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Kavango ResourcesAnnouncement

22/01/2025 17:00

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RNS Number : 3390U  Kavango Resources PLC  22 January 2025

22 January 2025

Kavango Resources PLC

("Kavango" or "the Company")

Results of General Meeting

Southern Africa-focussed metals exploration company Kavango Resources
plc (LSE:KAV) is pleased to announce the results of a General Meeting
of Kavango Resources PLC held at the offices of the Company's
Solicitors, Druces LLP, Salisbury House, London Wall, London EC2M 5PS
on 22 January 2025 at 11 a.m.

All six resolutions put to members were passed on a show of hands. Resolutions
1, 3 and 5 were passed as ordinary resolutions and Resolutions 2, 4 and 6 were
passed as special resolutions.

The number of proxy votes cast for and against each of the resolutions
proposed, and the number of proxy votes withheld were as follows:

 Resolution                                                                Votes for       %        Votes against  %      Votes withheld
 Resolution 1 (Ordinary)                                                                   98.55%                  1.45%

 To authorise the allotment and issue of the Subscription Shares           1,030,553,317            15,204,622            152,347

 Resolution 2 (Special)                                                                    98.56%                  1.44%

 Conditional upon the passing of Resolution 1, to disapply the statutory   1,030,690,317            15,104,622            115,347
 pre-emption rights on the issue of the Subscription Shares

 Resolution 3 (Ordinary)                                                                   98.55%                  1.45%

 To authorise the allotment and issue of the CLN Shares                    1,030,553,317            15,204,622            152,347

 Resolution 4 (Special)                                                                                            1.44%

 Conditional upon the passing of Resolution 3, to disapply the statutory                   98.56%
 pre-emption rights on the issue of the CLN Shares

                                                                           1,030,653,317            15,104,622            152,347

 Resolution 5 (Ordinary)                                                                                           1.46%

 To authorise the allotment and issue of the VFEX Shares                   1,029,027,792   98.54%   15,204,622            1,677,872

 Resolution 6 (Special)                                                                                            1.45%

 Conditional upon the passing of Resolution 5, to disapply the statutory                   98.55%
 pre-emption rights on the issue of the VFEX Shares

                                                                           1,029,127,792            15,104,622            1,677,872

The total proxy votes cast on the 6 Resolutions represented approximately 66%
of the issued share capital as at 22 January 2025.

As at 22 January 2025, there were 1,562,683,176 ordinary shares in issue.
Shareholders are entitled to one vote per share. Votes withheld are not votes
in law and so have not been included in the calculation of the proportion of
votes for and against a resolution.

The full text of each resolution is available in the Notice of General
Meeting, published on our website.

 

Further information in respect of the Company and its business interests is
provided on the Company's website at www.kavangoresources.com
(http://www.kavangoresources.com/)  and on Twitter at #KAV.

For further information please contact:

Kavango Resources
plc

Ben Turney

+46 7697 406 06

First Equity (Broker)

+44 207 374 2212

Jason Robertson

 

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