Result of GM

RNS Number : 9823A

Pathfinder Minerals PLC

09 February 2011

 

For immediate release: 9 February 2011

Pathfinder Minerals Plc

("Pathfinder Minerals" or the "Company")

Result of General Meeting

Approved acquisition of IM Minerals Limited

Further to the announcement dated 14 January 2011, Pathfinder Minerals (AIM: PFP), the natural resources company with licences to mine heavy minerals sands in Mozambique, announces that all resolutions proposed at the General Meeting of the Company, held today, were duly passed, including the acquisition of IM Minerals Limited.

Full details of the acquisition of IM Minerals are contained within the Admission Document, dated 30 December 2010, which is available on the Company's website: www.pathfinderminerals.com.

Application has been made to the London Stock Exchange for the 728,556,730 Consideration Shares, the 11,052,632 Placing Shares and the 20,266,665 Warrant Shares to be admitted to trading on AIM. Admission is expected to become effective, and trading in the Ordinary Shares to commence, at 8.00am on 10 February 2011. On Admission the Company will have 809,406,498 Ordinary Shares in issue.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone] (via M: Communications)

Daniel Stewart & Company Plc

Oliver Rigby or James Thomas

Tel: [phone]

M: Communications

Ben Simons or Maria Souvorov

[phone] /2327

 

END

 

 

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