REG - Capital Metals PLC - Result of Annual General Meeting

Capital MetalsAnnouncement

23/09/2025 14:00

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RNS Number : 4897A  Capital Metals PLC  23 September 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

23 September 2025

 

Capital Metals PLC

 

("Capital Metals" or the "Company")

 

Result of Annual General Meeting

 

Capital Metals (AIM: CMET), a mineral sands company approaching mine
development stage at the high-grade Taprobane Minerals Project in Sri Lanka
(the "Project"), announces that at the Annual General Meeting ("AGM") held
earlier today all the resolutions put to the meeting were duly approved by
shareholders.

 

The numbers of votes for each resolution are presented below:

 

     Ordinary Resolution                                                             For          %        Against    %       Withheld
 1.  To receive and consider the audited Statement of Accounts and the Reports of    205,502,075  99.995%  10,141     0.005%  4,031
     the Directors and the Auditor of the Company for the year ended 31 March 2025
 2.  To re-appoint Mr Savanth Laleen Sebastian as a director                         204,687,075  99.60%   825,141    0.40%   4,031
 3.  To re-appoint Mr Aravinda De Silva as a director                                205,438,075  99.96%   78,141     0.04%   31
 4.  To re-appoint Mr James Leahy as a director                                      205,434,075  99.96%   78,141     0.04%   4,031
 5.  To re-appoint PKF Littlejohn LLP as auditors and to authorise the Directors to  205,487,075  99.99%   25,141     0.01%   4,031
     fix their remuneration
 6.  To grant the directors with authority to allot shares pursuant to Section 551   200,598,337  97.61%   4,913,879  2.39%   4,031
     of the Companies Act 2006
     Special Resolution
 7.  To dis-apply pre-emption rights pursuant to Section 570 of the Companies Act    205,468,976  99.98%   39,515     0.02%   7,756
     2006

 

Notes:

1. The "For" Proxy vote includes those giving the Chair of the AGM discretion

2. A vote "Withheld" is not a vote in law and is not included in the proxy
votes "For" or "Against" the resolution

 

For further information, please visit www.capitalmetals.com
(http://www.capitalmetals.com) or contact:

 

 Capital Metals plc                                      Via Vigo Consulting

 Greg Martyr (Executive Chairman)
 Vigo Consulting (Investor Relations)                    +44 (0)20 7390 0234

 Ben Simons / Peter Jacob                                capitalmetals@vigoconsulting.com (mailto:capitalmetals@vigoconsulting.com)
 Strand Hanson Limited (Nominated Adviser)               +44 (0) 20 7409 3494

 Ritchie Balmer / Christopher Raggett / David Asquith
 Hannam & Partners (Broker & Financial Adviser)          +44 (0)20 7907 8500
 Andrew Chubb / Leif Powis

 

About Capital Metals

 

Capital Metals is a UK company listed on the London Stock Exchange (AIM:
CMET). We are developing the Taprobane Minerals Project in Sri Lanka,
approximately 220km east of Colombo, containing industrial minerals including
ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade
mineral sands projects globally, with potential for further grade and resource
expansion. In 2022, a third-party Preliminary Economic Assessment provided a
Project NPV of US$155-235m based on existing resources, with further
identified optimisation potential. We are committed to applying modern mining
practices and bringing significant positive benefits to Sri Lanka and the
local community. We expect over 300 direct new jobs to be created and over
US$150m in direct government royalties and taxes to be paid.

 

Visit our website:

www.capitalmetals.com (http://www.capitalmetals.com)

 

Follow us on social media:

 

X: @MetalsCapital (https://twitter.com/MetalsCapital)

LinkedIn: @Capital Metals plc (https://uk.linkedin.com/company/capitalmetals)

 

 

 

 

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