3rd Dec 2025 07:00
3 December 2025
Golden Prospect Precious Metals Limited
(the "Company")
Further re Result of subscription rights exercise for Ordinary Shares
Further to the announcement released on 2 December 2025, the Company confirms that the 3,718,555 new Ordinary Shares arising in respect of Subscription Rights not exercised were placed in full by Cavendish Capital Markets Limited at a price of 83p.
Accordingly, the Company announces that it will be issuing and allotting 14,585,929 Ordinary Shares, subject to admission to trading. Application will be made for the new Ordinary Shares to be admitted to trading on The International Stock Exchange ("TISE") and to trading on the London Stock Exchange's SETSqx platform. It is expected that dealings will commence at 8.00 a.m. on 9 December 2025.
Amounts payable to Shareholders who did not exercise some or all of their Subscription Rights will be communicated in due course.
For further information, please contact:
Manulife | CQS Investment Management | Craig Cleland | T: +44 (0) 20 7201 5368 |
Cavendish Capital Markets Limited | Robert Peel / Oscar Valeur-Adu (Corporate Finance) - Corporate Broker | T: +44 (0) 20 7908 6000 |
| Daniel Balabanoff / Pauline Tribe (Sales) |
About Golden Prospect Precious Metals
Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006. The Company's investment objective is to provide Shareholders with capital growth from a portfolio of companies involved in the precious metals sector. For the latest factsheet and other information, click here.
Related Shares:
Golden Pros