REG - Amur Minerals Corp - Result of General Meeting

Amur MineralsAnnouncement

25/05/2022 12:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220525:nRSY7883Ma&default-theme=true

RNS Number : 7883M  Amur Minerals Corporation  25 May 2022

25 May 2022

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Result of General Meeting

 

At the General Meeting of Amur Minerals Corporation ("Amur" or the "Company"),
the nickel-copper sulphide mineral exploration and resource development
company focused on the far east of Russia, held today at 10:00 a.m. The
following resolution was tabled and proxies attending the meeting were cast
and tabulated providing the final result that was verified by the registrar,
Link Asset Management: The resolution was:

 

·    That the disposal by the Company's subsidiary, Irosta Trading
Limited, of the entire issued share capital of AO «Kun-Manie» to Stanmix
Holding Limited, on the terms set out in the Circular posted to shareholders
on 9 May 2022 be approved.

 

The result was as follows:

 

               Votes For & Discretionary      %      Votes Against  %      Votes Total  % of Available voting rights*  Votes Withheld
 Resolution 1  85,306,972                     27.00  225,373,525    73.00  310,930,974  22.30                          250,477

* Available Voting Rights equals 1,392,872,315.

 

 

 

Robin Young, CEO of Amur, commented: "The shareholders have voted against the
offer for the Kun-Manie Project from Stanmix Holding Limited for US$105
million in aggregate. The total consideration offered was a significant
premium to the Company's most recent and current market capitalisation and in
line with an independent valuation report commissioned by the Board.  As
such, it was appropriate for the Board to call the General Meeting to provide
the shareholders with an opportunity to consider the resolution given the
current geopolitical setting related to the Russian Federation. Going forward,
Amur will endeavour to advance the Project per the terms of its Detailed
Exploration and Mining License as well as continue discussions with interested
and qualifying parties."

 

Terms used and not defined in this announcement shall have the same meanings
given to them in the Circular sent to shareholders on 9 May 2022.

 

Market Abuse Regulation (MAR) Disclosure)

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

 

 Company               Nomad and Broker                   Public Relations

 Amur Minerals Corp.   S.P. Angel Corporate Finance LLP   BlytheRay
 Robin Young CEO       Richard Morrison                   Megan Ray

                       Adam Cowl                          Tim Blythe
 +44 (0) 7981 126 818  +44 (0) 20 3470 0470               +44 (0) 20 7138 3203

 

For additional information on the Company, visit the Company's website,
www.amurminerals.com (http://www.amurminerals.com) .

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGSEWFSIEESEII