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27 Nov 2020 09:34
27 November 2020
CASTILLO COPPER LIMITED("Castillo" or the "Company")
Result of AGM
Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, is pleased to advise that at its 2020 Annual General Meeting, held yesterday at 1:00 p.m. WST, all resolutions were duly passed.
Details of the voting results, which should be read alongside the Notice of AGM, are set out below:
Resolution |
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| Proxy Votes | Poll Results (if applicable) | |||||
| Decided by Show of Hands (S) or Poll (P) | Total Number of Proxy Votes exercisable by proxies validly appointed | For | Against | Abstain | Proxy's Discretion | For | Against | Abstain |
1: Adoption of Remuneration Report | P | 21,841,353 | 21,715,712 99.42% | 100,000 0.46% | 495,000 | 25,641 0.12% | 21,741,353 99.54% | 100,000 0.46% | 1,900,361 |
2: Re-election of Director - Mr Robert Scott | P | 22,336,353 | 22,210,712 99.44% | 100,000 0.45% | 0 | 25,641 0.11% | 23,236,353 99.57% | 100,000 0.43% | 1,405,361 |
3: Approval of Additional 10% Placement Facility | P | 22,336,353 | 22,048,837 98.71% | 261,875 1.17% | 0 | 25,641 0.11% | 24,479,839 98.94% | 261,875 1.06% | 0 |
4: Adoption of Incentive Performance Rights and Options Plan | P | 21,827,353 | 21,239,837 97.31% | 561,875 2.57% | 509,000 | 25,641 0.12% | 22,670,839 97.58% | 561,875 2.42% | 509,000 |
5: Approval of Salary Sacrifice Share Plan | P | 22,336,353 | 22,098,837 98.94% | 211,875 0.95% | 0 | 25,641 0.11% | 22,124,478 99.05% | 211,875 0.95% | 1,405,361 |
6: Issue of Shares to Director under Salary Sacrifice Share Plan - Mr Robert Scott | P | 22,322,353 | 22,084,837 98.94% | 211,875 0.95% | 14,000 | 25,641 0.11% | 23,110,478 99.09% | 211,875 0.91% | 1,419,361 |
7: Issue of Shares to Director under Salary Sacrifice Share Plan - Mr Simon Paull | P | 22,322,353 | 22,084,837 98.94% | 211,875 0.95% | 14,000 | 25,641 0.11% | 23,515,839 99.11% | 211,875 0.89% | 14,000 |
8: Issue of Shares to Director under Salary Sacrifice Share Plan - Mr Gerrard Hall | P | 22,322,353 | 22,084,837 98.94% | 211,875 0.95% | 14,000 | 25,641 0.11% | 24,515,839 99.14% | 211,875 0.86% | 14,000 |
For further information, please contact:
Castillo Copper Limited | +61 8 6558 0886 |
Simon Paull (Australia), Managing Director Gerrard Hall (UK), Director |
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SI Capital Limited (Financial Adviser and Corporate Broker) | +44 (0)1483 413500 |
Nick Emerson |
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Luther Pendragon (Financial PR) | +44 (0)20 7618 9100 |
Harry Chathli, Alexis Gore, Joe Quinlan |
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About Castillo Copper
Castillo Copper Limited is an Australian-based explorer primarily focused on copper across Australia and Zambia. The group is embarking on a strategic transformation to morph into a mid-tier copper group underpinned by its core projects:
· The Mt Oxide project in the Mt Isa copper-belt district, north-west Queensland, which delivers significant exploration upside through having several high-grade targets and a sizeable untested anomaly within its boundaries in a copper-rich region.
· Four high-quality prospective assets across Zambia's copper-belt which is the second largest copper producer in Africa.
· A large tenure footprint proximal to Broken Hill's world-class deposit that is prospective for zinc-silver-lead-copper-gold.
· Cangai Copper Mine in northern New South Wales, which is one of Australia's highest grading historic copper mines.
Castillo Copper is listed on the LSE and ASX under the ticker "CCZ." For further information, visit the Company's website: www.castillocopper.com
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