Results of General Meeting

Tertiary Minerals PLC

28 October 2026

 

28 October 2026

Tertiary Minerals plc

(“Tertiary” or the “Company”)

Results of General Meeting

Tertiary Minerals plc (LON: TYM) is pleased to announce that at its General Meeting held earlier today, all resolutions were duly passed on a show of hands. Accordingly, the 1,666,666,667 ordinary shares of 0.01 pence each in the Company (“Placing Shares”) and 83,333,333 Broker Warrants as announced on 30 September 2026, will be issued on 29 October 2026.

In total, 25 valid proxy forms were received with over 85% of votes cast by proxy being in favour of each resolution. The total number of shares voted by proxy for, against or withheld represents 23.33% of the Company’s issued share capital in the case of each resolution passed.

The following information is provided in respect of proxies submitted to the Company’s Registrars appointing the Chairman or third party as Proxy, and Personal Representatives in attendance.

1. Ordinary Resolution:  To authorise the directors to allot shares up to an aggregate nominal amount of £175,000 (consisting of 1,750,000,000 new ordinary shares of 0.01 pence each)
Votes For	% of votes cast	Against	% of votes cast	At Chairman’s discretion	% of votes cast	No. Withheld
1,437,209,793	87.67	202,218,033	12.33	0	0	83,450,671

2. Special Resolution:  To approve dis-application of pre-emption rights relating to Resolution 1
Votes For	% of votes cast	Against	% of votes cast	At Chairman’s discretion	% of votes cast	No. Withheld
1,436,505,199	87.60	203,269,253	12.40	0	0	83,104,045

3. Ordinary Resolution:  To authorise the directors to allot shares up to an aggregate nominal amount of £250,000 (consisting of 2,500,000,000 new ordinary shares of 0.01 pence each)
Votes For	% of votes cast	Against	% of votes cast	At Chairman’s discretion	% of votes cast	No. Withheld
1,436,494,064	87.63	202,857,188	12.37	0	0	83,527,245

4. Special Resolution:  To approve dis-application of pre-emption rights relating to Resolution 3
Votes For	% of votes cast	Against	% of votes cast	At Chairman’s discretion	% of votes cast	No. Withheld
1,403,095,044	85.59	236,272,241	14.41	0	0	83,511,212

N.B. Votes withheld are not counted as they are not a vote in law.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for admission of the Placing Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM. Admission is expected to occur at 8.00 a.m. on 29 October 2026. 

Following Admission of the Placing Shares, the Company's enlarged issued share capital will be 8,821,022,394 ordinary shares.

The Company holds no ordinary shares in treasury. The total number of voting rights in the Company will therefore be 8,821,022,394 following Admission and this figure may then be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Convertible Loan Note

Following completion of the Placing, the First Conversion Price of the Convertible Loan Note is reduced from 0.072p to 0.061p based on the agreement outlined in the announcement of 7 November 2025.  

Further Information:

Tertiary Minerals plc
Richard Belcher, Managing Director	[phone]
SP Angel Corporate Finance LLP, Nominated Adviser and Joint Broker
Caroline Rowe /Jen Clarke	[phone]
AlbR Capital Limited, Joint Broker
Lucy Williams/Duncan Vasey	[phone]

About Tertiary Minerals plc

Tertiary Minerals plc (AIM: TYM) is an AIM-traded mineral exploration and development company whose strategic focus is on energy transition metals. The Company’s projects are all located in stable and democratic, geologically prospective, mining-friendly jurisdictions. Tertiary’s current principal activities are the discovery and development of copper and precious metal mineral resources in Zambia and Nevada, USA.

 

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