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JANGADA MINES PLC

AGM Information Aug 2, 2019

7726_dva_2019-08-02_8ae8b79c-8258-4d8d-9897-bc7255de7e0b.html

AGM Information

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RNS Number : 7354H

Jangada Mines PLC

02 August 2019

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

2 August 2019

Jangada Mines plc ("Jangada" or the "Company")

Result of General Meeting

Jangada Mines plc, a natural resources company, is pleased to announce that, at the General Meeting held earlier today, the Resolution put forward relating to the disposal of the entity that holds the Pedra Branca Project to ValOre, as set out in the circular posted to Shareholders on 17 July 2019 (the "Circular"), has been duly approved. As such, the Disposal will now proceed, subject to satisfaction of the remaining Conditions, on the terms set out in the Share Purchase Agreement. Further updates will be provided on the progress of the Disposal, which is expected to complete by the end of Q3 2019, as and when appropriate.

Please refer to the Circular for further information on the Disposal.

Unless otherwise defined, capitalised terms are as per the definitions section in the Circular.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

For further information, please visit www.jangadamines.com or contact:

Jangada Mines plc Brian McMaster (Chairman) Tel: +44 (0) 20 7317 6629
Strand Hanson Limited

(Nominated & Financial Adviser)
James Spinney

Ritchie Balmer

Jack Botros
Tel: +44 (0)20 7409 3494
Brandon Hill Capital

(Broker)
Jonathan Evans

Oliver Stansfield
Tel: +44 (0)20 3463 5000
St Brides Partners Ltd

(Financial PR)
Isabel de Salis

Gaby Jenner
Tel: +44 (0)20 7236 1177

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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