Business
Result of SGM and Update re Proposed Acquisition
Result of SGM and Update re Proposed Acquisition.
About this update from Lexington Gold Ltd.
[{"type":"text","content":"\n\n26 June 2023\nLexington Gold Ltd\n(\"Lexington Gold\" or the \"Company\")\nResult of Special General Meeting and\nUpdate re Proposed Acquisition of White Rivers Exploration (Pty) Ltd\n \nLexington Gold (AIM: LEX), the gold exploration and development company with projects in North and South Carolina, USA, is pleased to announce that the resolutions proposed at its Special General Meeting (\"SGM\"), held earlier today, as set out in the notice of meeting dated 2 June 2023, were all duly approved by shareholders.\n \nThe SGM resolutions included approval of the Company's proposed conditional acquisition of 76 per cent. of White Rivers Exploration Proprietary Limited (\"WRE\"), an exploration and development company with significant gold assets in South Africa (the \"Proposed WRE Transaction\"), details of which were announced on 15 May 2023. A further announcement(s) will be made in due course regarding the Proposed WRE Transaction.\n \n \nFor further information, please contact:\n \n\n\n\nLexington Gold Ltd\nBernard Olivier (Chief Executive Officer)\nEdward Nealon (Chairman)\nMike Allardice (Group Company Secretary)\n \n\n\nwww.lexingtongold.co.uk \nvia Yellow Jersey\n\n\n\n\nStrand Hanson Limited (Nominated Adviser)\nMatthew Chandler / James Bellman / Abigail Wennington\n\n\nwww.strandhanson.co.uk\nT: +44 207 409 3494\n\n\n\n\n \nWH Ireland Limited (Joint Broker)\nKaty Mitchell / Enzo Aliaj\n \nPeterhouse Capital Limited (Joint Broker)\nDuncan Vasey / Lucy Williams (Broking)\nEran Zucker (Corporate Finance)\n \n\n\n \nwww.whirelandplc.com\nT: +44 207 220 1666\n \nwww.peterhousecap.com\nT: +44 207 469 0930\n\n\n\n\nYellow Jersey PR Limited (Financial Public Relations)\nCharles Goodwin / Annabelle Wills / Soraya Jackson\n\n\nwww.yellowjerseypr.com\nT: +44 7948 758 681\n \n\n\n\n \nNote to Editors:\nLexington Gold (AIM: LEX) is a gold exploration and development company currently holding interests in four diverse gold projects, covering a combined area of approximately 1,675 acres in North and South Carolina, USA. The projects are situated in the highly prospective Carolina Super Terrane (\"CST\"), which has seen significant historic gold production and is host to several multi-million-ounce mines operated by majors. It was also the site of the first US gold...