Please see attached a capital change notice detailing the issue of ordinary shares in Black Pearl Group Limited (NZX:BPG) .
Please also see attached a notice pertaining to the conversion of 10,000 unquoted warrants in Black Pearl Group Limited (Warrants) in accordance with the Warrant Terms of Issue. A total of 2,310,000 Warrants remain to be converted.
Each Warrant can be exercised at any point on or before the expiry date, being 25 May 2028, at an exercise price of $0.01 per Warrant. Each Warrant converts to one ordinary share in BPG upon exercise.
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