Requisition to Convene a General Meeting

RNS Number : 3796J

Pathfinder Minerals Plc

29 March 2018

 

29 March 2018

Pathfinder Minerals plc

("Pathfinder" or the "Company")

Requisition to Convene a General Meeting

The Board of Pathfinder Minerals has received an email purporting to requisition a general meeting of the Company's shareholders (the "Requisition"). The Requisition proposes that shareholders be asked to consider resolutions to remove Nick Trew and Sir Henry Bellingham from the Board; and to appoint James Normand (a former director of the Company) and James Lumley to the Board. The Company will comply with its obligations under the Companies Act and, subject to establishing the validity of the Requisition, will convene a general meeting.

Enquiries:                                                                                                        

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone]

WH Ireland Limited (Nomad and Corporate Broker)

James Joyce or Jessica Cave

Tel. [phone]

Vigo Communications (Public Relations)

Ben Simons or Kate Rogucheva

Tel. [phone]

Email. [e-mail]

Notes to Editors:

Pathfinder Minerals Plc is incorporated in England and is admitted to trading on the AIM market of the London Stock Exchange.

CMdN, a subsidiary of Pathfinder, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.

As announced on 3 February 2012, ownership of these licences is being disputed.

 

END

 

 

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