Sharenet Sites 
Sharenet Sites
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”)
Updates to Share Register and Exercise of Warrants
Jubilee announces that further to the announcement on 15 January 2021, it has registered the new
institutional investors onto its share register, including Jupiter Asset Management Limited which now
holds 3.65% of the Company’s shares in issue. The total shares held by significant institutional investors
in Jubilee has reached 45% of the total issued capital, reflecting strong institutional support.
The Company has also received notification from a warrant holder to exercise 4 000 000 existing
warrants in the Company (the “Warrant Shares"). The Warrant Shares have been exercised at a
weighted average price of 3.4 pence (ZAR 70.66 cents) per Warrant Share amounting to a cash value of
£ 136,000 (ZAR 2,826,270).
The Warrant Shares, representing 0.18 % of the enlarged issued share capital of Jubilee, will be traded
in the market and placed with institutional shareholders to satisfy on-going institutional demand.
Leon Coetzer, Chief Executive Officer, commented: “ The continued support we are experiencing from
institutional investors is extremely encouraging and again highlights the successful implementation of
our strategy to date and more importantly the opportunity for investors going forward.
“Jubilee’s share register now includes some 45% held by institutional shareholders which reflects and
confirms the Company’s successful development and growth potential.
“We have experienced a very positive start to 2021 operationally including the construction of a new 80
000 tonne per month chrome operation adjacent to Inyoni’s PGM operation which is on track to
commence with commissioning during Q1 2021. The further expansion of the Inyoni PGM operations is
progressing well and I invite shareholders to view the progress on our website.
“This expansion of our South African operations together with the targeted significant ramp up of our
copper operation in Zambia is expected to continue to grow Jubilee's record H2 2020 earnings.”
Website Updates
The Jubilee website has recently been updated to reflect the development and construction progress
across the Company’s projects as well as continuing updates being made to the library of images at the
projects. The Company’s website has also been updated with a summary of its significant shareholdings.
Further information can be found at www.jubileemetalsgroup.com
Admission and Total Voting Rights
The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE
Limited on or about 03 February 2021 (“Admission”) and will rank pari passu with the ordinary shares
of the Company in issue.
The Company's total issued capital, after the issue of the Warrant Shares, will be 2 238 588 079 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
28 January 2021
For further information visit www.jubileemetalsgroup.com or contact:
Jubilee Metals Group PLC
Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Nominated Adviser - SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555
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
JSE Sponsor - Sasfin Capital (a member of the Sasfin group)
Sharon Owens
Tel +27 (0) 11 809 7500
PR & IR Adviser - St Brides Partners Limited
Catherine Leftley/Beth Melluish
Tel +44 (0) 20 7236 1177
Date: 28-01-2021 03:47:00
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