Result of AGM

RNS Number : 1607Y

Tertiary Minerals PLC

27 February 2012

 



Tertiary Minerals PLC

("Tertiary" or "the Company")

RESULT OF AGM

Tertiary Minerals plc (ticker symbol 'TYM'), an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector, announces that at its annual general meeting (AGM) held on Friday 24 February, all resolutions were duly passed.

ENQUIRIES

Tertiary Minerals plc Tel: [phone]

Patrick Cheetham, Executive Chairman www.tertiaryminerals.com

Seymour Pierce Limited Tel: [phone]

Stewart Dickson (Corporate Finance)

Jeremy Stephenson (Corporate Broking)

Yellow Jersey PR Limited Tel: [phone]

Dominic Barretto

NOTES TO EDITORS

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries and Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway).

A European Commission report has named fluorspar as one of its 14 'critical mineral raw materials' for which a predicted supply shortage would represent a substantial economic threat. The fluorspar market is going through a 'paradigm shift' - with China evolving from a large net exporter to a potential net importer. Tertiary Minerals plc is one of a limited number of listed companies offering exposure to looming fluorspar market shortage.

The Company has diversified its risk with projects in a variety of commodities in Finland and Saudi Arabia. Shares in the Company trade on AIM.

For further information: www.tertiaryminerals.com

 

END

 

 

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