28 January 2026
Corcel plc
("Corcel" or the "Company")
Results of Annual General Meeting
Corcel Plc (London AIM: CRCL), the Angola-Brazil focused energy company, announces that the resolutions put to shareholders at its Annual General Meeting ("AGM") held earlier today, were duly passed.
The resolutions put to the AGM were voted on by way of a poll and the results are as follows:
|
Resolutions |
For |
% |
Against |
% |
Withheld |
|
1 |
1,930,498,501 |
99.94% |
1,218,939 |
0.06% |
23,275,200 |
|
2 |
1,931,441,901 |
99.97% |
534,356 |
0.03% |
23,016,383 |
|
3 |
1,930,493,373 |
99.94% |
1,193,319 |
0.06% |
23,305,948 |
|
4 |
1,930,717,550 |
99.95% |
942,545 |
0.05% |
23,332,545 |
|
5 |
1,927,464,307 |
99.81% |
3,575,987 |
0.19% |
23,952,346 |
|
6 |
1,926,294,405 |
99.82% |
3,547,507 |
0.18% |
25,150,728 |
|
7 |
1,929,946,948 |
99.96% |
764,813 |
0.04% |
24,280,879 |
A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
For further information, please contact:
Scott Gilbert
Corcel Plc, CEO & Director
Melissa Byeon
Corcel plc, Public Relations Officer
James Joyce / James Bavister / Andrew de Andrade
Zeus, NOMAD & Broker
020 3829 5000
Jonathan Wright / Rupert Holdsworth Hunt
Auctus Advisors LLP, Joint Broker
07711 627449
About Corcel
Corcel has a notable oil and gas portfolio in onshore Angola that includes brownfield redevelopment opportunities and significant exploration upside. Corcel marked a new country entry into Brazil through the option to acquire rights to producing gas and exploration assets, further diversifying its portfolio and enhancing its growth potential.
Corcel's Angola portfolio consists of interests in three licenses:
· KON - 16 upon completion: operated - 80% working interest - 71.5% net to CRCL
· KON - 11 Non-Operated - 20% working interest - 18% net to CRCL
· KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL
Corcel's Battery Metals portfolio consists of an 80% working interest in the Mt Weld Rare Earth Elements project in Western Australia.