Result of SGM and Update re Proposed Acquisition

Lexington Gold Limited

26 June 2023

 

26 June 2023

Lexington Gold Ltd

("Lexington Gold" or the "Company")

Result of Special General Meeting and

Update re Proposed Acquisition of White Rivers Exploration (Pty) Ltd

Lexington Gold (AIM: LEX), the gold exploration and development company with projects in North and South Carolina, USA, is pleased to announce that the resolutions proposed at its Special General Meeting ("SGM"), held earlier today, as set out in the notice of meeting dated 2 June 2023, were all duly approved by shareholders.

The SGM resolutions included approval of the Company's proposed conditional acquisition of 76 per cent. of White Rivers Exploration Proprietary Limited ("WRE"), an exploration and development company with significant gold assets in South Africa (the "Proposed WRE Transaction"), details of which were announced on 15 May 2023. A further announcement(s) will be made in due course regarding the Proposed WRE Transaction.

For further information, please contact:

Lexington Gold Ltd Bernard Olivier (Chief Executive Officer) Edward Nealon (Chairman) Mike Allardice (Group Company Secretary)	www.lexingtongold.co.uk   via Yellow Jersey
Strand Hanson Limited (Nominated Adviser) Matthew Chandler / James Bellman / Abigail Wennington	www.strandhanson.co.uk T: [phone]
WH Ireland Limited (Joint Broker) Katy Mitchell / Enzo Aliaj Peterhouse Capital Limited (Joint Broker) Duncan Vasey / Lucy Williams (Broking) Eran Zucker (Corporate Finance)	www.whirelandplc.com T: [phone] www.peterhousecap.com T: [phone]
Yellow Jersey PR Limited (Financial Public Relations) Charles Goodwin / Annabelle Wills / Soraya Jackson	www.yellowjerseypr.com T: [phone]

Note to Editors:

Lexington Gold (AIM: LEX) is a gold exploration and development company currently holding interests in four diverse gold projects, covering a combined area of approximately 1,675 acres in North and South Carolina, USA. The projects are situated in the highly prospective Carolina Super Terrane ("CST"), which has seen significant historic gold production and is host to several multi-million-ounce mines operated by majors. It was also the site of the first US gold rush in the early 1800s, before gold was discovered in California.

Further information is available on the Company's website: www.lexingtongold.co.uk. Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

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