tiprankstipranks

Upland Resources Strengthens Cash Position with Warrant Exercise

Story Highlights
Upland Resources Strengthens Cash Position with Warrant Exercise

An update from Upland Resources ( (GB:UPL) ) is now available.

Upland Resources Limited, a company listed on the London Stock Exchange, has announced the exercise of 24,583,332 warrants, generating proceeds of £295,000. This financial move is part of the company’s strategy to maintain a strong cash position throughout 2025. The new Ordinary Shares are expected to be admitted to the Official List and begin trading on the London Stock Exchange’s Main Market within seven days. This development will increase the total number of Ordinary Shares in issue to 1,394,388,603, impacting shareholder calculations for interest notifications according to FCA rules.

More about Upland Resources

YTD Price Performance: 36.36%

Average Trading Volume: 7,097,574

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £20.55M

Find detailed analytics on UPL stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App