Further to the announcement of 24 August 2020, the Company is pleased to advise that the General Meeting (“GM”) was held today, as scheduled, and that the resolution to approve the buy-back of the Company’s Deferred Shares (“the Resolution”) was duly passed.
As advised, and because the meeting was held as a closed meeting, the vote on the Resolution was conducted by poll. The result of the poll was as follows:
| Resolution to approve buy-back of Deferred Shares | |||||
| Votes For | % of votescast | Votes Against | % of votes cast | Total Votes | Total Votes as % of the No. of issued ordinary shares |
| 27,342,340 | 99.11% | 244,537 | 0.89% | 27,586,877 | 3.32% |
Included in this result are the valid proxies for shareholders who were not present at the GM whereby the Chairman was directed to vote, and voted, as follows:
| Proxies voted by Chairman for shareholders not voting in person at the GM | |||||
| Votes For | % of proxy votes | Against | % of proxy votes | At Chairman’s discretion | Withheld |
| 16,964,427 | 98.58% | 244,537 | 1.42% | 0 | 0 |
The Deferred Shares will now be transferred to the Company and cancelled as set out in the Circular sent to shareholders with the Notice of GM.
Further information:
| Tertiary Minerals plcPatrick Cheetham, Executive Chairman | +44 (0)1625 838 679 |
| SP Angel Corporate Finance LLPNominated Adviser & BrokerRichard Morrison/Caroline Rowe | +44 (0)203 470 0470 |
| Peterhouse Capital LimitedJoint BrokerLucy Williams/Duncan Vasey | +44 (0)207 469 0930 |
Notes to Editors
Tertiary Minerals plc (ticker symbol ‘TYM’) is an AIM-traded mineral exploration company building and developing a multi-commodity project portfolio – Industrial minerals, base and precious metals.
