Marula Mining Plc Exercise of Warrants

 
TIDMMARU 
 
Marula Mining PLC 
 
("Marula" or the "Company") 
 
23 January 2024 
 
Exercise of Warrants 
 
Marula Mining (AQSE: MARU), an African focused mining and development company, 
has received notification for the exercise of warrants over 162,500 new ordinary 
shares in the Company at an exercise price of 4 pence per share (the "Warrant 
Shares"), providing the Company with proceeds of £6,500. 
 
Admission 
 
Application has been made for the Warrant Shares to be admitted to trading on 
the Aquis Stock Exchange Growth Market on or around 29 January 2024 
("Admission") and will rank pari passu with the ordinary shares of the Company 
in issue. 
 
Total voting rights 
 
Following Admission, the Company's issued share capital will comprise 
171,080,403 ordinary shares of 0.01p each, with each share carrying the right to 
one vote, therefore the total number of voting rights in the Company will be 
171,080,403. This figure may be used by shareholders as the denominator for 
calculations by which they will determine if they are required to notify their 
interest in the Company, or a change to their interest in the Company, under 
theFinancial Conduct Authority'sDisclosure Guidance and Transparency Rules. 
 
The Directors of Marula are responsible for the contents of this announcement. 
This announcement contains inside information for the purposes ofUKMarket Abuse 
Regulation. 
 
About Marula Mining 
 
Marula Mining (AQSE: MARU) is an African focused battery metals investment and 
exploration company and has interests in several high value mine projects in 
Africa; the Blesberg Lithium and Tantalum Mine and Korridor Lithium Project in 
South Africa, the Kinusi Copper Mine, the Nyorinyori Graphite Project, the 
NyoriGreen Graphite Project and the Bagamoyo Graphite Project all in Tanzania 
and the Nkombwa Hill Project in Zambia. As we advance operations at these 
battery metals focused projects, Marula will continue to build and expand its 
interests in other high-quality projects in Africa. 
 
Marula's strategy is to identify and invest in advanced and high-value mining 
projects throughout East, Central and Southern Africa that the Directors believe 
would deliver returns for its shareholders. The Board and management team aims 
to establish Marula as a socially and environmentally responsible, sustainable, 
and profitable producer of critical metals and commodities that are of 
increasingly strategic importance to modern technologies and the global economy. 
 
Marula's shares are traded on the AQUIS Stock Exchange (AQSE), Marula is 
exploring opportunities to admit its shares to trading on the London Stock 
Exchange plc's Standard List or AIM Market, Kenya's Nairobi Securities Exchange 
and South Africa's Johannesburg Stock Exchange. 
 
For enquiries contact: 
 
+--------------------------------------+------------------------------+ 
|Marula Mining PLC                     |Email : jason@marulamining.com| 
|                                      |                              | 
|Jason Brewer,                         |Email : info@marulamining.com | 
|                                      |                              | 
|Chief Executive Officer               |                              | 
|                                      |                              | 
|Faith Kinyanjui Mumbi                 |                              | 
|                                      |                              | 
|Investor Relations                    |                              | 
+--------------------------------------+------------------------------+ 
|AQSE Corporate Adviser                |+44 (0)20 7213 0880           | 
|                                      |                              | 
|Cairn Financial Advisers LLP,         |                              | 
|                                      |                              | 
|Liam Murray / Ludovico Lazzaretti     |                              | 
+--------------------------------------+------------------------------+ 
|Broker                                |+44 (0)20 7469 0930           | 
|Peterhouse Capital Limited,           |                              | 
|Charles Goodfellow / Duncan Vasey     |                              | 
+--------------------------------------+------------------------------+ 
|Financial PR and IR                   |+44 (0)20 7138 3204           | 
|                                      |                              | 
|BlytheRay                             |                              | 
|                                      |                              | 
|Tim Blythe / Megan Ray / Said Izagaren|                              | 
+--------------------------------------+------------------------------+ 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END
(END) Dow Jones Newswires
January 23, 2024 11:30 ET (16:30 GMT)
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