Corcel PLC has announced the exercise of 5,000,000 warrants at a price of 0.0035 per share, resulting in gross proceeds of 17,500. The company has issued 5,000,000 new ordinary shares as a result. Application for the new shares to be admitted to trading on AIM is underway, with an expected admission date of around 15 January 2024. Following the issuance, the company's total issued ordinary share capital will be 1,675,876,345 ordinary shares, all with equal voting rights and none held in Treasury. Shareholders can use this figure as the denominator for calculations related to their interests in the company.