6
June 2024
Lexington
Gold Ltd
("Lexington Gold" or the "Company")
Trading facility for unlisted
Warrants on JP Jenkins
Lexington Gold (AIM: LEX), the gold
exploration and development company with projects in South Africa
and the USA, is pleased to announce that the Company's existing
unlisted 10 pence warrants expiring on 20 July 2026
(the "2026
Warrants"), full details of which were announced on 10 July
2023, are to be admitted to trading on JP Jenkins' securities
matching platform with effect from 6 June 2024.
JP Jenkins provides a securities
matching venue for unlisted or unquoted assets in companies,
thereby enabling, inter
alia, warrantholders to buy and sell their warrants on a
matched bargain basis. JP Jenkins is a trading name of
InfinitX Limited which is an Appointed Representative of Prosper
Capital LLP (FRN453007).
Holders of the 2026 Warrants who
wish to trade their securities can do so and place limits via their
stockbroker with trades conducted at a level that JP Jenkins is
able to match a willing seller and a willing buyer during normal
business hours.
Indicative pricing for the 2026
Warrants (ISIN: BMG5479L1155), as well as a transaction history,
will be made available on JP Jenkins' website at:
https://jpjenkins.com/company/lexington-gold-ltd/.
Ed Nealon, Lexington Gold's
Non-Executive Chairman, commented:
"We are delighted to announce
that the warrants issued as part of our July 2023 fundraise will
now be capable of being traded on JP Jenkins' platform. This
facility provides our warrantholders with an efficient and
accessible venue to potentially trade their securities. The JP
Jenkins platform provides transparency and convenience such that
our warrantholders can trade with confidence."
Veronika Oswald, Commercial Director of JP Jenkins,
commented:
"We
are delighted to welcome Lexington Gold to our growing list of
companies that are able to trade their instruments via our venue.
We are looking forward to supporting Lexington Gold in their
journey of providing a liquidity solution to their warrant
holders."
Details of the 2026 Warrants on JP
Jenkins' platform will be as follows:
TICKER:
|
LEXW
|
Class:
|
Warrants
|
No. of Warrants in issue:
|
50,663,639 warrants
|
Warrant exercise price:
|
10 pence
|
Warrant expiry date:
|
20 July 2026
|
Currency:
|
GBX
|
ISIN:
|
BMG5479L1155
|
JP Jenkins' contact details
are:
Tel: + 44 (0)20 7469 0937
Email: info@jpjenkins.com.
For further information, please
contact:
Lexington Gold Ltd
Bernard Olivier (Chief Executive
Officer)
Edward Nealon (Chairman)
Mike Allardice (Group Company
Secretary)
|
www.lexingtongold.co.uk
via Yellow
Jersey
|
Strand Hanson Limited (Nominated
Adviser)
Matthew Chandler / James Bellman /
Abigail Wennington
|
www.strandhanson.co.uk
T: +44 207
409 3494
|
WH Ireland Limited (Joint
Broker)
|
www.whirelandplc.com
|
Katy Mitchell
|
T: +44 207
220 1666
|
Peterhouse Capital Limited (Joint
Broker)
Duncan Vasey / Lucy Williams
(Broking)
Eran Zucker (Corporate
Finance)
|
www.peterhousecap.com
T: +44 207
469 0930
|
Yellow Jersey PR Limited (Financial
Public Relations)
Charles Goodwin / Annabelle
Wills
|
www.yellowjerseypr.com
T: +44
7747 788 221
|
The information contained within this announcement is deemed
by the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018, as amended by virtue of the Market Abuse
(Amendment) (EU Exit) Regulations 2019.
Note to Editors:
Lexington Gold (AIM: LEX) is a gold
exploration and development company currently holding interests in
four diverse gold projects, covering a combined area of
approximately 1,675 acres in North and South Carolina, USA and in
five gold projects covering approximately 89,505 hectares in South
Africa.
Further information is available on
the Company's website: www.lexingtongold.co.uk
or follow us through our social media
channel:
X(formerly known as Twitter):
@LexGoldLtd
Neither the contents of the
Company's website nor the contents of any website accessible from
hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of, this announcement.