29 Jun 2018 15:55
29 June 2018
Kemin Resources plc
('Kemin' or the 'Company')
Result of AGM and Licence Extension
Kemin (AIM: KEM), a molybdenum and tungsten exploration and development company with substantial interests in Kazakhstan, is pleased to announce that all of the resolutions put forward at its Annual General Meeting held earlier today were passed.
The Company is also pleased to confirm that it has received informal confirmation from the relevant Kazakh ministry that it has been granted, for a further two years, the extension to the Drozhilovskoye licence (Licence No. 1606) in Kazakhstan. The Company will make a further announcement once the formal documentation confirming this has been received.
As previously announced, the extension to the Company's Smirnovskoye licence (Licence No. 1605) to September 2019, and approval of the associated work programmes, was agreed with the Kazakh authorities in H1 2017.
For further information please visit www.keminresources.com or contact:
Kemin Resources plc:
Rajinder Basra (Chief Financial Officer) +44 (0) 207 932 2456
Strand Hanson Limited (Nominated & Financial Adviser and Broker):
James Spinney / Ritchie Balmer / Eric Allan +44 (0) 207 409 3494
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.