28th Jun 2018 14:41
Cradle Arc Plc / EPIC: CRA.L / Market: AIM / Sector: Mining
28 June 2018
Cradle Arc plc
("Cradle Arc" or the "Company")
Results of AGM and Warrant Issue
Cradle Arc (AIM: CRA), the African focused base and precious metals exploration and production company, is pleased to announce that the resolutions proposed at its Annual General Meeting ("AGM") held earlier today, were duly passed.
Further to the Company's previous announcements of 5 June and 18 June 2018 and the passing of resolutions 7 and 8 at today's AGM, the 35,668,420 warrants previously agreed to be issued have now been duly allotted by the Board.
For further information on the Company, please visit www.cradlearc.com or contact:
Cradle Arc plc Kevin van Wouw Mark Jones
| Tel: +44 (0)20 7637 5216 |
Strand Hanson Limited Angela Hallett Matthew Chandler James Dance
| Tel: +44 (0)20 7409 3494 |
Tamesis Partners LLP Richard Greenfield
| Tel: +44 (0)20 3882 2868 |
Tavistock Limited Charles Vivian Gareth Tredway | Tel: +44 (0)20 7920 3150 |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
About Cradle Arc
AIM-quoted Cradle Arc plc is the 60 per cent. owner of the Mowana copper mine in Botswana, a fully operational open pit mine and processing facility located in the north-east of the country, approximately 120km northwest of Francistown.
The Company recently released a maiden open pit ore reserve estimate (Proved and Probable) of 31.8Mt at 1.17% Cu for 370,800 tonnes contained copper metal, based on a Dense Media Separation (DMS) mine plan.
Related Shares:
CRA.L