Result of AGM

RNS Number : 0119A

Shefa Yamim (A.T.M.) Ltd

06 September 2018

 

B"H

6 September 2018

Shefa Yamim (A.T.M.) Ltd

("Shefa Yamim" or the "Company")

Result of AGM

Shefa Yamim (LSE: SEFA), a precious stone exploration company in Northern Israel, announces that at the Annual General Meeting of the Company, held earlier today, all resolutions were duly passed.

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Enquiries

Shefa Yamim (A.T. M.) Ltd
Avi Taub, Chief Executive Officer www.shefayamim.com	[phone]
VSA Capital Limited - Financial Adviser and Broker
Andrew Raca, Stephanie Jury	[phone]
Daniel Stewart & Company - Joint Broker
Jon Levinson, Richard Potts	[phone]
Luther Pendragon
Harry Chathli, Ana Ribeiro, Alexis Gore	[phone]

About Shefa Yamim (A.T.M.)

Shefa Yamim is a multi-commodity precious stone exploration and prospecting Company in Northern Israel.  It has two flagship projects, Mount Carmel (volcanic primary bedrock sources of gemstone and industrial minerals) and the Kishon Mid Reach (secondary alluvial placer deposits hosting the gemstone and industrial minerals derived from primary bodies).

After 19 years of exploration in a "greenfields" terrain, Shefa Yamim established a "Source to Sink" geological model and the presence of a Target Mineral Assemblage ("TMA") in both primary volcanic sources and in secondary alluvial deposits lying within the Kishon catchment, on Mount Carmel and in the Ramot Menashe area.

The TMA comprises gemstones and industrial minerals. The gemstones collectively make up the "Gem Box" suite, comprised of diamond (rare and small macro-diamond to microdiamond sizes), natural moissanite (that is rare globally), sapphire, ruby, Carmel Sapphire™ (a new sapphire type found, to date, only in northern Israel), hibonite (another rare gem), garnet, ilmenite and spinel. The heavy industrial minerals constitute the "HIM" suite hosting zircon (which may be gem grade at larger sizes) and rutile.

www.shefayamim.com 

 

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