Jubilee Metals Group Plc (JSE:JBL) News - Exercise of warrants

 Jubilee Metals Group Plc
 Registration number (4459850)
 Altx share code: JBL
 AIM share code: JLP
 ISIN: GB0031852162
 ("Jubilee" or the "Company” or the “Group”)


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Exercise of Warrants

Jubilee, the AIM and Altx traded metals processing company announces that it has received notification
from two warrant holders to exercise existing warrants to subscribe for 1 464 156 new ordinary shares
of the Company ("the Warrant Shares"), representing approximately 0.06% of the enlarged issued share
capital of Jubilee, at a price of 6.12 pence (ZAR 1.23 cents) per Warrant Share. The exercise of Warrant
Shares amounts, in aggregate, to a cash value of £ 89 606 (ZAR 1 806 222).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE
Limited on or about 1 August 2022 and will rank pari passu with the ordinary shares of the Company in
issue.

Total voting rights

The Company's total issued capital, after the issue of the Warrant Shares, will be 2 658 515 526 ordinary
shares. As the Company does not hold any shares in Treasury, this figure 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
following Admission.

United Kingdom

26 July 2022



For further information visit www.jubileemetalsgroup.com or contact:


Jubilee Metals Group PLC
Leon Coetzer
Tel: +27 (0) 11 465 1913


Nominated Adviser – SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555

Joint Broker - Berenberg
Matthew Armitt/Jennifer Lee/Detlir Elezi
Tel +44 (0) 20 3207 7800
Joint Broker – Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Tel +44 (0) 20 7186 9900


Joint Broker – WHIreland
Harry Ansell/Katy Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618


PR & IR Adviser – Tavistock
Jos Simson/ Gareth Tredway/Charles Vivian
Tel: +44 (0) 207 920 3150


26 July 2022

JSE Sponsor to Jubilee
Questco Corporate Advisory Proprietary Limited
Sharon Owens
T: +27 (11) 011 9212

Date: 26-07-2022 08:00:00
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