Result of Annual General Meeting

RNS Number : 5291Q

Bushveld Minerals Limited

12 September 2017

 

12 September 2017

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Result of Annual General Meeting

Bushveld Minerals Limited (AIM: BMN), a diversified mineral development company with a portfolio of vanadium, tin and coal assets in Southern Africa, announces that all resolutions put to the shareholders at the Annual General Meeting held earlier today were duly passed.

Enquiries: [e-mail]

Bushveld Minerals Limited

Fortune Mojapelo                                                                      [phone]

Strand Hanson Limited (Nominated Adviser)

James Harris / Ritchie Balmer                                                    [phone]

Beaufort Securities (Joint broker)

Jon Bellis                                                                                  [phone]

SP Angel Corporate Finance (Joint broker)

Ewan Leggat                                                                            [phone]

Blytheweigh (Public Relations)

Tim Blythe / Camila Horsfall                                                      [phone]

Gabriella von llle                                                                        [phone]

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is a diversified AIM listed mineral development company with a portfolio of vanadium, tin and coal assets in Southern Africa and Madagascar.  The Company's flagship vanadium platform includes the Mokopane Vanadium Project, the Brits Vanadium Project, and the Bushveld Iron Ore & Titanium Project. The tin platform comprises the Uis Tin Project in Namibia and the Mokopane Tin Project in South Africa, whereas the Imaloto Coal Project, which is being developed as one of Madagascar's leading independent power producers, makes up the Company's coal platform.

The Company's vision is to become the largest, low cost, integrated primary vanadium producer. This incorporates development and promotion of the role of vanadium in the growing global energy storage market through Bushveld Energy, the Company's energy storage solutions provider. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is a strong potential for an imminent and significant demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries.

Bushveld Minerals' approach to project development recognises that whilst attractive project economics are imperative, they are insufficient to secure capital to bring them to account. A clear path to production with a visible timeframe, low capex requirements and scalability are important factors in retaining an attractive exit option. This philosophy is core to the Company's strategy in developing projects. Detailed information on the Company and progress to date can be accessed on the website: www.bushveldminerals.com.

 

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