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Blencowe Resources Issues 12 Million DFS Performance Shares Ahead of LSE Admission

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Blencowe Resources Issues 12 Million DFS Performance Shares Ahead of LSE Admission

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The latest update is out from Blencowe Resources Plc ( (GB:BRES) ).

Blencowe Resources Plc has issued 12,000,000 new ordinary shares as DFS Performance Shares, following the vesting of its Definitive Feasibility Study-related performance options completed and published on 1 December 2025. These new shares, which are subject to a 12-month lock-up for all holders, will be admitted to trading on the Equity (Transition) segment of the London Stock Exchange’s main market on 12 January 2026, increasing the company’s issued share capital to 477,295,645 ordinary shares and slightly diluting existing shareholders while aligning key directors and consultants more closely with the company’s long-term performance through enlarged equity stakes.

Spark’s Take on GB:BRES Stock

According to Spark, TipRanks’ AI Analyst, GB:BRES is a Underperform.

Blencowe Resources Plc faces significant financial instability with zero revenue, consistent losses, and negative cash flows, which weigh heavily on the stock’s overall score. While technical indicators suggest a bearish outlook, recent corporate developments, including funding and strategic agreements, provide some potential for future growth. However, the current financial and operational challenges dominate the evaluation, resulting in a low overall stock score.

To see Spark’s full report on GB:BRES stock, click here.

More about Blencowe Resources Plc

Blencowe Resources Plc is a London-listed company operating in the natural resources sector, focusing on the exploration and development of mineral projects, with its shares traded on the main market of the London Stock Exchange.

Average Trading Volume: 5,410,151

Technical Sentiment Signal: Buy

Current Market Cap: £35.24M

Learn more about BRES stock on TipRanks’ Stock Analysis page.

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