REG - Hochschild MiningPLC - Notice of EGM re acquisition of Amarillo Gold Corp

Hochschild MiningAnnouncement

04/03/2022 12:45

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RNS Number : 7147D  Hochschild Mining PLC  04 March 2022

 

 

_________________________________________________________________________________

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN,
INTO OR FROM ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.

 

ANY VOTING DECISION BY SHAREHOLDERS IN CONNECTION WITH THE ACQUISITION SHOULD
BE MADE ON THE BASIS OF THE INFORMATION CONTAINED IN THE CIRCULAR.

 

PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

 

 

4 March 2022

 

Publication of Circular and Notice of Extraordinary General Meeting

Proposed acquisition of Amarillo Gold Corporation ("Amarillo")

 

Further to the announcement made by Hochschild Mining PLC ("Hochschild" or the
"Company") on 30 November 2021, in which Hochschild announced that it had
entered into a definitive agreement with Amarillo to acquire all of the issued
and outstanding shares of Amarillo (the "Acquisition"), Hochschild announces
that a shareholder circular relating to the Acquisition (the "Circular") has
been approved by the Financial Conduct Authority (the "FCA").

 

Completion of the Acquisition remains conditional on, amongst other things,
the approval of Hochschild shareholders and, accordingly, the Circular
contains a notice of extraordinary general meeting ("EGM") of the Company's
shareholders to be convened at 2 p.m. on 22 March 2022 at the offices of
Linklaters LLP, One Silk Street, London EC2Y 8HQ. The procedures and timings
for the appointment of a proxy are set out in the notes to the notice of the
EGM at the back of the Circular. Copies of the Circular in relation to the EGM
will be posted to Hochschild shareholders shortly.

 

The Circular will be submitted to the National Storage Mechanism, where it
will shortly be available for inspection at www.morningstar.co.uk/uk/nsm. In
addition, the Circular is also available to view on the Company's website
(www.hochschildmining.com/en/investors/shareholder_information/share_price/Amarillo_acquisition)
and will be available for inspection at the Company's registered office at 17
Cavendish Square, London, W1G 0PH, United Kingdom.

________________________________________________________________________________

Enquiries:

Hochschild Mining PLC

Raj Bhasin
 
                               +44 (0)7825
533495

Company Secretary

 

Hudson Sandler

Charlie Jack
                       +44 (0)20 7796 4133

Public Relations

 

RBC Capital Markets (Financial Adviser, Sole Sponsor and Corporate Broker)

Marcus Jackson

Ryan Latinovich

Hugh Samson

Scott Redwood
                   +44 (0)20 7653 4000

________________________________________________________________________________

About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on
the London Stock Exchange (HOCM.L / HOC LN) and crosstrades on the OTCQX
Best Market in the U.S. (HCHDF), with a primary focus on the exploration,
mining, processing and sale of silver and gold. Hochschild has over fifty
years' experience in the mining of precious metal epithermal vein deposits and
currently operates three underground epithermal vein mines, two located in
southern Peru and one in southern Argentina. Hochschild also has numerous
long-term projects throughout the Americas.

 

LEI: 549300JK10TVQ3CCJQ89

________________________________________________________________________________

About Amarillo Gold Corporation

Amarillo is advancing two gold projects located near excellent infrastructure
in mining-friendly states in Brazil. The development stage Posse gold project
is on the Amarillo's Mara Rosa property in Goiás State. It has a positive
definitive feasibility study that shows it can be built into a profitable
operation with low costs and a strong financial return. Mara Rosa also shows
the potential for discovering additional near-surface deposits that will
extend Posse's mine life beyond its initial ten years. Amarillo trades on the
TSX Venture Exchange under the symbol AGC and on the OTCQB under the symbol
AGCBF.

___________________________________________________________________________

IMPORTANT NOTICES

 

RBC Europe Limited ("RBC"), which is authorised in the UK by the Prudential
Regulation Authority and regulated in the UK by the Financial Conduct
Authority, is acting exclusively for the Company and no one else in connection
with the Acquisition. RBC will not regard any other person as a client in
relation to the Acquisition and will not be responsible to any person other
than the Company for providing the protections afforded to clients of RBC, nor
for providing advice in connection with the Acquisition or any other matter,
transaction or arrangement referred to in this announcement.

 

This announcement is not intended to, and does not constitute or form part of,
and should not be construed as, any offer, invitation, solicitation or
recommendation of an offer to purchase, sell, subscribe for or otherwise
dispose of or acquire any securities or the solicitation of any vote or
approval in any jurisdiction and neither the issue of the information nor
anything contained herein shall form the basis of or be relied upon in
connection with, or act as an inducement to enter into, any investment
activity. No shares are being offered to the public by means of this
announcement. This announcement does not constitute either advice or a
recommendation regarding any securities, or purport to contain all of the
information that may be required to evaluate any investment in the Company or
any of its securities and should not be relied upon to form the basis of, or
be relied on in connection with, any contract or commitment or investment
decision whatsoever.

 

The distribution of this announcement in or from certain jurisdictions may be
restricted or prohibited by the laws of any jurisdiction other than the UK.
Recipients are required to inform themselves of, and comply with, all
restrictions or prohibitions in such other jurisdictions. Any failure to
comply with applicable requirements may constitute a violation of the laws
and/or regulations of other such jurisdiction.

 

This announcement has been prepared for the purposes of complying with the
applicable law and regulation of the UK (including the Listing Rules and the
Disclosure Guidance and Transparency Rules) and the information disclosed may
not be the same as that which would have been disclosed if this announcement
had been prepared in accordance with the laws and regulations of any
jurisdiction outside of the UK.

 

Nothing in this announcement should be construed as a profit forecast.

 

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