, and admission of the Warrant Shares is expected to occur on or around 7 May 2026 ("Admission"). The Warrant Shares will rank pari passu with the existing Ordinary Shares.
For the purpose of the Disclosure and Transparency Rules, following Admission, the enlarged issued share capital of the Company will comprise 550,012,922 Ordinary Shares. The Company does not hold any shares in treasury. The above figure may 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, under the Disclosure and Transparency Rules.
Enquiries
East Star Resources Plc
Alex Walker, Chief Executive Officer
Tel: +44 (0)20 7390 0234 (via Vigo Consulting)
SI Capital (Corporate Broker)
Nick Emerson
Tel: +44 (0)1483 413 500
Vigo Consulting (Investor Relations)
Ben Simons / Seb Weller
Tel: +44 (0)20 7390 0234
About East Star Resources Plc
East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. The Company is pursuing multiple exploration strategies including:
· | A joint venture with Hong Kong Xinhai Mining Services Limited to take the Verkhuba Deposit (20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead) into production (at no further cost to East Star) with East Star retaining 30% ownership in production |
· | A second VMS Exploration Target with up to 23Mt @ 2.4% copper equivalent in the same region, with numerous other targets being advanced to drill-ready status |
· | A $25 million+ strategic gold exploration joint venture with Endeavour Mining |
· | Tier 1 potential copper porphyry targets and epithermal gold targets in a proven copper porphyry and epithermal belt |
Visit our website:
www.eaststarplc.com
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/east-star-resources/
X: https://x.com/EastStar_PLC
Subscribe to our email alert service to be notified whenever East Star releases news:
www.eaststarplc.com/newsalerts
The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.
Related Shares:
East Star Reso