Result of EGM

Golden Prospect Precious Metals Ltd

08 July 2026

 

8 July 2026

GOLDEN PROSPECT PRECIOUS METALS LIMITED (the "Company")

Result of Extraordinary General Meeting

The Company announces the result of voting on the special resolution proposed at the Extraordinary General Meeting ("EGM") held at 1 Royal Plaza, Royal Avenue, St Peter Port, Guernsey, GY1 2HL on 8 July 2026. A poll was held on the resolution, and the resolution was passed by the required majority.

SPECIAL RESOLUTION	FOR		AGAINST		TOTAL VOTES	VOTES WITHHELD*
	Votes	%	Votes	%
1.       To authorise the Company, to make market purchases of its own ordinary shares as detailed in the circular dated 12 June 2026.	10,464,575	92.90	800,109	7.10	11,264,684	20,111

*A 'vote withheld' is not a vote in law and is not counted towards the proportion of votes 'for' and 'against' a resolution.

The full text of the resolution can be found below.

"To authorise the Company, in accordance with Article 4.8 of the Articles of Association of the Company and The Companies (Guernsey) Law, 2008, as amended (the "Law"), to make market purchases of its own ordinary shares of £0.001 each ('Ordinary Shares'), such authorisation conditional upon the Ordinary Shares of the Company continuing to be admitted to listing on the Official List of The International Stock Exchange ("TISE") and, with the exception of a tender offer or partial offer being made to all holders of Ordinary Shares on the same terms:

·    the maximum aggregate number of ordinary shares hereby authorised to be purchased shall be such number as represents up to 14.99 per cent. of the Company's existing issued Ordinary Share capital (excluding treasury shares) as at 11 June 2026;

·    the minimum price (exclusive of expenses) which may be paid for the Ordinary Shares to be £0.001 per Ordinary Share;

·    the maximum price (exclusive of expenses) payable by the Company for the Ordinary Shares to be 5% above the average of the closing middle market quotations (as derived from Bloomberg) of an Ordinary Share for the five (5) consecutive dealing days preceding the date on which the purchase is made;

·    the authority (unless previously renewed or revoked) will expire at the end of the annual general meeting of the Company to be held in 2027 or, if earlier, on the date falling eighteen months from the date of passing of this resolution;

·    the Company may make a contract to purchase its own Ordinary Shares under the authority hereby conferred prior to the expiry of such authority which will or may be executed or wholly or partly executed after the expiry of such authority, and may make a purchase of its own Ordinary Shares in pursuance of any such contract."

Enquiries
Manulife | CQS Investment Management Craig Cleland	[phone]
Cavendish Capital Markets Limited Robert Peel (Corporate Finance) Daniel Balabanoff / Pauline Tribe (Sales)	[phone] [phone]
Apex Fund and Corporate Services (Guernsey) Limited James Taylor	[phone]
Tavistock Jos Simson / Gareth Tredway / Eliza Logan	[phone]

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 mining sector. 

For the latest factsheet and other information, click here. 

 

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