TIDMHOC
RNS Number : 7147D
Hochschild Mining PLC
04 March 2022
_________________________________________________________________________________
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION IN WHICH
IT WOULD BE UNLAWFUL TO DO SO.
ANY VOTING DECISION BY SHAREHOLDERS IN CONNECTION WITH THE
ACQUISITION SHOULD BE MADE ON THE BASIS OF THE INFORMATION
CONTAINED IN THE CIRCULAR.
PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS
ANNOUNCEMENT.
4 March 2022
Publication of Circular and Notice of Extraordinary General
Meeting
Proposed acquisition of Amarillo Gold Corporation
("Amarillo")
Further to the announcement made by Hochschild Mining PLC
("Hochschild" or the "Company") on 30 November 2021, in which
Hochschild announced that it had entered into a definitive
agreement with Amarillo to acquire all of the issued and
outstanding shares of Amarillo (the "Acquisition"), Hochschild
announces that a shareholder circular relating to the Acquisition
(the "Circular") has been approved by the Financial Conduct
Authority (the "FCA").
Completion of the Acquisition remains conditional on, amongst
other things, the approval of Hochschild shareholders and,
accordingly, the Circular contains a notice of extraordinary
general meeting ("EGM") of the Company's shareholders to be
convened at 2 p.m. on 22 March 2022 at the offices of Linklaters
LLP, One Silk Street, London EC2Y 8HQ. The procedures and timings
for the appointment of a proxy are set out in the notes to the
notice of the EGM at the back of the Circular. Copies of the
Circular in relation to the EGM will be posted to Hochschild
shareholders shortly.
The Circular will be submitted to the National Storage
Mechanism, where it will shortly be available for inspection at
www.morningstar.co.uk/uk/nsm. In addition, the Circular is also
available to view on the Company's website
(www.hochschildmining.com/en/investors/shareholder_information/share_price/Amarillo_acquisition)
and will be available for inspection at the Company's registered
office at 17 Cavendish Square, London, W1G 0PH, United Kingdom.
________________________________________________________________________________
Enquiries:
Hochschild Mining PLC
Raj Bhasin +44 (0)7825 533495
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)20 7796 4133
Public Relations
RBC Capital Markets ( Financial Adviser, Sole Sponsor and
Corporate Broker)
Marcus Jackson
Ryan Latinovich
Hugh Samson
Scott Redwood +44 (0)20 7653 4000
________________________________________________________________________________
About Hochschild Mining PLC
Hochschild Mining PLC is a leading precious metals company
listed on the London Stock Exchange (HOCM.L / HOC LN) and
crosstrades on the OTCQX Best Market in the U.S. (HCHDF), with a
primary focus on the exploration, mining, processing and sale of
silver and gold. Hochschild has over fifty years' experience in the
mining of precious metal epithermal vein deposits and currently
operates three underground epithermal vein mines, two located in
southern Peru and one in southern Argentina. Hochschild also has
numerous long-term projects throughout the Americas.
LEI: 549300JK10TVQ3CCJQ89
________________________________________________________________________________
About Amarillo Gold Corporation
Amarillo is advancing two gold projects located near excellent
infrastructure in mining-friendly states in Brazil. The development
stage Posse gold project is on the Amarillo's Mara Rosa property in
Goiás State. It has a positive definitive feasibility study that
shows it can be built into a profitable operation with low costs
and a strong financial return. Mara Rosa also shows the potential
for discovering additional near-surface deposits that will extend
Posse's mine life beyond its initial ten years. Amarillo trades on
the TSX Venture Exchange under the symbol AGC and on the OTCQB
under the symbol AGCBF.
___________________________________________________________________________
IMPORTANT NOTICES
RBC Europe Limited ("RBC"), which is authorised in the UK by the
Prudential Regulation Authority and regulated in the UK by the
Financial Conduct Authority, is acting exclusively for the Company
and no one else in connection with the Acquisition. RBC will not
regard any other person as a client in relation to the Acquisition
and will not be responsible to any person other than the Company
for providing the protections afforded to clients of RBC, nor for
providing advice in connection with the Acquisition or any other
matter, transaction or arrangement referred to in this
announcement.
This announcement is not intended to, and does not constitute or
form part of, and should not be construed as, any offer,
invitation, solicitation or recommendation of an offer to purchase,
sell, subscribe for or otherwise dispose of or acquire any
securities or the solicitation of any vote or approval in any
jurisdiction and neither the issue of the information nor anything
contained herein shall form the basis of or be relied upon in
connection with, or act as an inducement to enter into, any
investment activity. No shares are being offered to the public by
means of this announcement. This announcement does not constitute
either advice or a recommendation regarding any securities, or
purport to contain all of the information that may be required to
evaluate any investment in the Company or any of its securities and
should not be relied upon to form the basis of, or be relied on in
connection with, any contract or commitment or investment decision
whatsoever.
The distribution of this announcement in or from certain
jurisdictions may be restricted or prohibited by the laws of any
jurisdiction other than the UK. Recipients are required to inform
themselves of, and comply with, all restrictions or prohibitions in
such other jurisdictions. Any failure to comply with applicable
requirements may constitute a violation of the laws and/or
regulations of other such jurisdiction.
This announcement has been prepared for the purposes of
complying with the applicable law and regulation of the UK
(including the Listing Rules and the Disclosure Guidance and
Transparency Rules) and the information disclosed may not be the
same as that which would have been disclosed if this announcement
had been prepared in accordance with the laws and regulations of
any jurisdiction outside of the UK.
Nothing in this announcement should be construed as a profit
forecast.
- ends -
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END
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