Result of Lamaune Special Meeting

RNS Number : 3332T

Landore Resources Limited

11 October 2017

 

Landore Resources Limited

("Landore" or the "Company")

Result of Lamaune Special Meeting

Landore Resources is pleased to announce that, further to the announcement made on 13 September 2017 in connection with the Debt Settlement Agreement entered into with Lamaune Iron Inc. ("Lamaune"), all the resolutions put to the shareholders of Lamaune at the special meeting held today were duly passed.

Accordingly Lamaune will issue to Landore Canada 576,192,087 common shares in the capital of Lamaune, in full satisfaction of the loan receivable from Lamaune.

Following the issue of the shares, Landore Canada will hold 90.2% of the issued shares of Lamaune.

- ENDS -

Enquiries:

Bill Humphries / Richard Prickett

Landore Resources Limited

Tel: [phone]

Tel: [phone]

Angela Hallett / James Spinney

Strand Hanson Limited

Nomad / Broker

Tel: [phone]

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.

 

END

 

 

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