Aterian Plc (LSE: ATN) has approved the redemption and early conversion of a portion of its Convertible Loan Notes, resulting in the issue of 230,000 new ordinary shares at a conversion price of 25 pence per share. These shares will rank equally with existing shares, and their admission to trading is scheduled for 3 June 2026.

Following this, the company will have 19,100,000 Ordinary Shares in issue, with each carrying one voting right. Shareholders can use this figure for notification purposes under FCA regulations. Aterian Plc focuses on critical metal exploration and development across Africa, with projects in Morocco, Botswana, and Rwanda.