REG - Nativo Resources Plc - Notice of GM

Nativo ResourcesAnnouncement

10/09/2025 07:00

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RNS Number : 6739Y  Nativo Resources Plc  10 September 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.

 

10 September 2025

 

Nativo Resources Plc

 

("Nativo" or the "Company")

 

Notice of General Meeting

 

Nativo Resources Plc (LON:NTVO), a gold-focused mining company with interests
in Peru, announces it will today publish a notice convening a General Meeting
(the "GM") to be held on 26 September 2025 at 12:00 p.m. at the offices of
Peterhouse Capital Limited, 3rd Floor, 80 Cheapside, London, EC2V 6EE. A copy
of the notice of GM will be sent to shareholders later today and also be made
available on the Company's website at https://www.nativoresources.com
(https://www.nativoresources.com/) .

 

Background

 

Following the General Meeting on 5 September 2025, where authority to allot
shares up to approximately £970,000 nominal value was granted, the Board is
now again requesting the authority to issue shares up to the same amount on a
non-pre-emptive basis (the "Resolution"). Although the recent vote on this
matter at the General Meeting on 5 September 2025 did not meet the 75 per cent
threshold required, this authority remains crucial for securing the capital
needed to maintain business continuity. Therefore, the Board seeks to disapply
pre-emption rights on this amount for two specific purposes:

 

·      For authorities up to an aggregate nominal amount of
approximately £970,000 to enable the Company to take advantage of specific
opportunities to raise additional finance quickly if required, and without the
time, cost and expense of the Company having to publish a circular to
shareholders; and

 

·      For authorities in connection with the exercise of warrants
issued to Eurobond Noteholders that voted in favour of the restructuring
proposals on 30 July 2025, and to creditors that arranged the Eurobond
restructure and establishment of the Company's digital asset infrastructure
and wallet system.

 

The Company has sufficient working capital to complete limited aspects of the
technical programme for Bonanza and Morrocota announced on 13 August 2025 but
will require further funding by the end of October to complete the programme,
including sub-surface works to identify ore shoots, as well as for working
capital purposes.

 

Christian Yates, Executive Chairman of Nativo, commented:

"The Resolution being reproposed to shareholders is critical to Nativo's
future growth. The restructuring of legacy debt has improved our balance
sheet. As announced on 20 May 2025, the Company committed to issuing warrants
to Noteholders as an incentive to vote in favour of those debt restructuring
proposals. Without that restructuring, the Company would have been constrained
by unsustainable interest payments, and it would be more difficult to attract
the substantive equity investment that is needed to advance our gold mining
and tailings projects in Peru.

Now, with a stronger balance sheet, in addition to allowing the Company to
make good on its commitment to issue warrants to the supportive Noteholders,
shareholder approval of this Resolution will provide Nativo the ability to
move expeditiously to secure institutional investment, accelerate small-scale
gold production, and pursue a complementary digital asset strategy.

Initial fieldwork commenced at the Bonanza and Morrocota mines last week.
Further sub-surface works to identify ore shoots for initial targeting,
expected to take four weeks, cannot proceed until adequate funding is secured.
Once completed, and subject to funding, it is anticipated that mining can
start in November.

Funding will also enable the Company to finalise the design of the processing
plant for which Nativo has secured a site proximal to the Tesoro Gold
Concession and commence the construction tender process.

Funding is further required to commission detailed analysis of the secured
tailings deposit at Toma La Mano, required prior to a final investment
decision.

Accordingly, the Board urges shareholders to vote in favour of the Resolution.
By doing so, shareholders will enable Nativo to secure a level of funding that
is necessary to move swiftly toward production and cash flow and build value
from these now 100%-owned projects."

 

For further information please contact:

 Nativo Resources                           Via Vigo Consulting

 Stephen Birrell, Chief Executive Officer   nativo@vigoconsulting.com (mailto:nativo@vigoconsulting.com)
 Zeus (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 projects in Peru. The Company's strategy is based
on three core activities: primary gold mining, gold ore processing, and the
recovery of gold from tailings. The Company has already acquired or optioned
several projects for development and has identified additional opportunities
for expansion. Nativo's nearest-term objective is to scale operations on the
Tesoro Gold Concession, focusing on the Bonanza and Morrocota mines. Nativo
intends to allocate portions of free cash flow from mining and processing
activities and future fundraises to Bitcoin purchases, and to hold Bitcoin as
a long-term treasury reserve asset.

 

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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