Business
Result of General Meeting - Replacement
Result of General Meeting - Replacement.
About this update from Rome Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8434T\n Pathfinder Minerals Plc\n 29 March 2021\n \n \n \n The following announcement replaces the 'Result of General Meeting' announcement released on 29 March 2021 at 12.29 under RNS number 8323T. The issued share capital, following admission of the Placing Shares and Commission Shares as defined, will be 461,328,168. All other details remain unchanged. The full amended text is shown below.\n \n \n \n \n 29 March 2021\n \n Pathfinder Minerals Plc\n (\"Pathfinder\" or the \"Company\")\n \n Result of General Meeting and Total Voting Rights\n \n Pathfinder announces that at a General Meeting held earlier today all resolutions were passed with the requisite majorities by way of a poll.\n \n On 19 February 2021, the Company announced that it has entered into an agreement to conditionally raise 300,000 before expenses by way of a placing of 60,000,000 new Ordinary shares of 0.01 pence each (\"Ordinary Shares\") at a price of 0.50 pence per share (\"Placing Shares\") (the \"Placing\"). \n \n \n \n \n The Placing was divided into two tranches: The first tranche comprised the placing of 38,500,000 Placing Shares, which were issued pursuant to the Company's previous authorities to allot shares. The second tranche, comprising of 21,500,000 Placing Shares, was conditional upon the passing of the two resolutions today.\n \n \n As the resolutions have now been passed, the second tranche of Placing Shares will be issued upon receipt of the second tranche of placing proceeds, subject only to admission to trading on AIM. As also announced on 19 February 2021, commission of 4% on £286,792 of the placing proceeds (excluding VAT) is payable to Align Research Ltd (\"Align\") and will be settled through the allotment and issuance of 2,294,336 Ordinary Shares at a price of 0.5 pence per share (the \"Commission Shares\"). The Commission Shares will be issued on the same date as the second tranche of Placing Shares.\n \n Following the issue of the Commission Shares, insofar as the Company is aware, Align (together with its connected persons) will be interested in 60,724,175 Ordinary Shares in the Company.\n \n Total Voting Rights\n \n Application has been made for admission of the 21,500,000 Placing Shares and 2,294,336 Commis...