XML 225 R30.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Note 25 - Share Capital
 12 Months Ended
Dec. 31, 2023
Statement Line Items [Line Items]  
Disclosure of share capital, reserves and other equity interest [text block]

25

Share capital

 

Authorised

 

Unlimited number of ordinary shares of no par value.

Unlimited number of preference shares of no par value.

 

Issued ordinary shares

 

  

Number of
fully paid
shares

  

Amount

 

January 1, 2022

  12,756,606   82,667 

Shares issued:

        

- share-based payment - employees (note 12.1(a))

  76,520   804 

December 31, 2022

  12,833,126   83,471 

Shares issued:

        

- share-based payment - employees (note 12.1(a))

  24,389   351 

- equity raise*

  1,207,514   15,569 

- Bilboes Gold Limited acquisition (note 5)

  5,123,044   65,677 

December 31, 2023

  19,188,073   165,068 

 

*

Gross proceeds of $10,770 with a transaction cost of $846 were raised by issuing depository interests on the AIM of the London Stock Exchange

Gross proceeds of $5,850 with a transaction cost of $205 were raised by issuing depository receipts on the VFEX.

During quarter one of 2023, Mark Learmonth, Chief Executive Officer, and Toziyana Resources Limited, a company affiliated with Victor Gapare, executive Director of the Company, subscribed for 3,587 and 11,000 depositary interests respectively in the equity raise.