Amur Minerals Corporation Result of AGM (4638J)

TIDMAMC

RNS Number : 4638J

Amur Minerals Corporation

09 September 2016

AMUR MINERALS CORPORATION

(AIM: AMC)

Annual General Meeting Results

The Annual General Meeting of Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, was held at 11 a.m. at the offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London EC4R 3TT, UK.

Resolutions 1 (approval of Report and Accounts), 2 (reappointment of auditors) and 3 (reappointment of Brian Savage as a Director) were duly passed.

Voting on resolutions 4 and 5 was conducted on a poll, the result of which was that both resolutions were not carried.

Resolutions 4 and 5 were required to give the Company authority to issue shares sufficient to meet the requirements of the Crede CG III Ltd financing announced on 14 December 2015 (the "Crede Financing"). Consequently Amur does not have sufficient authorisation from its shareholders to complete the fourth and fifth instalments of the Crede Financing. As a result, the Directors expect that the total amount raised under the Crede Financing will remain at the present level of GBP7.5 million and the Company will not receive the balance of a further GBP5 million that it would have received if it had been authorised by shareholders to complete the Crede Financing in full.

 
     Company          Nomad and Broker      Public Relations 
   Amur Minerals     S.P. Angel Corporate     Yellow Jersey 
       Corp.             Finance LLP 
   Robin Young           Ewan Leggat        Dominic Barretto 
        CEO             Laura Harrison       Harriet Jackson 
 [phone]     [phone]      [phone] 
 

For additional information, visit the Company's website, www.amurminerals.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 09, 2016 09:12 ET (13:12 GMT)