25th Nov 2025 10:30
25 November 2025
Blencowe Resources Plc
("Blencowe" or the "Company")
Publication of Prospectus
Blencowe Resources Plc is pleased to announce that it has today published a Prospectus for the issue of an aggregate of 11,142,265 New Ordinary Shares in connection with the exercise of 5,583,334 warrants ("Warrant Shares") for gross proceeds of £297,500 and 5,558,931 shares to be issued to advisers and consultants ("Adviser Shares") in lieu of fees.
The Company's headroom pursuant to the prospectus rules (which is 20% of its issued share capital on a rolling 12-month basis) was exhausted following the exercise of warrants and capital raises in 2025. The publication of the Prospectus by the Company has now refreshed the headroom should investors elect to exercise warrants in the future. The Company has raised £937,500 from the exercise of warrants since October 2025.
A copy of the Prospectus has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. A copy will also be made available on www.blencoweresourcesplc.com
Application to listing and trading
The Company will make an application for the 11,142,265 New Ordinary Shares to be admitted to trading on the Equity Shares (transition) category of the Official List and the Main Market of the London Stock Exchange at 8.00 a.m. on 28 November 2025.
Total Voting Rights
The Company hereby notifies the market, in accordance with the FCA's Disclosure Guidance and Transparency Rule, that on Admission, the Company's expected issued share capital will consist of 405,330,172 Ordinary Shares, each with one vote. The Company does not hold any Ordinary Shares in Treasury. On Admission, the total number of voting rights in the Company is expected to be 405,330,172 and this 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 FCA's Disclosure Guidance and Transparency Rules.
Blencowe Resources Plc Sam Quinn |
www.blencoweresourcesplc.com Tel: +44 (0)1624 681 250 |
Investor Relations Sasha Sethi | Tel: +44 (0) 7891 677 441 |
Tavira Financial Jonathan Evans | Tel: +44 (0)20 3192 1733 |
Related Shares:
Blencowe Resources