Last checked at 13 Apr 2015 11:01
13 April 2015
Armadale Capital Plc (‘Armadale’ or ‘the Company’)
Result of General Meeting
Armadale, the AIM quoted investment company focused on natural resources projects in Africa, is pleased to announce that all resolutions were duly passed at the Company’s General Meeting held earlier today.
**ENDS**
| Enquiries: | ||
| Armadale Capital | ||
| Justin Lewis, Director | +61 439 162369 | |
| Charles Zorab | +44 207 233 1462 | |
| Nomad and broker: finnCap Limited | ||
| Stuart Andrews/ Christopher Raggett | +44 207 220 0500 | |
| Joint Broker: VSA Capital Limited | +44 203 005 5000 | |
| Bhavesh Patel/Richard Buckle | ||
| Press relations: St Brides Partners Limited | ||
| Susie Geliher/Charlotte Heap | +44 207 236 1177 | |
More information can be found on the website www.armadalecapitalplc.com
Notes
Armadale Capital Plc is focussed on investing in and developing a portfolio of investments, targeting the natural resources sector 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 potential businesses where it can take an active role in their advancement.
Armadale owns 80% of the Mpokoto Gold Project in the Democratic Republic of Congo. Armadale is focussed on proving up the resource potential of Mpokoto with a view to commencing commercial gold production.
Armadale also holds approximately a 30% interest in Mine Restoration Investments Ltd, a South African listed company, which aims to develop profitable operations within the South African mining industry through its coal processing operation in KwaZulu Natal.
In addition, Armadale has a small portfolio of listed investments which are focused on gold and copper production and exploration. The Directors continue to maintain an active acquisition strategy and will review investment opportunities that they believe have the potential to be accretive in terms of shareholder value.
Copyright Business Wire 2015