Results of General Meeting
Summary by AI BETAClose X
26 February 2026
Tungsten West Plc
("Tungsten West", the "Company" or the "Group")
Results of General Meeting
Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, is pleased to announce that all resolutions were duly passed at the Company's General Meeting held today.
Following the passing of the resolutions, the Company will proceed with the allotment and issue of the Second Tranche Placing Shares, the Second Tranche Subscription Shares and the Retail Offer Shares, as described in the Company's circular published on 9 February 2026.
Admission of Shares
Admission has been made for 122,458,870 Ordinary Shares, which have been allocated as Second Tranche Subscription Shares and Second Tranche Placing Shares and 16,666,666 Shares, which have been allocated as Retail Offer Shares (together, the "New Ordinary Shares"). The total number of New Ordinary Shares to be admitted to trading on AIM will be 139,125,536. It is anticipated that Second Admission will become effective, and that dealings in the Ordinary Shares will commence, at 8.00 a.m. (London time) on 27 February 2026.
Total Voting Rights on Second Admission
Following admission of the New Ordinary Shares, the total number of shares in issue in the Company will be 1,213,866,637 Ordinary Shares of £0.01 each and 290,882,119 B shares of £0.01 each. This number of Ordinary Shares may be used by shareholder as the denominator for the calculations by which they will determine if they are required to notify their interests in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Ordinary Shares, when issued, will be fully paid and will rank pari passu in all respects with each other and with the existing Ordinary Shares of the Company, including, without limitation, the right to receive all dividends and other distributions declared, made or paid after the date of issue.
Capitalised terms used but not defined in this announcement will have the same meaning given to them in the Circular.
Ends
For further information, please contact:
Enquiries
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Tungsten West Jeff Court Tel: +44 (0) 1752 278500
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Strand Hanson (Nominated Adviser and Financial Adviser) James Spinney / James Dance / Abigail Wennington Tel: +44 (0) 207 409 3494 |
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BlytheRay (Financial PR) Megan Ray / Rachael Brooks Tel: +44(0) 20 7138 3204 Email: tungstenwest@blytheray.com
Hannam & Partners (Broker) Andrew Chubb / Matt Hasson / Jay Ashfield Tel: +44 (0)20 7907 8500 |
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