REG - Rome Resources PLC - Notice of General Meeting

Rome ResourcesAnnouncement

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RNS Number : 4683W  Rome Resources PLC  13 March 2026

13 March 2026

 

Rome Resources plc

("Rome Resources", the "Company")

 

Notice of General Meeting

 

Rome Resources plc (AIM: RMR), the DRC-focused tin and copper explorer,
announces that a circular (the "Circular") containing a notice convening the
General Meeting of the Company (the "GM") will be posted to shareholders later
today.

 

The GM will be held at the offices of Fasken Martineau LLP, 6th Floor, 100
Liverpool Street, London EC2M 2AT at 11.00 am on 2 April 2026.

 

A copy of the Notice of GM and Form of Proxy will shortly be available from
the Company's website www.romeresources.com (http://www.romeresources.com/) .

 

Proposed resolutions:

 

The Company is seeking the requisite authorities to issue new Ordinary Shares
under Resolutions 1 and 2 at the GM.

 

The share allotment authorities being sought pursuant to the Resolutions (the
"Share Allotment Authorities") are in relation to a number of proposed or
potential transactions which would involve, in whole or in part, the issue of
new Ordinary Shares, a number of examples of which, without limitation, are as
outlined below.

 

·    On 10 March 2026, the Company announced that it had entered into an
option agreement (the "Option") to acquire working interests in early-stage
exploration licences across 109 km(2) of mining claims in the Canadian
Province of New Brunswick, close to the Mount Pleasant deposit, hosting the
Three Lakes and Schoullar Mountain Projects (the "Projects").  The exercise
of the Option will be conditional on, inter alia, Rome Resources paying a
total consideration of CAD$300,000, comprising a total of CAD$250,000 in new
Ordinary Shares and CAD$50,000 in cash, to be paid over the four years
following the entering into of the Option, although the consideration for the
exercise of the Option may be satisfied earlier at Rome's discretion. A part
of the Share Allotment Authorities are intended allow the Company to allot the
new Ordinary Shares in order to satisfy the equity component of the
consideration to exercise the Option.

 

·    As originally outlined in the Company's announcement on 30 October
2025, the Board remains in early-stage discussions regarding potential
acquisitions to increase its ownership interests in exploration permit PR15130
and mineral exploration permit PR13274. These remain subject to the execution
of legally binding agreements, and there can be no certainty that final
binding terms will be agreed or as to timing. However, as part of any
potential acquisitions to increase its ownership interests, the Company may
potentially use a part of the Share Allotment Authorities to issue new
Ordinary Shares to third parties who respectively hold interests in
exploration permit PR15130 and mineral exploration permit PR13274, as
appropriate, as consideration for the Company acquiring these interests.

 

·    The Company intends to use a part of the Share Allotment Authorities
to allow for the exercise of certain warrants over new Ordinary Shares that
were granted by the Company in November 2025.

 

The Directors may also use the Share Allotment Authorities to execute further
funding transactions and/or acquisitions that the Directors decide adds value
to the Projects or the Company, more generally.

 

Capitalised terms used but not otherwise defined in this announcement bear the
meanings ascribed to them in the Circular.

 

For further information, please contact:

 

 Investor questions on this announcement                          https://romeresources.com/link/rAk8wy (https://romeresources.com/link/rAk8wy)

 We encourage all investors to share questions

 on this announcement via our investor hub

 Rome Resources Plc                                               Tel. +44 (0)20 3143 6748

 Paul Barrett, Chief Executive Officer

 Allenby Capital Limited (Nominated Adviser and Joint Broker)     Tel. +44 (0)20 3328 5656

 John Depasquale / Vivek Bhardwaj (Corporate Finance)

 Kelly Gardiner / Lauren Wright (Sales & Corporate Broking)

 OAK Securities (Joint Broker)                                    Tel. +44 (0)20 3973 3678

 Jerry Keen, Head of Corporate Broking

 Henry Clarke, Head of Sales

 Camarco (Financial PR)                                             Tel. +44 (0)20 3757 4980

 Gordon Poole / Sam Morris

Subscribe to our news alert service: https://romeresources.com/auth/signup
(https://romeresources.com/auth/signup)

 

 

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