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Tectonic Gold Plc - Drill Warrant Notice
PR Newswire
Drill Warrant Notice
Tectonic Gold plc (TDIM: TTAU), is providing formal notification to Drill Warrant holders that on the back of successful initial drilling results the September 2020, the 0.7p warrants are being called. The company has worked with warrant holders to secure approximately £500,000 in new capital from the conversion of approximately 70 million warrants. Unconverted warrants will be rolled to February 2022 with the exercise price reset to 1.4p.
Warrant Notice Highlights:
Indicative demand from warrant holders of approximately £500,000
Fully funds next phase of technical program
Appointment of Geos Mining mineral consultants to conduct independent modelling ....

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