Last checked at 9 Feb 2011 18:15
For immediate release: 9 February 2011
Pathfinder Minerals Plc
("Pathfinder Minerals" or the "Company")
Result of General Meeting
Approved acquisition of IM Minerals Limited
Further to the announcement dated 14 January 2011, Pathfinder Minerals (AIM: PFP), the natural resources company with licences to mine heavy minerals sands in Mozambique, announces that all resolutions proposed at the General Meeting of the Company, held today, were duly passed, including the acquisition of IM Minerals Limited.
Full details of the acquisition of IM Minerals are contained within the Admission Document, dated 30 December 2010, which is available on the Company's website: www.pathfinderminerals.com.
Application has been made to the London Stock Exchange for the 728,556,730 Consideration Shares, the 11,052,632 Placing Shares and the 20,266,665 Warrant Shares to be admitted to trading on AIM. Admission is expected to become effective, and trading in the Ordinary Shares to commence, at 8.00am on 10 February 2011. On Admission the Company will have 809,406,498 Ordinary Shares in issue.
Enquiries:
Pathfinder Minerals Plc
Nick Trew, Chief Executive
Tel. +44 (0)20 7920 2340 (via M: Communications)
Daniel Stewart & Company Plc
Oliver Rigby or James Thomas
Tel: +44(0)20 7776 6550
M: Communications
Ben Simons or Maria Souvorov
+44 (0)20 7920 2340 /2327