Business
Accounts and Notice of Annual General Meeting
Accounts and Notice of Annual General Meeting.
About this update from Corcel Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7517U\n Corcel PLC\n 07 December 2021\n \n \n \n \n \n \n \n Corcel PLC\n \n \n (\"Corcel\" or the \"Company\")\n \n \n \n \n \n Final Audited Results \n \n \n for the Year Ended 30 June 2021 and Notice of Annual General Meeting\n \n \n \n \n \n 07 December 2021\n \n \n The Company's Annual Report and Financial Statements for 2021, extracts from which are set out below, together with the Notice of the Company's Annual General Meeting (AGM) will be published to shareholders on Wednesday, 8 December 2021 and a copy of the documents will be available on the Company's website at www.corcelplc.com.\n \n \n \n \n \n The AGM is to be held at We Work, 3 Waterhouse Square, 138-142 Holborn, London, EC1N 2SW at 1:00p.m. on Friday, 31 December 2021. \n \n \n \n \n \n Given the continuing concerns regarding COVID-19, Shareholders, whilst able to attend the AGM in person this year, are requested to consider their safety carefully prior to attending the meeting. The Company will continue to monitor the guidelines set by the Government and any changes to attendance of the meeting will be communicated via RNS. \n \n \n \n \n \n \n \n \n Chairman and CEO Statement \n \n \n \n \n \n Overview\n \n \n \n \n \n During the twelve-month period to 30 June 2021, which marked my second year as Chairman at Corcel Plc (the \"Company\", \"Corcel\"), we have continued building the core Net Asset Value (NAV) in our portfolio, which spans the exciting intersection of battery metals mining and their end use in both energy storage and the electric vehicle revolution. Despite the varied challenges of the global pandemic, this progress has included three asset acquisitions: the Tring Road peaker plant acquired during the year in review; secondly, the Avonmouth peaker plant in the UK; and thirdly, Wowo Gap Nickel / Cobalt asset acquired after the period end in PNG. The year has also included operational progress at Mambare, where we secured the environmental permit - a critical step on the route to a Mining Lease. Progress was also made at the Dempster Vanadium project, where operational results highlight exceptionally good rock and soil samples, which, amongst other signs, indicate the presence and grade of the Canol Formation and enable good formation track...