REG - Mila Resources Plc - Result of General Meeting

Mila ResourcesAnnouncement

22/11/2021 12:00

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RNS Number : 1399T  Mila Resources PLC  22 November 2021

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

 

22 November 2021

Mila Resources Plc

 

('Mila' or the 'Company')

 

Result of General Meeting

 

Mila Resources Plc is pleased to announce at its General Meeting held earlier
today all resolutions were duly passed.

 

Accordingly, the Company has today authorised the issue and allotment of
283,131,057 new ordinary shares of £0.01 in the Company ("New Ordinary
Shares") as detailed in the announcement dated 29 October 2021 in conjunction
with the acquisition of an initial 30% interest in the Kathleen Valley gold
project ("Kathleen Valley Project" or the "Project") and the exploration
licence E36/876 in the Kathleen Valley ("Kathleen Valley Licence").

 

The full details are set out in the announcement dated 29 October 2021.

 

Admission to Trading on the Main Market

Further to the announcement on 29 October 2021, the London Stock Exchange has
conditionally accepted the application for the existing share capital of the
Company to be readmitted and for the New Ordinary Shares to be admitted to the
Official List by way of a standard listing and it is anticipated that
readmission will take place tomorrow, 23 November 2021. The New Ordinary
Shares will rank pari passu with the existing ordinary shares. The Company
confirms that, following the issue of the New Ordinary Shares, its issued
share capital will comprise 306,331,057 ordinary shares upon readmission. All
of these ordinary shares have equal voting rights and none of the ordinary
shares are held in treasury. The total number of voting rights in the Company
will therefore be 306,331,057 upon readmission.

**ENDS**

 

For more information visit www.milaresources.com or contact:

 

 Mark Stephenson                info@milaresources.com

 Mila Resources Plc

 Jonathan Evans                 +44 (0) 20 3463 5000

 Brandon Hill Capital Limited

 Susie Geliher                  +44 (0) 20 7236 1177

 St Brides Partners Limited

 

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