viewOrmonde Mining plc

Ormonde Mining PLC - Result of AGM

RNS Number : 0583R
Ormonde Mining PLC
18 September 2017

18 September 2017



Ormonde Mining plc

("Ormonde" or "the Company")


Result of AGM



The Board of Ormonde announces that all resolutions proposed to shareholders at the Company's Annual General Meeting held in Dublin today were duly passed.



A copy of the presentation on the construction of the Barruecopardo Tungsten Mine and mine site drone footage showing recent construction activity, which were presented to shareholders following the formal business of the AGM, will be made available today on the Company's website www.ormondemining.com.


Share Capital Reorganisation

The Share Capital Reorganisation (the "Reorganisation") approved at today's AGM will result in the nominal value of Ordinary Shares being reduced from €0.025 each to €0.01 each. The Reorganisation will leave all shareholders holding the same amount of Ordinary Shares as they held prior to the Reorganisation and thus the aggregate value of their holding should remain unchanged.


With effect from 8.00 am on 19 September 2017, 472,507,482 Ordinary Shares of nominal value €0.01 each, being the entire issued ordinary share capital of Ormonde, will be admitted to trading on the AIM Market of the London Stock Exchange and the ESM Market of the Irish Stock Exchange.  The new Ormonde shares are registered under ISIN: IE00BF0MZF04.



Enquiries to:


Ormonde Mining plc Tel: +353 (0)1 8014184

Paul Carroll, Chief Financial Officer

Fraser Gardiner, Chief Operating Officer


Capital M Consultants

Simon Rothschild Mob: +44 (0)7703 167065


Murray Consultants

Mark Brennock Tel: +353 (0)1 4980300 Mob: +353 (0)87 2335923


Davy (Nomad, ESM Adviser and Joint Broker)

John Frain Tel: +353 (0)1 679 6363


SP Angel Corporate Finance LLP (Joint Broker)

Ewan Leggat Tel: +44 (0)20 3 470 0470

This information is provided by RNS
The company news service from the London Stock Exchange

Quick facts: Ormonde Mining plc

Price: 0.65

Market: AIM
Market Cap: £3.07 m

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...