Ironveld PLC Result of General Meeting (5538I)
14 Diciembre 2020 - 4:32AM
UK Regulatory
TIDMIRON
RNS Number : 5538I
Ironveld PLC
14 December 2020
Ironveld Plc
("Ironveld" or the "Company")
Result of General Meeting
Ironveld announces that all the proposed resolutions tabled at
the Company's General Meeting held earlier today were successfully
passed. As a result, the proposed placing and share reorganisation
set out in the announcement made by the Company on 26 November 2020
will now proceed with both the placing shares and the new ordinary
shares post-reorganisation being admitted to trading at 8.00 a.m.
on 15 December 2020 ("Admission").
Following Admission, the Company will have 1,298,940,372
ordinary shares of 0.1 pence each ("Ordinary Shares") admitted to
trading. The Company does not hold any Ordinary Shares in treasury
and therefore this figure of 1,298,940,372 Ordinary Shares may be
used by the Company's shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information, please contact:
Ironveld plc c/o Blytheweigh
Martin Eales, Chief Executive Officer +44 20 7138 3204
finnCap (Nomad and Broker)
Christopher Raggett / Charlie Beeson +44 20 7220 0500
Turner Pope (Joint Broker)
Andrew Thacker +44 20 3657 0050
Blytheweigh
Tim Blythe / Megan Ray +44 20 7138 3204
NOTES TO EDITORS
Ironveld (IRON.LN) is the owner of Mining Rights over
approximately 28 kilometres of outcropping Bushveld magnetite with
a SAMREC compliant ore resource of some 56 million tons of ore
grading 1,12% V2O5, 68,6% Fe2O3 and 14,7% TiO2.
The Definitive Feasibility Study published in April 2014
confirms the project's viability to deliver a Vanadium slag product
for which the company has an offtake agreement as well a High
Purity Iron product which commands a premium in the market place
and Titanium slag containing commercial grades of titanium.
Ironveld is an AIM traded company. For further information on
Ironveld please refer to www.ironveld.com.
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END
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December 14, 2020 05:32 ET (10:32 GMT)
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