Result of AGM

RNS Number : 4217R

Pembridge Resources plc

29 June 2020

 

29 June 2020

Annual General Meeting

London, United Kingdom - Pembridge Resources plc (LSE: PERE) ("Pembridge" or the "Company") is pleased to announce that the Annual General Meeting ("AGM") was held on 29^th June 2020 at the offices of Kerman & Co at 200 Strand London WC2R 1DJ and the outcome of the consideration of the resolutions put to the shareholders.

Like many other companies, Pembridge was not able to post its Annual Report and Consolidated Financial Statements, which were released on Monday 29 ^th June, in time to be considered at the Company's  Annual General Meeting, due to delays caused by the Covid-19 pandemic.  Instead, the Company's Consolidated Financial Statements and the re-appointment of the Company's auditors will be considered at an Extraordinary General Meeting to be announced soon.

Voting at the AGM was done by proxy only, following government guidelines related to the Covid-19 pandemic.  At the meeting, all resolutions proposed for the meeting were passed, including re-election of the Company's three directors and two further resolutions authorising the allotment of new ordinary shares up to a nominal amount of £150,000 and the allotment of such shares  without first offering the shares to existing shareholders in proportion to their existing shareholdings.

Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:

"My fellow directors and I appreciate the support of the Company's shareholders.  The Company has come a long way since 2019 and we will continue to strive to maximise the value of our investment in Minto Explorations."

ENDS

NOTES TO EDITORS

About Pembridge Resources plc

Pembridge is a mining company that is listed on the standard segment of the Official List of the FCA and trading on the main market for listed securities of London Stock Exchange plc. Pembridge has an investment in Minto Explorations Ltd, a British Columbia incorporated business operating the Minto mine in Yukon, Canada.

Enquiries:

Pembridge Resources plc:     [phone]

Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board

David James, Chief Financial Officer

Brandon Hill Capital - United Kingdom:       [phone]

Jonathan Evans

 

END

 

 

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