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Ubuntu Mining&Metals - Issue of Shares following December funding receipt


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Ubuntu Mining and Metals Inc. · UNTU

20/05/2026 11:45

Ubuntu Mining&Metals - Issue of Shares following December funding receipt
RNS Number : 1226F
Ubuntu Mining and Metals Inc.
20 May 2026
 

Ubuntu Mining & Metals Inc.

("Ubuntu" or the "Company")

Issue of Shares following December funding receipt

Ubuntu Mining & Metals Inc. (AQSE: UNTU) is pleased to announce that further to the announcement of 23 December 2025, following the receipt of £250,000 placing proceeds, the Company will issue 100,000,000 ordinary shares of $0.0005 each ("Ordinary Shares"). Gathoni Muchai Investments Limited ("GMI"), a company controlled by Jason Brewer, Strategic Adviser to the Company, underwrote the fundraising.

Following the issue, the Strategic Adviser and Directors' holdings will be:


Ordinary Shares

Percentage Enlarged

Jason Brewer, Strategic Adviser

81,000,000

29.67%

Manish Shavadia, Chief Financial Officer

24,000,000*

8.79%

Eitan Yanuv, Non-Executive Director

-

-


* in process of being transferred to Manish Shavadia as beneficial owner


Application will be made for 100,000,000 new Ordinary Shares to be admitted to trading on the AQSE Growth Market and admission is expected to occur on or around 26 May 2026 ("Admission") and the new Ordinary Shares will rank pari passu with the Ordinary Shares of the Company in issue.

Total Voting Rights

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that it has 273,003,836 Ordinary Shares in issue, each share carrying the right to one vote.

The Company does not hold any Ordinary Shares in treasury.

The above figure of 273,003,836 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

The directors of the Company accept responsibility for the contents of this announcement.

 For further information:

Ubuntu Mining and Metals, Inc.

Eitan Yanuv, Non-Executive Chairman

Manish Shavadia, Chief Financial Officer

 

 

Tel: +972 54 5233 943

Tel: + 44 (0) 7572 305 844





AlbR Capital Limited (Aquis Corporate Adviser)

Tel: +44 (0) 20 7469 0930

 

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