ZINNWALD LITHIUM PLC

AGM Information • Jun 13, 2023

National Storage Mechanism | Additional information

RNS Number : 5558C

Zinnwald Lithium PLC

13 June 2023

Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

13 June 2023

Zinnwald Lithium plc ("Zinnwald Lithium" or the "Company")

AGM Results

Zinnwald Lithium plc, the German focused lithium development company, announces that at its annual general meeting ("AGM") held earlier today, all resolutions were duly passed, as follows: 

Resolution	Votes for	Votes Against	Approval	Withheld
Ordinary Resolutions	Shares	Shares	%	Shares
1.    Receive the Annual report and financial statements for the year ended 31 December 2022	254,468,997	11,207	100.0%	8,492
2.    Re-appoint PKF Littlejohn LLP as auditors	254,251,495	229,197	99.9%	8,004
3.    Authorise Directors to agree and fix auditors' remuneration	254,331,253	150,500	99.9%	6,943
4.    Re-elect Stefan Scherer as Director	254,275,361	146,344	99.9%	66,991
5.    Re-elect Graham Brown as Director	254,206,213	217,492	99.9%	64,991
6.    Re-elect Peter Secker as Director	253,357,065	1,066,640	99.6%	64,991
7.    Authorise the Directors to allot Ordinary Shares	254,211,609	193,268	99.9%	83,819
Special Resolutions
8.    Disapply the statutory pre-emption rights on allotment of shares	252,255,387	1,104,141	99.6%	1,129,168
9.    Authorise the Company to make market purchases to buy-back shares	254,369,500	49,473	100.0%	69,723

*ENDS*

For further information visit www.zinnwaldlithium.com or contact:

Anton du Plessis Cherif Rifaat	Zinnwald Lithium plc	info@zinnwaldlithium.com
David Hart Dan Dearden-Williams	Allenby Capital (Nominated Adviser)	+44 (0) 20 3328 5656
Michael Seabrook Adam Pollock	Oberon Capital Ltd (Joint Broker)	+44 (0) 20 3179 5300
Richard Greenfield Charles Bendon	Tamesis Partner LLP (Joint Broker)	+44 (0) 20 3882 2868
Isabel de Salis Paul Dulieu	St Brides Partners (Financial PR)	zinnwald@stbridespartners.co.uk

Notes

Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, German focused lithium development company focussed on becoming an important supplier to Europe's fast-growing battery sector. The Company owns the Zinnwald Lithium Project in Germany, an advanced development project with attractive economics and approved mining licence.  Its PEA, published in September 2022 highlighted the positive economics of the Project with a Pre-tax NPV8 of US$1,605m, IRR of 39.0%, $192m EBITDA and a payback of just 3.3 years.  The Project is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's more advanced battery grade lithium projects.

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