Reveille Resources raises funds through warrant exercise ahead of Aquis share admission

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Andrey Mastykin

1 hour ago

Reveille Resources raises funds through warrant exercise ahead of Aquis share admission — Reveille Resources raises funds

Reveille Resources is expanding its share capital after receiving notice to exercise warrants linked to 955,949 new ordinary shares. The move brings in gross proceeds of £95,594.90 and is expected to increase the company's total voting rights to 83,755,465 once the new shares are admitted to trading.

Highlights

Reveille Resources raises gross proceeds of £95,594.90 through the exercise of warrants at 10 pence per share, issuing 955,949 new shares.
The 955,949 warrant shares will be admitted to trading on the Aquis Growth Market, with admission expected on or around 13 November 2026.
Post-admission, Reveille Resources' issued ordinary share capital and total voting rights will be 83,755,465, with no shares held in treasury.

Warrant exercise and admission timeline

As reported by London Stock Exchange, Reveille Resources says the warrants are exercised at 10 pence per share, resulting in the issue of 955,949 new ordinary shares of 1 pence each. The uranium exploration and development company, which is focused on Italy's largest uranium deposits, says the exercise raises gross proceeds of £95,594.90.

The company says it will apply for the new shares, referred to as warrant shares, to be admitted to trading on the Aquis Growth Market. Admission is anticipated on or around 13 November 2026.

Voting rights and shareholder implications

Once admission takes effect, Reveille Resources says its issued ordinary share capital will consist of 83,755,465 ordinary shares. Each ordinary share carries one voting right, and the company says it does not hold any shares in treasury.

That means the total number of ordinary shares and voting rights in issue from admission will also be 83,755,465. The company says shareholders may use that figure as the denominator when calculating whether they must notify an interest, or a change in an interest, under the FCA's Disclosure Guidance and Transparency Rules.

Previously, we outlined the main factors behind Chariot Claims funding as the legal-tech investment cycle remained strong.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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