REG - Nativo Resources Plc - Adjournment of Noteholder Meeting

Nativo ResourcesAnnouncement

13/06/2025 07:00

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RNS Number : 6848M  Nativo Resources Plc  13 June 2025

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

13 June 2025

 

Nativo Resources Plc

 

("Nativo" or the "Company")

 

Adjournment of Noteholder Meeting

Further to the publication of the bond restructuring Proposals announced on 20
May 2025, Nativo Resources plc (LON:NTVO), which has interests in gold mines
in Peru, announces that the level of voting instructions received for the
meeting of the Noteholders held yesterday to consider the Proposals (the
"Noteholder Meeting") was insufficient for the Noteholder Meeting to be
quorate. The Noteholder Meeting was therefore adjourned.

 

The adjourned Noteholder Meeting to consider the Proposals in unchanged form
will now be held at 10 a.m. on 30 June 2025 (the "Adjourned Noteholder
Meeting") at the offices of Peterhouse Capital Limited, 80 Cheapside, London,
EC2V 6EE, United Kingdom.

 

The Adjourned Noteholder Meeting will require a reduced quorum of 25% of the
aggregate principal amount of the outstanding Notes and not less than
two-thirds of the votes to be cast in favour of the Proposals for the
Proposals to be passed.

 

Voting instructions already lodged by Noteholders remain valid for the
Adjourned Noteholder Meeting and the relevant Noteholders need take no further
action to be represented at the Adjourned Noteholder Meeting.

 

A circular providing Noteholders with notice of the Adjourned Noteholder
Meeting will be sent to Noteholders shortly and will be available from the
Company's website at www.nativoresources.com (http://www.nativoresources.com/)
.

 

Terms used but not defined in this announcement have the same meaning as given
to them in the Company's announcement released on 20 May 2025.

 

For further information please contact:

 Nativo Resources                                   Via Vigo Consulting

 Stephen Birrell, Chief Executive Officer           nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)
 Zeus Capital (Nominated Adviser and Joint Broker)

 James Joyce                                        Tel: +44 (0)20 3829 5000

 James Bavister
 Peterhouse Capital limited (Joint Broker)          Tel: +44 (0)20 7469 0930

 Duncan Vasey

 Lucy Williams

Rose Greensmith
 Vigo Consulting (Investor Relations)               Tel: +44 (0)20 7390 0234

 Ben Simons                                         nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)

 Peter Jacob

Anna Sutton

 

About Nativo Resources plc

 

Nativo has interests in gold mining and exploration projects in Peru. Through
a 50:50 joint venture established in July 2024 with an experienced local
partner ("Boku"), Nativo secured an opportunity to scale operations at the
Tesoro Gold Concession, owning 50% of the production and resources. Production
and sales of ore to a local gold ore processing plant began in late December
2024. Longer-term, the Company plans to establish its own gold ore processing
plant to retain a higher margin from production at its mines. In March 2025,
Boku also secured an option agreement to evaluate the opportunity to recover
and sell gold and silver from the Toma La Mano tailings dump in the Ancash
region and redeposit the tailings in line with legislation. The Company is
investigating other similar regional tailings opportunities. In April 2025,
Nativo acquired directly a 100% interest in the Morrocota Gold Mine, proximal
to the Tesoro Gold Concession.

 

Follow us on social media:

 

LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
(https://uk.linkedin.com/company/nativoresources-plc)

X: https://x.com/nativoresources (https://x.com/nativoresources)

 

 

 

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