JERSEY, UK, March 28, 2018 /CNW/ -
Tethyan Resources plc (TSXV: TETH) (the
"Company") announces that it has set the date for a meeting
of its shareholders to approve: (i) an increase to the Company's
authorized share capital; and (ii) the Company's proposed
acquisition of all the issued and outstanding shares of Taor D.O.O,
as previously disclosed in the Company's news releases dated
February 14, 2018 and March 20, 2018.
The meeting will be held on May 18,
2018 at 12:00 p.m.
(London time) at the offices of
Memery Crystal LLP, 165 Fleet Street, London EC4A 2DY. A notice of meeting and
information circular, along with proxy materials, will be sent to
shareholders of the Company.
About Tethyan
Tethyan Resources plc is a gold and base metal mineral
exploration company incorporated in England & Wales. Tethyan is focused
on the Tethyan Metallogenic Belt in Eastern Europe, mainly in Serbia, where it is
acquiring and exploring a portfolio of quality precious and base
metals projects with known mineralisation and compelling drill
targets. Tethyan emphasises responsible engagement with local
communities and stakeholders, and is committed to proactively
implementing Good International Industry Practice (GIIP) and
sustainable health, safety and environmental management. More
information can be found on our website:
www.tethyan-resources.com.
TSX Venture Exchange Disclaimer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward Looking Statements
Certain information contained herein constitutes
"forward-looking information" under Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements with respect to the time and location of the
meeting and mailing the meeting materials. Generally,
forward-looking information can be identified by the use of
forward-looking terminology and phrases or statements that certain
actions, events or results "will" occur. Forward-looking statements
are based on the opinions and estimates of management as of the
date such statements are made and they are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
the Company to be materially different from those expressed or
implied by such forward-looking statements or forward-looking
information, including: the receipt of all necessary regulatory
approvals, capital expenditures and other costs, and financing and
additional capital requirements. Although management of the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements or forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward looking information. The
Company will not update any forward-looking statements or
forward-looking information that are incorporated by reference
herein, except as required by applicable securities laws.
SOURCE Tethyan Resources PLC