GM Result

Kavango Resources PLC

22 January 2025

 

22 January 2025

Kavango Resources PLC

("Kavango" or "the Company")

Results of General Meeting

Southern Africa-focussed metals exploration company Kavango Resources plc (LSE:KAV) is pleased to announce the results of a General Meeting of Kavango Resources PLC held at the offices of the Company's Solicitors, Druces LLP, Salisbury House, London Wall, London EC2M 5PS on 22 January 2025 at 11 a.m.

All six resolutions put to members were passed on a show of hands. Resolutions 1, 3 and 5 were passed as ordinary resolutions and Resolutions 2, 4 and 6 were passed as special resolutions.

The number of proxy votes cast for and against each of the resolutions proposed, and the number of proxy votes withheld were as follows:

Resolution	Votes for	%	Votes against	%	Votes withheld
Resolution 1 (Ordinary) To authorise the allotment and issue of the Subscription Shares	1,030,553,317	98.55%	15,204,622	1.45%	152,347
Resolution 2 (Special) Conditional upon the passing of Resolution 1, to disapply the statutory pre-emption rights on the issue of the Subscription Shares	1,030,690,317	98.56%	15,104,622	1.44%	115,347
Resolution 3 (Ordinary) To authorise the allotment and issue of the CLN Shares	1,030,553,317	98.55%	15,204,622	1.45%	152,347
Resolution 4 (Special) Conditional upon the passing of Resolution 3, to disapply the statutory pre-emption rights on the issue of the CLN Shares	1,030,653,317	98.56%	15,104,622	1.44%	152,347
Resolution 5 (Ordinary) To authorise the allotment and issue of the VFEX Shares	1,029,027,792	98.54%	15,204,622	1.46%	1,677,872
Resolution 6 (Special) Conditional upon the passing of Resolution 5, to disapply the statutory pre-emption rights on the issue of the VFEX Shares	1,029,127,792	98.55%	15,104,622	1.45%	1,677,872

The total proxy votes cast on the 6 Resolutions represented approximately 66% of the issued share capital as at 22 January 2025.

As at 22 January 2025, there were 1,562,683,176 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

The full text of each resolution is available in the Notice of General Meeting, published on our website.

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

For further information please contact:

Kavango Resources plc                                                                                    

Ben Turney

[phone]

First Equity (Broker)

[phone]

Jason Robertson             

 

END