Lionsgold Limited (AIM:LION) Exercise of Warrants and Director/PDMR Holdings


Exercise of Warrants and Director/PDMR Shareholdings

Lionsgold (LSE: LION), the gold company focused on the exploration, production and retail application of physical gold, including the development of the gold currency Goldbloc®, announces that it has received notices of exercise in respect of warrants to subscribe for new ordinary shares of no par value each (“Ordinary Shares”) at a price per share as listed below (the “New Ordinary Shares”).

Number of Warrants

Exercise Price



The Company has therefore issued and allotted 20,000,000 New Ordinary Shares for the receipt of £240,000. The New Ordinary Shares rank pari-passu with existing Ordinary Shares and will be admitted to trading on AIM when the current suspension is lifted.

In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the FCA (“DTRs”), the issued ordinary share capital of Lionsgold following the issue of the New Ordinary Shares is 532,459,296 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury, therefore this figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Lionsgold under the DTRs.

Director/PDMR Shareholdings

Included in the New Ordinary Shares figures set out above, Yarramen Corp Limited, which is owned by a family trust of Lionsgold’s CEO Cameron Parry, exercised warrants to subscribe for 5,000,000 New Ordinary Shares. Also included in the above table, 6,000,000 warrants were exercised by Lionsgold’s Global Strategy Consultant, Mr Alan Davies, 500,000 warrants were exercised by Lionsgold’s CFO, Mr Adam Ronaldson, and 500,000 warrants were exercised by Goldbloc Limited’s CEO, Mr Ralph Hazell.



Lionsgold is a London Stock Exchange AIM market quoted, gold-focused company involved in the exploration, production and retail application of physical gold, with gold assets in India and Finland and a wholly owned financial technology company developing the digital gold currency, Goldbloc®.

Lionsgold’s three core focuses are:

·     Strategic partnership with leading India gold exploration and mine development company, Geomysore, in which Lionsgold holds 21.65%;

·     Developing the digital gold currency Goldbloc® under its wholly owned financial technology division and 12.5% holding in Railsbank Technology Ltd, to enable customers to utilise direct ownership of physical gold via the global banking system (; and

·     Gold exploration and production in Finland via 30% ownership of Finnish joint venture.

Full RNS Link Here 


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