Exercise of warrants

 

Mendell Helium announces that it has received notice to exercise warrants over 1,000,000 new ordinary shares, comprising 500,000 new ordinary shares at an exercise price of 4 pence per share and 500,000 new ordinary shares at an exercise price of 3 pence per share, generating aggregate cash proceeds for the Company of £35,000.

 

Admission

 

Application has been made for 1,000,000 new ordinary shares to be admitted to trading on the Aquis Stock Exchange AQSE Growth Market (“Admission”). Admission is expected to occur at 8:00 a.m. on or around 16 April 2026. The new ordinary shares will rank pari passu with the existing Ordinary Shares.

 

Total Voting Rights

 

Following Admission, the Company’s enlarged share capital will comprise 150,241,306 Ordinary Shares of 1 pence each. Therefore, the total number of voting rights in the Company will be 150,241,306. 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 the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.