REG - Cornish Metals Inc. - SPECIAL MEETING OF SHAREHOLDERS

Cornish MetalsAnnouncement

18/02/2025 17:00

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RNS Number : 5779X  Cornish Metals Inc.  18 February 2025

 

CORNISH METALS ANNOUNCES SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON MARCH
18, 2025

 

Vancouver, February 18, 2025

Cornish Metals Inc. (AIM/TSX-V: CUSN) ("Cornish Metals" or the "Company"), a
mineral exploration and development company focused on advancing its 100%
owned and permitted South Crofty tin project in Cornwall, United Kingdom,
announces that a special meeting of its shareholders is scheduled to take
place in a virtual-only format conducted via live audio teleconference on
Tuesday, March 18, 2025, at 9am (Vancouver time) / 4pm (London time) (the
"Meeting") to seek the shareholder approvals necessary to complete the
previously announced fundraising to raise gross proceeds of £57.4 million
(see news releases dated January 28, 2025 and January 31, 2025 here
(https://cornishmetals.com/contact/fundraise-jan-2025/) ).

At the Meeting, shareholders of the Company will be asked to pass: (i) an
ordinary resolution of disinterested shareholders of the Company to approve
the creation of the National Wealth Fund Limited as a new "control person" of
the Company; (ii) an ordinary resolution of the shareholders of the Company to
authorise the directors of the Company to allot shares in the Company; (iii)
an extraordinary resolution of the shareholders of the Company to authorise
the directors of the Company to allot certain equity securities for cash in
connection with the fundraising without first having to offer them on a
pre-emptive basis to existing shareholders; and (iv) an ordinary resolution of
the shareholders of the Company to approve a proposed performance share plan.

Further information in respect of the resolutions that shareholders will be
asked to pass at the Meeting, and details of how to vote and participate in
the virtual Meeting are provided in the Management Proxy Circular in respect
of the Meeting, which has been filed on the Company's profile on SEDAR+ at
www.sedarplus.ca (http://www.sedarplus.ca) and on the Company's corporate
website at www.cornishmetals.com
(https://cornishmetals.com/investors/shareholder-meetings/) .

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

"Don Turvey"

Don Turvey

 

Engage with us directly at our investor hub. Sign up at:
https://investors.cornishmetals.com/link/8r63GP
(https://investors.cornishmetals.com/link/8r63GP)

 

For additional information please contact:

 

 Cornish Metals                                                         Fawzi Hanano       investors@cornishmetals.com (mailto:investors@cornishmetals.com)

                                                                        Irene Dorsman      info@cornishmetals.com (mailto:info@cornishmetals.com)
                                                                                           Tel: +1 (604) 200 6664

 SP Angel Corporate Finance LLP                                         Richard Morrison   Tel: +44 203 470 0470

 (Nominated Adviser & Joint Broker)                                     Charlie Bouverat

                                                                        Grant Barker

 Hannam & Partners                                                      Matthew Hasson     cornish@hannam.partners (mailto:cornish@hannam.partners)

 (Financial Adviser)                                                    Andrew Chubb       Tel: +44 207 907 8500

                                                                        Jay Ashfield

 Cavendish Capital Markets Limited                                      Derrick Lee        Tel: +44 131 220 6939

 (Joint Broker)                                                         Pearl Kellie

 BlytheRay                                                              Tim Blythe         tim.blythe@blytheray.com (mailto:tim.blythe@blytheray.com)

 (Financial PR)                                                         Megan Ray          megan.ray@blytheray.com (mailto:megan.ray@blytheray.com)

                                                                                           Tel: +44 207 138 3204

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

 

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