REG - Caracal Gold PLC - Result of AGM

Caracal GoldAnnouncement

14/08/2025 07:00

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RNS Number : 2581V  Caracal Gold PLC  14 August 2025

Caracal Gold Plc

('Caracal' or the 'Company')

Results of Annual General Meeting

Caracal Gold Plc, the East African focused gold company, is pleased to
announce that resolutions 1 to 10 proposed to shareholders at the Annual
General Meeting ("AGM") held at 10:00am on Wednesday 13(th) August 2025 were
duly passed on a show of hands.

The proxy votes received in relation to these resolutions were as follows:

 Resolution                                                                      Shares
                                                                                 For          % of votes  Against      % of votes  Withheld
 Ordinary Resolution:                                                            903,084,065  99.94%      520,087      0.06%       2,333,489

 1. To receive the report of the Directors and the financial statements of the
 Company for the period ended 30th June 2024.
 Ordinary Resolution:                                                            491,926,223  54.88%      404,426,610  45.12%      9,584,808

 2. To re-elect, as a director, Simon Grant-Rennick, who retires in accordance
 with Article 74 of the Articles and offers himself for re-election.
 Ordinary Resolution:                                                            897,662,438  99.75%      2,269,783    0.25%       6,005,420

 3. To re-elect, as a Director, Jason Brewer, who retires in accordance with
 Article 74 of the Articles and offers himself for re-election.
 Ordinary Resolution:                                                            896,144,806  99.76%      2,176,612    0.24%       7,616,223

 4. To re-elect, as a Director, Noreen Kidunduhu, who retires in accordance
 with Article 74 of the Articles and offers herself for re-election.
 Ordinary Resolution:                                                            592,706,122  68.65%      270,641,707  31.35%      42,589,812

 5. To re-elect, as a Director, Kevin Warrington, who retires in accordance
 with Article 74 of the Articles and offers himself for re-election.
 Ordinary Resolution:                                                            878,965,331  99.62%      3,393,355    0.38%       23,578,955

 6. To re-elect, as a Director, Martin Westerman, who retires in accordance
 with Article 74 of the Articles and offers himself for re-election.
 Ordinary Resolution:                                                            895,844,806  99.74%      2,343,355    0.26%       7,749,480

 7. To re-elect, as a Director, Hannah Wang'ombe, who retires in accordance
 with Article 74 of the Articles and offers herself for re-election.
 Ordinary Resolution:                                                            896,144,806  99.76%      2,176,612    0.24%       7,616,223

 8. To re-elect, as a Director, Edward Ruheni, who retires in accordance with
 Article 74 of the Articles and offers himself for re-election.
 Ordinary Resolution:                                                            899,479,789  99.81%      1,708,372    0.19%       4,749,480

 9. To appoint RPG Crouch Chapman LLP of 40 Gracechurch Street, London, EC3V
 0BT, as auditors of the Company from the conclusion of the AGM until the
 conclusion of the next AGM before which accounts are laid.
 Ordinary Resolution:                                                            899,534,912  99.79%      1,852,528    0.21%       4,550,201

 10. To authorise the Directors to determine the Auditor's remuneration.

 

Resolutions 11 and 12 have been withdrawn.

 

A vote withheld is not a vote in law and is not counted in the calculation of
the proportion of votes "For" or "Against" any of the resolutions.

 

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.

* * ENDS * *

For further information visit www.caracalgold.com or contact the following:

 Caracal Gold plc

 Jason Brewer            jason@gathonimuchaiinvestments.com

 Shareholder Enquiries   info@gathonimuchaiinvestments.com

 

Notes:

Caracal Gold plc is an expanding East African focused gold company with a
clear strategy to grow production and resources both organically and through
strategic acquisitions. Its immediate aim is to recommence and rapidly
increase production to +50,000ozs p.a. and build a JORC compliant resource
base of +3Moz. The Company is progressing a well-defined mine optimisation
strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is
significant mid-term expansion potential and the ability to increase gold
production to 24,000oz p.a. and the resource to +2Moz (current JORC compliant
resources of approx. 706,000oz). Alongside this, Caracal is undertaking a
targeted exploration programme at the Nyakafuru Project in Tanzania, which has
an established high-grade shallow gold resource of 658,751oz at 2.08g/t
contained within four deposits over 280 km2 and appears amenable to
development as a large scale conventional open pit operation.

Caracal's experienced team has a proven track record in successfully
developing and operating mining projects throughout Africa.

The Company is a responsible mining and exploration company and supports the
positive social and economic change that it contributes to the communities in
the regions that it operates. It is a proudly East African-focused company: it
buys locally, employs locally, and protects the environment and its employees
and their families' health, safety, and wellbeing.

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