Landore Regulatory News (LND)

13 July 2020

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) ("MAR").

Landore Resources Limited

("Landore Resources" or the "Company")

Result of Extraordinary General Meeting

Admission and Total Voting Rights

On 29 June 2020 Landore Resources (AIM: LND) announced that it had conditionally raised gross proceeds of £2.8m through a placing of 414,814,815 new Ordinary Shares at a price of 0.675 pence per new Ordinary Share and the issue of 414,814,815 Warrants to new and existing institutional investors in the Company (collectively, the "Placing"). The Placing was subject to, inter alia, the approval by Shareholders of the Resolutions set out in the Notice of Extraordinary General Meeting.

The Company is pleased to announce that all Resolutions regarding the Placing were duly passed at the Company's Extraordinary General Meeting held earlier today.

Admission and Total Voting Rights

Accordingly, Admission of the 414,814,815 new Ordinary Shares will become effective at 8.00 a.m. on 14 July 2020. Following Admission, the Company's issued share capital will consist of 1,799,076,699 Ordinary Shares with voting rights. Landore Resources does not hold any Ordinary Shares in treasury.

Following Admission, the abovementioned figure of 1,799,076,699 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Landore Resources under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Capitalised terms used in this announcement carry the same meaning as those ascribed to them in the Circular dated 29 June 2020, unless the context requires otherwise.

-ENDS-

For more information, please contact:

Landore Resources Limited 

Bill Humphries, Chief Executive Officer Tel: 07734 681262

Glenn Featherby, Finance Director Tel: 07730 420318

Cenkos Securities plc (Nominated Advisor and Broker)

Derrick Lee / Peter Lynch Tel: 0131 220 9771