9th Dec 2024 15:34
9 December 2024
Nativo Resources Plc
("Nativo" or the "Company")
Result of General Meeting
Nativo Resources plc (LON:NTVO), which has interests in gold mines in Peru, is pleased to announce that, at the General Meeting ("GM") of the Company held earlier today, all resolutions were duly passed.
The results of the GM, which were determined by way of a poll, were as follows:
Resolutions | For | % | Against | % | Withheld |
1 | 4,407,988,020 | 74.54% | 1,505,825,770 | 25.46% | 3,877,395 |
2 | 4,487,999,265 | 75.89% | 1,425,814,525 | 24.11% | 3,877,395 |
1. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
2. Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.
For further information please contact:
Nativo Resources Stephen Birrell, Chief Executive Officer | Via Vigo Consulting |
| |
Zeus (Nominated Adviser and Joint Broker) James Joyce James Bavister
| Tel: +44 (0)20 3829 5000 |
| |
Peterhouse Capital limited (Joint Broker) Duncan Vasey Lucy WilliamsRose Greensmith | Tel: +44 (0)20 7469 0930 |
| |
Vigo Consulting (Investor Relations) Ben Simons Peter JacobAnna Sutton | Tel: +44 (0)20 7390 0234 |
About Nativo Resources plc
Nativo has interests in gold mining and exploration projects in Peru. Through a 50:50 joint venture established in July 2024 with an experienced local partner, Nativo secured an opportunity to scale operations at the Tesoro Gold Concession, owning 50% of the production and resources, targeting early cash flow generation in Q4 2024. In December 2024, Nativo agreed to acquire directly a 100% interest in the Morrocota Gold Mine, proximal to the Tesoro Gold Concession. Production from Morrocota is anticipated to commence by the end of Q1 2025. Longer-term, the Company plans to establish its own gold ore processing plant to retain a higher margin from production at its mines.
In addition to primary gold mining projects, the Company also holds the Ana Lucia Polymetallic concession and is investigating low capex strategies to appraise and exploit tailings deposits to recover gold.
Follow us on social media:
LinkedIn: https://uk.linkedin.com/company/nativoresources-plc
X (Twitter): https://x.com/nativoresources
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