Result of AGM

RNS Number : 7577G

Castillo Copper Limited

27 November 2020

 

27 November 2020

CASTILLO COPPER LIMITED
("Castillo" or the "Company")

Result of AGM

Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, is pleased to advise that at its 2020 Annual General Meeting, held yesterday at 1:00 p.m. WST, all resolutions were duly passed.

Details of the voting results, which should be read alongside the Notice of AGM, are set out below:

Resolution			Proxy Votes				Poll Results (if applicable)
	Decided by Show of Hands (S) or Poll (P)	Total Number of Proxy Votes exercisable by proxies validly appointed	For	Against	Abstain	Proxy's Discretion	For	Against	Abstain
1 : Adoption of Remuneration Report	P	21,841,353	21,715,712 99.42%	100,000 0.46%	495,000	25,641 0.12%	21,741,353 99.54%	100,000 0.46%	1,900,361
2 : Re-election of Director - Mr Robert Scott	P	22,336,353	22,210,712 99.44%	100,000 0.45%	0	25,641 0.11%	23,236,353 99.57%	100,000 0.43%	1,405,361
3 : Approval of Additional 10% Placement Facility	P	22,336,353	22,048,837 98.71%	261,875 1.17%	0	25,641 0.11%	24,479,839 98.94%	261,875 1.06%	0
4 : Adoption of Incentive Performance Rights and Options Plan	P	21,827,353	21,239,837 97.31%	561,875 2.57%	509,000	25,641 0.12%	22,670,839 97.58%	561,875 2.42%	509,000
5 : Approval of Salary Sacrifice Share Plan	P	22,336,353	22,098,837 98.94%	211,875 0.95%	0	25,641 0.11%	22,124,478 99.05%	211,875 0.95%	1,405,361
6 : Issue of Shares to Director under Salary Sacrifice Share Plan - Mr Robert Scott	P	22,322,353	22,084,837 98.94%	211,875 0.95%	14,000	25,641 0.11%	23,110,478 99.09%	211,875 0.91%	1,419,361
7 : Issue of Shares to Director under Salary Sacrifice Share Plan - Mr Simon Paull	P	22,322,353	22,084,837 98.94%	211,875 0.95%	14,000	25,641 0.11%	23,515,839 99.11%	211,875 0.89%	14,000
8 : Issue of Shares to Director under Salary Sacrifice Share Plan - Mr Gerrard Hall	P	22,322,353	22,084,837 98.94%	211,875 0.95%	14,000	25,641 0.11%	24,515,839 99.14%	211,875 0.86%	14,000

 For further information, please contact:

Castillo Copper Limited	[phone]
Simon Paull (Australia), Managing Director Gerrard Hall (UK), Director
SI Capital Limited (Financial Adviser and Corporate Broker)	[phone]
Nick Emerson
Luther Pendragon (Financial PR)	[phone]
Harry Chathli, Alexis Gore, Joe Quinlan

About Castillo Copper

Castillo Copper Limited is an Australian-based explorer primarily focused on copper across Australia and Zambia. The group is embarking on a strategic transformation to morph into a mid-tier copper group underpinned by its core projects:

· The Mt Oxide project in the Mt Isa copper-belt district, north-west Queensland, which delivers significant exploration upside through having several high-grade targets and a sizeable untested anomaly within its boundaries in a copper-rich region.

· Four high-quality prospective assets across Zambia's copper-belt which is the second largest copper producer in Africa.

· A large tenure footprint proximal to Broken Hill's world-class deposit that is prospective for zinc-silver-lead-copper-gold.

· Cangai Copper Mine in northern New South Wales, which is one of Australia's highest grading historic copper mines.

Castillo Copper is listed on the LSE and ASX under the ticker "CCZ." For further information, visit the Company's website: www.castillocopper.com

 

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