Last checked at 16 Feb 2023 11:39
16 February 2023
Tertiary Minerals plc
("Tertiary" or "the Company")
Results of Annual General Meeting
Tertiary Minerals plc (LON: TYM) is pleased to provide the following information in respect of voting at its Annual General Meeting ("AGM") held on the 16 February 2023 where all votes were duly passed.
Table of Proxies received - all appointing the Chairman as Proxy:
1. Ordinary Resolution: To receive the Accounts and Reports of the Directors and of the Auditors | ||||||
Votes For | % of votes cast | Against | % of votes cast | At Chairman's Discretion | % of votes cast | No. Withheld |
150,619,809 | 99.80 | 0 | 0.00 | 307,377 | 0.20 | 86,000 |
2. Ordinary Resolution: To elect Mr P L Cheetham as a director | ||||||
Votes For | % of votes cast | Against | % of votes cast | At Chairman's discretion | % of votes cast | No. Withheld |
144,562,595 | 95.98 | 5,757,214 | 3.82 | 307,377 | 0.20 | 386,000 |
3. Ordinary Resolution: To reappoint Crowe U.K. LLP as Auditor of the Company | ||||||
Votes For | % of votes cast | Against | % of votes cast | At Chairman's discretion | % of votes cast | No. Withheld |
146,691,511 | 99.47 | 469,790 | 0.32 | 307,377 | 0.21 | 3,544,508 |
4. Ordinary Resolution: To authorise the directors to allot shares | ||||||
Votes For | % of votes cast | Against | % of votes cast | At Chairman's discretion | % of votes cast | No. Withheld |
140,166,864 | 92.87 | 10,452,945 | 6.93 | 307,377 | 0.2 | 86,000 |
5. Special Resolution: To approve dis-application of pre-emption rights | ||||||
Votes For | % of votes cast | Against | % of votes cast | At Chairman's discretion | % of votes cast | No. Withheld |
128,142,848 | 84.92 | 22,452,945 | 14.88 | 307,377 | 0.20 | 110,016 |
N.B. Votes withheld are not counted in a poll as they are not a vote in law.
In addition to the votes cast by Proxy, the Chairman was appointed as corporate representative for a number of nominee shareholders in respect of a total of 5,859,847 shares which were all voted in favour of all resolutions.
Other Shareholders present who had not previously submitted a proxy held a total of 10,348,470 shares.
All resolutions were passed unanimously on a show of hands.
The Company's Corporate Governance Statement requires that the Board states what, if any, actions it proposes to take as a result of resolutions for which votes against have been received from at least 20% of independent votes cast.
None of the resolutions had votes against exceeding 20% of independent votes cast.
For more information please contact:
Tertiary Minerals plc: | ||
Patrick Cheetham, Managing Director | +44 (0) 1625 838 679 | |
SP Angel Corporate Finance LLP - Nominated Adviser and Broker | ||
Richard Morrison | +44 (0) 203 470 0470 | |
Harry Davies-Ball | ||
Peterhouse Capital Limited - Joint Broker | ||
Lucy Williams | + 44 (0) 207 469 0930 | |
Duncan Vasey | ||
Note to Editors
Tertiary Minerals plc (LON: TYM) is an AIM traded mineral exploration and development company whose strategic focus is on energy transition and precious metals. The Company's portfolio of projects are located in stable and democratic, geologically prospective, mining-friendly jurisdictions. Tertiary's principal activities are the discovery and development of copper, gold and silver resources in Nevada and in Zambia.