REG - Nativo Resources Plc - Result of General Meeting

Nativo ResourcesAnnouncement

09/12/2024 15:45

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RNS Number : 3860P  Nativo Resources Plc  09 December 2024

9 December 2024

 

Nativo Resources Plc

("Nativo" or the "Company")

 

Result of General Meeting

Nativo Resources plc (LON:NTVO), which has interests in gold mines in Peru, is
pleased to announce that, at the General Meeting ("GM") of the Company held
earlier today, all resolutions were duly passed.

The results of the GM, which were determined by way of a poll, were as
follows:

 Resolutions  For            %       Against        %       Withheld
 1            4,407,988,020  74.54%  1,505,825,770  25.46%  3,877,395
 2            4,487,999,265  75.89%  1,425,814,525  24.11%  3,877,395

 

1.   A "Vote withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares voted "For" or "Against" any
resolution.

2.   Any proxy appointments which gave discretion to the chairman of the
meeting have been included in the 'For' total.

 

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)  Tel: +44 (0)20 3829 5000

 James Joyce

 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, Nativo secured an opportunity to scale operations at the Tesoro Gold
Concession, owning 50% of the production and resources, targeting early cash
flow generation in Q4 2024. In December 2024, Nativo agreed to acquire
directly a 100% interest in the Morrocota Gold Mine, proximal to the Tesoro
Gold Concession. Production from Morrocota is anticipated to commence by the
end of Q1 2025. Longer-term, the Company plans to establish its own gold ore
processing plant to retain a higher margin from production at its mines.

 

In addition to primary gold mining projects, the Company also holds the Ana
Lucia Polymetallic concession and is investigating low capex strategies to
appraise and exploit tailings deposits to recover gold.

 

Follow us on social media:

 

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

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

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