By Joe Hoppe
Europa Metals Ltd. said Tuesday that all resolutions at its annual general meeting passed, allowing it to issue shares as part of a fundraise, though some had low support from shareholders.
The mining company said votes cast in person or by proxy supporting the six resolutions received support ranging between 77.82% and 79.37%.
The company said that following the approval of the related resolution, it will issue second fundraising shares.
Application has been made for 5.4 million shares to be admitted to trading on London's AIM, and admission is expected to become effective on Dec. 1. Following admission, the company's total issued ordinary shared capital will be 79.1 million ordinary shares.
Write to Joe Hoppe at joseph.hoppe@wsj.com
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November 30, 2021 at 08:32PM
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Europa Metals Says All Resolutions Passed at AGM, Though Some Had Low Support - MarketWatch
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