REG - Scotgold Resources - Results of 2022 Annual General Meeting

Scotgold ResourcesAnnouncement

19/01/2023 14:15

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RNS Number : 3106N  Scotgold Resources Ltd  19 January 2023

 

 

 

 

 

19 January 2023

 

Scotgold Resources Limited (AIM:SGZ)

("Scotgold" or the "Company")

Results of 2022 Annual General Meeting

The Company confirms that all resolutions put to shareholders at the Annual
General Meeting  held today, were carried by way of a Poll.

 

The Company received valid proxies representing 52.44% of the total number of
shares in the Company with voting rights as set out below.

 

 

 Resolution                                          For         % of received  Against  % of received  Open Usable  % of received  Abstain  % of received
 1: Adoption of the FY 2022 Annual Financial Report  31,291,836  100%           0        0%             0            0%             0        0%

 2: Election of Director - Sean Duffy                31,291,079  100.00%        757      0.00%          0            0%             0        0%

 3: Election of Director - Evan Spencer              31,290,640  100.00%        1,196    0.00%          0            0%             0        0%

 4: Re-election of Director - Ian Proctor            31,290,640  100.00%        1,196    0.00%          0            0%             0        0%

 

**ENDS**

For further information please contact:

 

 Scotgold Resources Limited  Shore Capital             Celicourt Communications

 Chief Executive Officer     Nomad and Broker          Financial PR

 Phil Day                    Toby Gibbs / John More    Felicity Winkles

                             Tel +44 (0) 20 7408 4090  Tel +44 (0) 208 434 2643

                                                       Tel +44 (0) 774 8843 871

 

 

Notes

 

 

Scotgold Resources Ltd (AIM:SGZ), is Scotland's first commercial gold
producer. The Company poured first gold in November 2020 at its Cononish Gold
and Silver Mine ('Cononish) in Tyndrum, Scotland and is developing it into a
+23,500-ounce gold mine per annum. Cononish is a high-grade underground mining
operation with a central processing plant producing gold concentrate for
off-take and gold doré for the Scottish Jewellery industry.  The mine has
anticipated forecast operating costs of c.£610 per ounce in Q4 2023, which
will place Cononish in the lowest quartile of gold mining operations globally.

 

It is Scotgold's vision to build a mid-tier gold mining company in Scotland
with multiple operations in the country that enhance the local environment and
economy in ways that have an enduring positive impact.

 

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