Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining
28 June 2021
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 2020 | 128,446,709 | 52,795 | 100.0% | Nil |
2. Re-appoint PKF Littlejohn LLP as auditors | 128,446,709 | 52,795 | 100.0% | Nil |
3. Authorise Directors to agree and fix auditors' remuneration | 128,446,709 | 52,795 | 100.0% | Nil |
4. Re-elect Peter Secker as Director | 128,435,569 | 63,935 | 100.0% | Nil |
5. Re-elect Graham Brown as Director | 128.366.709 | 132,795 | 99.9% | Nil |
6. Authorise the Directors to allot Ordinary Shares | 128,362,803 | 136,701 | 99.9% | Nil |
Special Resolutions | | | | |
7. Disapply the statutory pre-emption rights on allotment of shares | 128,358,225 | 141,279 | 99.9% | Nil |
8. Authorise the Company to make market purchases to buy-back shares | 128,366,709 | 132,795 | 99.9% | Nil |
*ENDS*
For further information go to www.zinnwaldlithium.com or contact:
Anton du Plessis | Zinnwald Lithium plc | info@zinnwaldlithium.com |
David Hart/Liz Kirchner | Allenby Capital (Nominated Adviser) | +44 (0) 20 3328 5656 |
James Pope/Andy Thacker | Turner Pope Investments (TPI) Ltd (Broker) | +44 (0) 20 3657 0050 |
Isabel de Salis/Selina Lovell | St Brides Partners (Financial PR) | info@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, a late-stage development project with attractive economics and approved mining licence. A Feasibility Study, published in June 2019, highlighted a €428m pre-tax NPV, a pre-tax IRR of 27.4% and a 46% EBITDA margin for Zinnwald. The project is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's most advanced battery grade lithium projects.
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