Corcel PLC has received notice of the conversion of a portion of its outstanding convertible loan notes, with 250,000 loan notes and associated interest being converted into 32,061,643 new ordinary shares of the Company. The principal balance of the convertible loans note following conversion is 750,000. Additionally, the Executive Chairman of Corcel Plc, Antoine Karam, who owns 45% of the lender, Extractions Premium & Mining Ltd, has seen changes in his shareholdings. The resultant Directors' shareholdings have been detailed, with the admission of the new shares to trading on AIM expected on or around 08 January 2024. The issued ordinary share capital will comprise 1,670,876,345 ordinary shares, with equal voting rights, and the total number of voting rights in the Company will be 1,670,876,345.