Result of General Meeting

RNS Number : 7354H

Jangada Mines PLC

02 August 2019

 

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

2 August 2019

 Jangada Mines plc ("Jangada" or the "Company")

Result of General Meeting

Jangada Mines plc, a natural resources company, is pleased to announce that, at the General Meeting held earlier today, the Resolution put forward relating to the disposal of the entity that holds the Pedra Branca Project to ValOre, as set out in the circular posted to Shareholders on 17 July 2019 (the "Circular"), has been duly approved. As such, the Disposal will now proceed, subject to satisfaction of the remaining Conditions, on the terms set out in the Share Purchase Agreement. Further updates will be provided on the progress of the Disposal, which is expected to complete by the end of Q3 2019, as and when appropriate.

Please refer to the Circular for further information on the Disposal.

Unless otherwise defined, capitalised terms are as per the definitions section in the Circular.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

For further information, please visit www.jangadamines.com or contact:

Jangada Mines plc	Brian McMaster (Chairman)	Tel: [phone]
Strand Hanson Limited (Nominated & Financial Adviser)	James Spinney Ritchie Balmer Jack Botros	Tel: [phone]
Brandon Hill Capital (Broker)	Jonathan Evans Oliver Stansfield	Tel: [phone]
St Brides Partners Ltd (Financial PR)	Isabel de Salis Gaby Jenner	Tel: [phone]

 

END

 

 

ROMCKBDBCBKKOFK