REG - First Tin PLC - Result of General Meeting

First TinAnnouncement

19/11/2024 10:00

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RNS Number : 7993M  First Tin PLC  19 November 2024

19 November 2024

First Tin PLC

("First Tin" or "the Company")

Result of General Meeting

First Tin PLC (LSE: 1SN), a tin development company with advanced, low capex
projects in Germany and Australia, is pleased to announce that all of the
resolutions were duly passed by Shareholders at the General Meeting held today
in connection with the recently announced Fundraising.

The detailed results of the voting are set out below:

 Resolution                                                        In favour    Against  Withheld
 1.   TO AUTHORISE THE DIRECTORS TO ALLOT ORDINARY SHARES          190,719,254  49,596   10,000
 2.   TO AUTHORISE THE DIRECTORS TO DISAPPLY PRE-EMPTION RIGHTS    190,641,129  126,721  11,000

 

The Company is pleased to confirm that, as announced on 28 October 2024,
following the passing of all resolutions, the Admission will become effective
and dealings in 133,333,334 new ordinary shares of £0.001 each in the capital
of the Company ("Ordinary Shares") (the "Placing Shares") at a price of 6
pence per Ordinary Share, will commence on the Main Market at 8 a.m. on 20
November 2024.

Enquiries:

 

 First Tin                                                                      Via SEC Newgate below
 Bill Scotting - Chief Executive Officer
 Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)
 Simon Catt                                                                     020 7389 5016

 Zeus Capital Limited (Joint Broker and Bookrunner)
 Harry Ansell/Dan Bristowe/Katy Mitchell                                        020 3829 5000

 SEC Newgate (Financial Communications)
 Elisabeth Cowell / Molly Gretton                                               020 3757 6882

 

Notes to Editors

First Tin PLC is an ethical, reliable, and sustainable tin production company
led by a team of renowned tin specialists. The Company is focused on becoming
a tin supplier in conflict-free, low political risk jurisdictions through the
rapid development of high value, low capex tin assets in Germany and
Australia, which have been de-risked significantly, with extensive work
undertaken to date.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

 

 

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