Resignation of Portfolio Managers

Summary by AI ^BETAClose X

Golden Prospect Precious Metals Ltd announced that its joint portfolio managers, Keith Watson and Robert Crayfourd, have resigned from Investment Manager CQS, though they will continue to manage the portfolio for the time being, subject to a three-month notice period. The Company's Board is discussing the implications with CQS and has served protective notice of termination on the investment management agreement, which has a 12-month notice period, while actively considering future management arrangements.

Disclaimer*

Golden Prospect Precious Metals Ltd

09 March 2026

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

9 March 2026

Golden Prospect Precious Metals Limited

Resignation of Portfolio Managers

The Board of Golden Prospect Precious Metals Ltd (the "Company" or "GPM") announces that it has been informed by Manulife CQS Investment Management ("CQS"), the Company's Investment Manager, that the joint portfolio managers of GPM, Keith Watson and Robert Crayfourd, have resigned from CQS.

The Board has also been informed by CQS that Keith and Robert, who are both subject to a three-month notice period with CQS, will continue to manage the Company's portfolio for the time being.

The Board will be discussing the impact of the resignations on GPM with CQS and is actively considering its options regarding the future management arrangements for GPM. The Board has therefore resolved to serve protective notice of termination on CQS in respect of the investment management agreement forthwith, whilst those discussions and such review are ongoing. The investment management agreement between GPM and CQS has a notice period of 12 months.

The Board will make a further announcement in due course.

Enquiries

Apex Fund and Corporate Services (Guernsey) Limited

James Taylor

+44 (0) 203 5303 600

GPPMCoSec@apexgroup.com

About Golden Prospect Precious Metals

Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006. The Company's investment objective is to provide Shareholders with capital growth from a portfolio of companies involved in the precious metals sector. For the latest factsheet and other information, click here.

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