Sunrise Resources (GB:SRES) has released an update.
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Sunrise Resources Plc has announced the conversion of £40,000 of its First Convertible Security into 133,333,333 new ordinary shares, with an expected trading admission on the AIM market around May 30, 2024. Post-conversion, the remaining face value of the First Convertible Security will be £85,000. Consequently, the total number of shares and voting rights in the company will increase to 4,408,647,363.
For further insights into GB:SRES stock, check out TipRanks’ Stock Analysis page.