/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE U.S./
LONDON, July 5, 2021 /CNW/ - Meridian Mining UK S
(TSXV: MNO) (Frankfurt: 2MM) (the
"Company") is pleased to report on the results of the Annual
General Meeting (the "Meeting") of shareholders held on
June 30, 2021 at 201 Bishopsgate,
London, United Kingdom.
At the Meeting the shareholders approved the number of directors
at five (5). Adrian McArthur, Gilbert
Clark, Charles Riopel,
John Skinner and Mark Thompson were elected as directors of the
Company for the ensuing year.
In addition, at the Meeting the shareholders approved:
- The re-appointment of KPMG, LLP Chartered Accountants as
auditors;
- The Company's Stock Option Plan;
- The authorization of the Board of Directors to allot up to 300
million shares in the capital of the Company; and
- The authorization of the Board of Directors to allot up to 300
million shares in the capital of the Company and the disapplication
of pre-emptive rights for such allotment.
These items are further detailed in the Management Information
Circular dated May 28, 2021. The 2020
annual accounts (which relate to standalone annual financial
statements required under UK corporate law and not the consolidated
annual financial statements previously filed pursuant to Canadian
securities laws) were not considered at the Meeting but rather the
Meeting was adjourned until Thursday, July
8, 2021 at 3:00 p.m.
(London UK time), at which time
the 2020 annual accounts will be considered and, if warranted,
approved.
On behalf of the Board of Directors of Meridian Mining UK S
Mr Gilbert Clark
Executive Chairman
Meridian Mining UK S
Email: info@meridianmining.net.br
Ph: +1 (778) 715-6410 (PST)
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Further information can be found at www.meridianmining.co
About Meridian
Meridian Mining UK S is focused on the acquisition, exploration
and development activities in Brazil. The Company is currently focused on
resource development of the Cabaçal VMS Copper-Gold project,
exploration in the Jaurú & Araputanga Greenstone belts located
in the state of Mato Grosso;
exploring the Espigão polymetallic project and the Mirante da Serra
manganese project in the State of Rondônia Brazil.
FORWARD-LOOKING STATEMENTS
Some statements in this news release contain forward-looking
information or forward-looking statements for the purposes of
applicable securities laws. These statements include, among others,
statements with respect to the Company's plans for exploration,
development and exploitation of its properties and potential
mineralisation. These statements address future events and
conditions and, as such, involve known and unknown risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the statements. Such risk factors include, among others,
failure to obtain regulatory approvals, failure to complete
anticipated transactions, the timing and success of future
exploration and development activities, exploration and development
risks, title matters, inability to obtain any required third party
consents, operating risks and hazards, metal prices, political and
economic factors, competitive factors, general economic conditions,
relationships with strategic partners, governmental regulation and
supervision, seasonality, technological change, industry practices
and one-time events. In making the forward-looking statements, the
Company has applied several material assumptions including, but not
limited to, the assumptions that: (1) the proposed exploration,
development and exploitation of mineral projects will proceed as
planned; (2) market fundamentals will result in sustained metals
and minerals prices and (3) any additional financing needed will be
available on reasonable terms. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise except as otherwise required by applicable securities
legislation.
The Company cautions that it has not completed any feasibility
studies on any of its mineral properties, and no mineral reserve
estimate or mineral resource estimate has been established.
Geophysical exploration targets are preliminary in nature and not
conclusive evidence of the likelihood of a mineral deposit.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release. Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Meridian Mining S.E.