Ascent Resources PLC has announced the completion of MBD Partners SA's strategic equity investment and provided an update on its total voting rights. The company has received payment of £1.5 million in relation to the investment and has issued MBD with 42,857,143 new ordinary shares at a price of 3.5 pence per share. Ascent expects to convene a general meeting soon to propose resolutions relating to the issue of new warrants. The Subscription Shares are expected to be admitted to trading on AIM on October 17, 2023. After the admission, the company will have 208,608,491 Ordinary Shares in issue, with no shares held in treasury. Shareholders can use this figure as the denominator for calculating their interest in the company.