TIDMHOC
RNS Number : 6482F
Hochschild Mining PLC
22 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.
PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS
ANNOUNCEMENT.
22 March 2022
Proposed acquisition of Amarillo Gold Corporation
("Amarillo")
Results of Extraordinary General Meeting
Hochschild Mining PLC ("Hochschild" or "the Company") (LSE: HOC)
(OTCQX: HCHDF) is pleased to announce that at an Extraordinary
General Meeting of Shareholders held earlier today in connection
with the acquisition by Hochschild of Amarillo, the ordinary
resolution proposed received the overwhelming support of
Shareholders.
Full details of the ordinary resolution were set out in the
circular published on Friday 4 March 2022 (the "Circular"). The
ordinary resolution was voted on by way of a poll and the results
were as follows:
Votes For % of votes cast Votes Against % of votes cast Total votes validly cast Votes Withheld (1)
394,251,552 99.84% 619,029 0.16% 394,870,581 33,995
---------------- -------------- ---------------- ------------------------- -------------------
1. A vote withheld is not a vote in law and is not counted in
the calculation of the percentages of votes cast for or against the
resolution.
Completion of the Acquisition remains subject to the
satisfaction or waiver of the other conditions, as further detailed
in the Circular. A further announcement regarding completion of the
Acquisition will be made in due course.
A copy of the ordinary resolution passed at the Extraordinary
General Meeting has been submitted to the Financial Conduct
Authority and will shortly be available for inspection on the
National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
Defined terms used but not defined in this announcement have the
meanings set out in the Circular.
________________________________________________________________________________________
Enquiries:
Hochschild Mining PLC
Raj Bhasin +44 (0)7825 533495
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)207 796 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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