REG - Arkle Resources PLC - Result of Annual General Meeting

Arkle ResourcesAnnouncement

30/07/2025 12:00

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RNS Number : 2141T  Arkle Resources PLC  30 July 2025

 

 

 

30 July 2025

 

Arkle Resources PLC

 

("Arkle" or the "Company")

 

Result of Annual General Meeting

 

Arkle Resources plc (AIM: ARK), is pleased to announce that all the
resolutions which were put to shareholders of the Company at the Annual
General Meeting held earlier today were duly passed.

 

The highlights of the presentation by the Company at the AGM are outlined
below:

 

Arkle has raised £500,000 at 0.3 pence per share.

 

The funds will be used to help develop Arkle's two areas of activity, base
metals, particularly zinc in Ireland and lithium / magnesium in Botswana.

 

Arkle's principal Irish asset, the Stonepark zinc discovery (5m tonnes plus),
has seen recent drilling activity. The Company's partner, Group Eleven
Resources Corp. ("Group Eleven"), identified what it believes is one of the
most prospective targets in Ireland in the Carrickittle area of the block.
This will be drilled later this year when the current Group Eleven Ballywire
drilling programme pauses. Ballywire is on the same trend as Carrickittle.
High grade zinc results are being reported by Group Eleven which has three
drill rigs working at the site.

 

At Arkle's second main area of activity, its lithium brines in Botswana, a
detailed drilling programme is being planned for the coming months. Lithium is
vital for future climate control. Arkle has 1,612sq km of ground and has
identified lithium and magnesium. Applying Direct Lithium Extraction (DLE) to
the brines recovers both magnesium and lithium. This technique is potentially
more efficient, environmentally friendly and cost effective than traditional
extraction methods.

 

 

 

ENDS

 

 

Enquiries:

 

 Arkle Resources PLC
 John Teeling, Chairman                 +353 (0) 1 833 2833
 Jim Finn, Finance Director             +353 (0) 1 833 2833

 SP Angel Corporate Finance LLP

Nominated Adviser & Joint Broker
 Matthew Johnson                        +44 (0) 203 470 0470
 Adam Cowl

 First Equity Limited
 Joint Broker
 Jason Robertson                        +44 (0) 207 374 2212

 BlytheRay                              +44 (0) 207 138 3204
 Megan Ray

 Teneo
 Luke Hogg                              +353 (0) 1 661 4055
 Molly Mooney

 

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