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Jangada Mines PLC ( (GB:JAN) ) has shared an announcement.
Jangada Mines Plc has issued 16,666,666 new ordinary shares following the exercise of warrants, generating gross proceeds of £166,666.66. The new shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 677,982,987 ordinary shares. This development may impact shareholder calculations regarding their interest in the company’s share capital under the FCA’s Disclosure Guidance and Transparency Rules.
More about Jangada Mines PLC
Jangada Mines Plc is a natural resource development company listed on the AIM of the London Stock Exchange, with assets in Brazil. The company focuses on advancing its portfolio projects, including the Paranaíta Gold Project and the Pitombeiras vanadium titanomagnetite Project. It aims to leverage its in-country and geological expertise to identify and acquire additional projects to build shareholder value. The Paranaíta Gold Project is a gold-rich porphyry-epithermal system with potential for a large-scale gold deposit, while the Pitombeiras project has demonstrated potential to be a profitable vanadium titanomagnetite producer.
Average Trading Volume: 12,149,154
Technical Sentiment Signal: Buy
Current Market Cap: £11.41M
For detailed information about JAN stock, go to TipRanks’ Stock Analysis page.