TIDMCRA

RNS Number : 9457S

Cradle Arc PLC

28 June 2018

Cradle Arc Plc / EPIC: CRA.L / Market: AIM / Sector: Mining

28 June 2018

Cradle Arc plc

("Cradle Arc" or the "Company")

Results of AGM and Warrant Issue

Cradle Arc (AIM: CRA), the African focused base and precious metals exploration and production company, is pleased to announce that the resolutions proposed at its Annual General Meeting ("AGM") held earlier today, were duly passed.

Further to the Company's previous announcements of 5 June and 18 June 2018 and the passing of resolutions 7 and 8 at today's AGM, the 35,668,420 warrants previously agreed to be issued have now been duly allotted by the Board.

For further information on the Company, please visit www.cradlearc.com or contact:

 
 Cradle Arc plc          Tel: +44 (0)20 7637 5216 
  Kevin van Wouw 
  Mark Jones 
 Strand Hanson Limited   Tel: +44 (0)20 7409 3494 
  Angela Hallett 
  Matthew Chandler 
  James Dance 
 Tamesis Partners LLP    Tel: +44 (0)20 3882 2868 
  Richard Greenfield 
 Tavistock Limited       Tel: +44 (0)20 7920 3150 
  Charles Vivian 
  Gareth Tredway 
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

About Cradle Arc

AIM-quoted Cradle Arc plc is the 60 per cent. owner of the Mowana copper mine in Botswana, a fully operational open pit mine and processing facility located in the north-east of the country, approximately 120km northwest of Francistown.

The Company recently released a maiden open pit ore reserve estimate (Proved and Probable) of 31.8Mt at 1.17% Cu for 370,800 tonnes contained copper metal, based on a Dense Media Separation (DMS) mine plan.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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June 28, 2018 09:41 ET (13:41 GMT)

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