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Extension of Warrant Instrument

13th Oct 2025 08:50

RNS Number : 0911D
East Star Resources PLC
13 October 2025
 

13 October 2025

 

East Star Resources Plc

("East Star" or the "Company")

 

Extension of Warrant Instrument

 

East Star Resources Plc (LSE:EST), which is exploring for copper and gold in Kazakhstan, announces an extension of the expiry date of the 35,199,667 warrants with an exercise price of 3p due to expire on 15 October 2025 that were issued pursuant to the placing announced on 2 October 2023 (the "Warrants") for a period of two and a half months to 31 December 2025.

 

As a participant in the 2 October 2023 placing, Alex Walker, Chief Executive Officer of East Star, is a holder of 1,254,679 of the Warrants and abstained from the Board vote to approve the extension.

 

Contacts:

 

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 / Peter Jacob / Anna Stacey

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. East Star's management are based permanently on the ground, supported by local expertise. The Company is pursuing multiple exploration strategies:

 

· Volcanogenic massive sulphide (VMS) exploration, which to date includes a deposit with a maiden JORC MRE of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead, in an infrastructure-rich region, amenable to a low capex development

· Copper porphyry and epithermal gold exploration, with multiple opportunities for Tier 1 deposits, initially supported by an initial US$500k grant from BHP Xplor in 2024

 

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.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UK MAR"). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.

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