REG - Strategic Minerals - Result of AGM

Strategic MineralsAnnouncement

17/07/2024 14:15

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RNS Number : 8092W  Strategic Minerals PLC  17 July 2024

 

17 July 2024

Strategic Minerals plc

("Strategic Minerals", "SML" or the "Company")

Result of AGM

 

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), announces that at the Annual
General Meeting ("AGM") held earlier today that all ordinary resolutions were
duly passed, resolution 2 was withdrawn prior to the AGM as Mr Broome resigned
from the Board of the Company effective 16 July 2024. Resolutions 5 and 6
which were special resolutions requiring 75 per cent of votes cast to be in
favour were not passed. Each of the resolutions put to the Annual General
Meeting was voted on by way of a poll and the results are set out in the table
below.

 

 

 Resolution  For          Against      Withheld    Total
 01          572,133,675  861,601      18,384,736  591,380,012
 03          548,406,998  25,312,170   17,660,843  591,380,011
 04          435,681,045  147,375,555  8,323,411   591,380,011
 05          415,121,228  168,235,372  8,023,411   591,380,011
 06          421,442,841  160,287,830  9,649,340   591,380,011

 

 

John Peters, Interim Chairman of Strategic Minerals commented:

"The AGM has provided the framework for the Company to undertake its plans and
the failure of the special resolutions are not expected to impact operating
arrangements over the next year. We understand, appreciate and share our
shareholders frustrations with delays to the progression of our projects.
However, we would like to reassure shareholders that the Board is working to
advance all the Company's projects as quickly as possible."

 

 

 

 For further information, please contact:

 Strategic Minerals plc                                   +61 (0) 414 727 965
 John Peters
 Interim Chairman
 Website:               www.strategicminerals.net (http://www.strategicminerals.net)
 Email:                 info@strategicminerals.net (mailto:info@strategicminerals.net)

 Follow Strategic Minerals on:
 Vox Markets:           https://www.voxmarkets.co.uk/company/SML/
                        (https://www.voxmarkets.co.uk/company/SML/)
 Twitter:               @SML_Minerals (https://twitter.com/SML_Minerals)
 LinkedIn:              https://www.linkedin.com/company/strategic-minerals-plc
                        (https://www.linkedin.com/company/strategic-minerals-plc)

 SP Angel Corporate Finance LLP                           +44 (0) 20 3470 0470
 Nominated Adviser and Broker
 Matthew Johnson
 Charlie Bouverat

 

Notes to Editors

Strategic Minerals plc is an AIM-quoted, operating minerals company actively
developing projects tailored to materials expected to benefit from strong
demand in the future. It has an operation in the United States of America
along with development projects in the UK and Australia. The Company is
focused on utilising its operating cash flows, along with capital raisings, to
develop high quality projects aimed at supplying the metals and minerals
likely to be highly demanded in the future.

 

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