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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Jangada Mines Plc | LSE:JAN | London | Ordinary Share | GB00BZ11WQ61 | ORD GBP0.0004 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.30 | 1.20 | 1.40 | 1.30 | 1.30 | 1.30 | 29,178 | 07:31:04 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 0 | -936k | -0.0036 | -3.61 | 3.36M |
From Apr 2019 to Apr 2024
TIDMJAN
RNS Number : 1849D
Jangada Mines PLC
29 January 2018
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining
29 January 2018
Jangada Mines plc ('Jangada' or the 'Company')
Result of Annual General Meeting
Jangada Mines plc, an AIM quoted company developing the Pedra Branca polymetallic project in Brazil, is pleased to announce that all resolutions at the Company's AGM held today were duly passed.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
** ENDS **
For further information, please visit www.jangadamines.com or contact:
Jangada Mines plc E: info@jangadamines.com Strand Hanson Limited (Financial T: +44 (0)20 7409 & Nominated Adviser) 3494 James Spinney / Ritchie Balmer / Jack Botros Beaufort Securities (Joint T: +44 (0)20 7382 Broker) 8300 Jon Belliss St Brides Partners LTD (Financial T: +44 (0)20 7236 PR) 1177 Isabel de Salis
Notes to the Editors
Jangada Mines plc is focused on developing the Pedra Branca PGM Project ('the Project'), one of the largest undeveloped PGM projects outside of Africa, with the potential to supply a market in long-term deficit. The Company is aiming to establish a low cost, low capex open pit mine, with a target to produce 30,000 oz/annum by the end of 2018 from three existing mining licences with mineralisation commencing at surface. The Project has a JORC (2012) Compliant Resource of approximately 1 million ounces of PGM+Au at a grade of 1.3 g/t, 109Mlbs of Ni, 23Mlbs of Cu, 6.4Mlbs of Co and 670kt of Cr. Circa 52% of this is contained within current mining licences and is considered a low development risk due to previous exploration work totalling + US$35 million. Additionally, the Company owns a further 44 exploration licences spanning 55,000 hectares, which have significant upside potential for PGM, nickel, copper, chrome, rhodium, gold, and vanadium. The team has a wealth of experience, not only of the Project but of mining in South America across a range of commodities.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGUKARRWAAAUAR
(END) Dow Jones Newswires
January 29, 2018 05:20 ET (10:20 GMT)
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