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AGM Statement

30 Jun 2020 10:30

 

Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company

30 June 2020

Armadale Capital Plc(‘Armadale’ or ‘the Company’)

AGM Statement

Armadale Capital plc (LON: ACP) the AIM quoted investment company focused on natural resource projects in Africa, held its annual general meeting (‘AGM’) today and all resolutions were duly passed.

**ENDS**

Enquiries:

 

Armadale Capital Plc

Nick Johansen, Non-Executive Director

Tim Jones, Company Secretary

+44 (0) 20 7236 1177

Nomad and broker: finnCap Ltd

Christopher Raggett / Teddy Whiley

+44 (0) 20 7220 0500

Joint Broker: SI Capital Ltd

Nick Emerson

+44 (0) 1483 413500

Press Relations: St Brides Partners Ltd

Charlotte Page / Beth Melluish

+44 (0) 20 7236 1177

 

Notes

Armadale Capital Plc is focused on investing in and developing a portfolio of investments, targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement.

The Company owns the Mahenge Liandu graphite project in south-east Tanzania, which is now its main focus. The Project is located in a highly prospective region with a high-grade JORC compliant Indicated and inferred mineral resource estimate of 59.48Mt @ 9.8% TGC, making it one of the largest high-grade resources in Tanzania, and work to date has demonstrated Mahenge Liandu’s potential as a commercially viable deposit with significant tonnage, high-grade coarse flake and near surface mineralisation (implying a low strip ratio) contained within one contiguous ore body.

Other assets Armadale has an interest in, include the Mpokoto Gold project in the Democratic Republic of Congo and a portfolio of quoted investments.

More information can be found on the website www.armadalecapitalplc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200630005420/en/

Copyright Business Wire 2020

Date   Source Headline
21st Feb 20207:00 amBUSProject Update
17th Jan 20207:00 amRNSExercise of Warrants and Issue of Equity
7th Jan 202011:01 amBUSAppointment of Non-executive Director
27th Dec 20191:00 pmBUSREPLACEMENT: Exercise of Warrants and Issue of Equity
23rd Dec 20191:45 pmBUSExercise of Warrants
18th Dec 201912:00 pmBUSCorporate Update
6th Dec 20197:00 amRNSAppointment of Non-executive Director
26th Nov 20198:25 amBUSDirectorate change
11th Nov 20199:25 amBUSMine Design & Project Engineer Site Visit Update
1st Nov 201910:36 amRNSFurther Information on Strategic Financing
30th Oct 201910:15 amBUSFurther Strategic Financing
25th Oct 20199:40 amBUSFurther Offtake Agreement MOU
18th Oct 20197:00 amRNSShareholder Webinar
15th Oct 20199:40 amBUSResource Upgrade Confirms High Grade Near Surface Mineralisation
3rd Oct 20197:00 amRNSNew Corporate Presentation
26th Sep 20197:00 amBUSFurther Offtake Agreement MOU
25th Sep 20192:20 pmRNSInvestor Presentation Evening
16th Sep 20191:41 pmBUSStrategic Financing
16th Sep 201911:14 amBUSInterim Results
11th Sep 20197:00 amBUSMineral Resource Update Nearing Completion
5th Sep 20192:00 pmRNSPrice Monitoring Extension
4th Sep 201911:30 amBUSDownstream Test-Work Commenced
28th Aug 20197:04 amBUSHigh-Grade Assay Results Demonstrate Commercial Potential of Large Graphite Project
22nd Aug 20197:45 amBUSMetallurgical Test-work Completes with Highly Encouraging Results
8th Aug 20197:00 amBUSExceptionally High Purity – Metallurgical Test-work
16th Jul 20197:00 amBUSPositive Metallurgical Test-Work Results
27th Jun 201912:15 pmBUSResult of AGM
27th Jun 20197:00 amBUSAGM Statement
25th Jun 20197:00 amBUSExceptionally High-Grade Assay Results
3rd Jun 20193:00 pmBUSDirector Share Purchase
29th May 201910:15 amBUSFast-tracking Commercialisation Plans
28th May 20197:00 amBUSFinal Results and Notice of AGM
20th May 201910:45 amBUSNew Corporate Presentation
15th May 20197:00 amBUSMahenge Liandu Project DFS Update
26th Apr 20197:00 amBUSMahenge Liandu Graphite Project DFS Update
16th Apr 20197:45 amBUSMahenge Liandu Graphite Project Update
20th Mar 201910:53 amRNSHolding(s) in Company
11th Mar 20197:00 amBUSAppointment of Non-executive Director
27th Feb 201910:15 amBUSStrategic Financing & Corporate Update
19th Feb 20197:00 amBUSMOU Signed for Mahenge Liandu Graphite Project
11th Jan 20197:00 amBUSFormal Agreement Reached for the Sale of the non-core Mpokoto Gold Project
24th Oct 20189:08 amBUSProposed Sale of the non-core Mpokoto Gold Project
21st Sep 20187:00 amBUSAppointment of Marketing Consultant
20th Sep 20187:00 amBUSInterim Results
21st Jun 20183:33 pmBUSResult of AGM
6th Jun 20187:00 amBUSReserve Definition Drilling Commences at Mahenge Liandu Graphite Project
23rd May 20187:00 amBUSFinal Results
21st May 20184:00 pmBUSChange of registered address
3rd May 20187:00 amBUSCommencement of Feasibility Study at Mahenge Liandu
9th Apr 201811:00 amBUSPlacing to Raise £963,500

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