Hummingbird Resources PLC — AGM Information 2023

Mar 13, 2023

National Storage Mechanism | Additional information

RNS Number : 7925S

Hummingbird Resources PLC

13 March 2023

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

13 March 2023

Hummingbird Resources plc

("Hummingbird" or the "Company")

Result of General Meeting, Director Dealing and TVR

Hummingbird Resources plc (AIM: HUM) is pleased to announce that the Resolutions were duly passed at its General Meeting held earlier today.

As detailed in the 10 March 2023 update, with the Resolutions now passed at the General Meeting, the sum of the CIG Investment, the Subscription and the Open Offer, results in total gross proceeds for the Company of c.US$17.1 million.

Admission and Total Voting Rights

Application has been made to the LSE for the admission of the 117,724,008 CIG Second Tranche Shares, 15,150,000 Subscription Shares and 7,920,997 Open Offer Shares to trading on AIM, which is expected to take effect on or around 14 March 2023 (''Admission'').

Following Admission, the Company's issued share capital will consist of 596,568,699 Ordinary Shares, all with voting rights. The Company currently does not hold shares in treasury. The total number of voting rights in the Company following Admission is therefore 596,568,699, which may be used which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

PDMR Notification

As previously announced, Thomas Hill, Finance Director of the Company, subscribed for 83,339 Open Offer Shares. Following such subscription, Thomas Hill is beneficially interested in 491,574 Ordinary Shares, representing approximately 0.08 per cent. of the Company's issued share capital following Admission.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Thomas Hill

2.

Reason for the Notification

a)

Position/status

Finance Director

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor

a)

Name

Hummingbird Resources Plc

b)

LEI

213800PBYMQ6Z2D7UZ96

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of 1 penny each

Identification code

GB00B60BWY28

b)

Nature of the Transaction

Purchase of Ordinary Shares

c)

Transfer Price(s) and volume(s)

Price(s)	Volume(s)
7.79 pence purchase	83,339

d)

Aggregated information

Aggregated volume Price

N/A, single transaction

e)

Date of the transaction

13/03/2023

f)

Place of the transaction

London

**ENDS**

Notes to Editors:

Hummingbird Resources plc (AIM: HUM) is a leading multi-asset, multi-jurisdiction gold production, development and exploration Company, member of the World Gold Council and founding member of Single Mine Origin (www.singlemineorigin.com). The Company currently has two core gold projects, the operational Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea, which will more than double current gold production when in production, scheduled for first gold pour the end of Q2 2023. Further, the Company has a controlling interest in the Dugbe Gold Project in Liberia that is being developed by Pasofino Gold Limited through an earn-in agreement. The final feasibility results on Dugbe showcase 2.76Moz in Reserves and strong economics such as a 3.5-year capex payback period once in production, and a 14-year life of mine at a low AISC profile. Our vision is to continue to grow our asset base, producing profitable ounces, while central to all we do being our Environmental, Social & Governance ("ESG") policies and practices.

For further information, please visit hummingbirdresources.co.uk or contact:

Daniel Betts, CEO Thomas Hill, FD Edward Montgomery, CD	Hummingbird Resources plc	Tel: +44 (0) 20 7409 6660
James Spinney Ritchie Balmer	Strand Hanson Limited Nominated Adviser	Tel: +44 (0) 20 7409 3494
James Asensio Gordon Hamilton	Canaccord Genuity Limited Broker	Tel: +44 (0) 20 7523 8000
Bobby Morse Oonagh Reidy George Cleary	Buchanan Financial PR/IR	Tel:  +44 (0) 20 7466 5000 Email: HUM@buchanan.uk.com

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