Jangada Mines PLC Result of General Meeting (7354H)
02 August 2019 - 7:45PM
UK Regulatory
TIDMJAN
RNS Number : 7354H
Jangada Mines PLC
02 August 2019
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector:
Mining
2 August 2019
Jangada Mines plc ("Jangada" or the "Company")
Result of General Meeting
Jangada Mines plc, a natural resources company, is pleased to
announce that, at the General Meeting held earlier today, the
Resolution put forward relating to the disposal of the entity that
holds the Pedra Branca Project to ValOre, as set out in the
circular posted to Shareholders on 17 July 2019 (the "Circular"),
has been duly approved. As such, the Disposal will now proceed,
subject to satisfaction of the remaining Conditions, on the terms
set out in the Share Purchase Agreement. Further updates will be
provided on the progress of the Disposal, which is expected to
complete by the end of Q3 2019, as and when appropriate.
Please refer to the Circular for further information on the
Disposal.
Unless otherwise defined, capitalised terms are as per the
definitions section in the Circular.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
For further information, please visit www.jangadamines.com or
contact:
Jangada Mines plc Brian McMaster (Chairman) Tel: +44 (0) 20 7317
6629
Strand Hanson Limited James Spinney Tel: +44 (0)20 7409
(Nominated & Financial Ritchie Balmer 3494
Adviser) Jack Botros
Brandon Hill Capital Jonathan Evans Tel: +44 (0)20 3463
(Broker) Oliver Stansfield 5000
St Brides Partners Isabel de Salis Tel: +44 (0)20 7236
Ltd Gaby Jenner 1177
(Financial PR)
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END
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