THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN REGULATION NO. 596/2014 (AS IT FORMS PART OF RETAINED EU LAW AS DEFINED IN THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) AND IS IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 7 OF THAT REGULATION.
15 November 2024
Eurasia Mining PLC
Result of AGM
Eurasia Mining PLC ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold mining company, announces the results of its Annual General Meeting held earlier today, where all resolutions were passed.
The votes were cast as follows:
|
Resolution |
Votes for |
% for |
Votes against |
% against |
Votes withheld |
|
1 - To receive and consider the audited accounts for the period ended 31 December 2023 together with the Directors' and the auditors' reports therein |
1,149,127,007 |
78.64 |
312,208,998 |
21.36 |
576,084 |
|
2 - To authorise the Directors to appoint the Grant Thornton LLP as auditors to the Company |
1,149,360,284 |
78.67 |
311,609,107 |
21.33 |
942,698 |
|
3 - To authorise the Directors to determine the remuneration of the auditors of the Company |
1,146,767,844 |
78.50 |
314,101,257 |
21.50 |
1,042,988 |
|
4 - To re-appoint Tamerlan Abdikeev as a Director, who retires for reappointment in accordance with Article 47.1.2 of the Company's Articles of Association |
1,138,407,304 |
77.98 |
321,401,580 |
22.02 |
2,103,205 |
|
5 - To re-appoint Kotaro Kosaka as a Director, who retires in accordance with Article 47.1.2 of the Company's Articles of Association |
1,446,076,176 |
99.09 |
13,310,890 |
0.91 |
2,525,023 |
|
6 - That, in accordance with section 551 of the Companies Act 2006, the Directors be generally and unconditionally authorised to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company ("Rights") up to an aggregate nominal amount of £300,000 |
1,139,047,205 |
78.02 |
320,973,302 |
21.98 |
1,891,582 |
|
7 - That the Directors be given the general power to allot equity securities pursuant to section 570 (as defined by section 560 of the 2006 Act) for cash, either pursuant to the authority conferred by resolution 6 or by way of a sale of treasury shares, as if section 561(1) of the 2006 Act did not apply to any such allotment, provided that this power shall be limited to the allotment of equity securities up to an aggregate nominal amount of £300,000 |
1,131,740,545 |
77.53 |
328,092,180 |
22.47 |
2,079,364 |
|
8 - To authorise the Directors, in accordance with the Company's Articles of Association, to call a general meeting of the Company, other than an annual general meeting, on not less than 14 clear days' notice |
1,148,580,906 |
78.61 |
312,546,308 |
21.39 |
784,875 |
Update regarding Queeld and Mispare share certificates
At a court hearing on Friday, 8 November 2024, a judgement was found in favour of Queeld and Mispare in the transfer of reissued share certificates to these parties. The shares are held in escrow and are to be transferred on 24 January 2025.
Christian Schaffalitzky, Chairman, commented: "I want to thank our shareholders for their continued support for our work and strategy. We are confident that our patience and persistence will bear fruit, as we continue to seek new options to generate value from our assets. I also observe that with a turnout of more than 50% on all resolutions, we are confident in that support."
For further information, please contact:
Eurasia Mining Plc
Christian Schaffalitzky
+44 (0)207 932 0418
SP Angel Corporate Finance LLP (Nomad and Broker)
Jeff Keating / David Hignell / Adam Cowl
+44 (0)20 3470 0470
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah
+44 (0)207 932 0418
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