Business
Final Results and Notice of Annual General Meeting
Final Results and Notice of Annual General Meeting.
About this update from Landore Resources Limited
[{"type":"text","content":"\n\n27 June 2025\nLandore Resources Limited\n(\"Landore\" or the \"Company\")\nFinal Results for the Year Ended 31 December 2024\nand Notice of Annual General Meeting\n \nThe Board of Landore (AIM: LND) is pleased to announce the Company's audited final results for the year ended 31 December 2024.\nThe Company's forthcoming Annual General Meeting (\"AGM\") is to be held at One Heddon Street, London, W1B 4BD at 11.00 a.m. on 5 August 2025.\nThe full 2024 Annual Report along with a circular containing a formal Notice of the forthcoming AGM will shortly be made available on the Company's website at: www.landore.com and are today being posted to shareholders.\n \nLandore's CEO, Alexander Shaw, today commented:\n\"2024 has been a momentous year for the team at Landore. Having joined as Chief Executive Officer mid-year, I am pleased with our progress to date in advancing our flagship BAM Gold Project. A review of the current geological and mineralisation models to identify high value drill targets within the existing ore body alongside the results of a soil and channel sampling programme, paved the way for a recently completed circa 3,500m drill programme.\n\"Our refocused strategy involves fast-tracking development and monetisation of BAM in a cost-effective way, which I currently envision as being a 'string of pearls' type mining operation with significant potential for both surface and underground operations. We successfully raised approximately £3.68m gross by way of two tranche subscription in June 2024 thereby introducing a number of well renowned industry names and institutional investors to the register, attesting to the attractiveness and potential of our asset portfolio. We also refreshed our corporate logo and branding alongside a new more interactive website and Investor Hub.\n\"With the gold price near all-time highs, there has never been a better time to be a gold developer in Ontario - a tier one gold jurisdiction, with potential for BAM to be a district scale, high volume gold operation. I am proud of our achievements and look forward to an even more productive 2025 with an updated mineral resource estimate for BAM anticipated to be received in Q3 2025, reflecting the results from our recent drill campaign, to be followed by an updated Prefeasibility Study.\" \nEngage with us by asking questions, watchi...