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REG - Ormonde Mining PLC - Result of AGM <Origin Href="QuoteRef">ORM.I</Origin>

RNS Number : 0583R
Ormonde Mining PLC
18 September 2017

18 September 2017

OrmondeMiningplc

("Ormonde"or "the Company")

Result of AGM

The Board of Ormonde announces that all resolutions proposed to shareholders at the Company's Annual General Meeting held in Dublin today were duly passed.

Presentation

A copy of the presentation on the construction of the Barruecopardo Tungsten Mine and mine site drone footage showing recent construction activity, which were presented to shareholders following the formal business of the AGM, will be made available today on the Company's website www.ormondemining.com.

Share Capital Reorganisation

The Share Capital Reorganisation (the "Reorganisation") approved at today's AGM will result in the nominal value of Ordinary Shares being reduced from 0.025 each to 0.01 each. The Reorganisation will leave all shareholders holding the same amount of Ordinary Shares as they held prior to the Reorganisation and thus the aggregate value of their holding should remain unchanged.

With effect from 8.00 am on 19 September 2017, 472,507,482 Ordinary Shares of nominal value 0.01 each, being the entire issued ordinary share capital of Ormonde, will be admitted to trading on the AIM Market of the London Stock Exchange and the ESM Market of the Irish Stock Exchange. The new Ormonde shares are registered under ISIN: IE00BF0MZF04.

Enquiries to:

Ormonde Mining plc Tel:+353 (0)18014184

Paul Carroll, Chief Financial Officer

Fraser Gardiner, Chief Operating Officer

CapitalM Consultants

Simon RothschildMob:+44 (0)7703 167065

Murray Consultants

MarkBrennock Tel:+353(0)14980300Mob:+353(0)872335923

Davy (Nomad, ESM Adviser and Joint Broker)

John Frain Tel: +353 (0)1 679 6363

SP Angel Corporate Finance LLP (Joint Broker)

Ewan LeggatTel:+44 (0)20 3 470 0470


This information is provided by RNS
The company news service from the London Stock Exchange
END
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