Rambler Metals & Mining PLC Filing of Management Information Circular (8355O)
February 01 2019 - 9:00AM
UK Regulatory
TIDMRMM
RNS Number : 8355O
Rambler Metals & Mining PLC
01 February 2019
1 February 2019
Rambler Announces Filing of Management Information Circular
London, England - Newfoundland and Labrador, Canada - Rambler
Metals and Mining plc (AIM: RMM) (Rambler or the Company) announces
that it has filed its management information circular and related
voting materials in connection with an extraordinary meeting of
shareholders to be held on 28 February, 2019. The purpose of the
meeting is to approve the issuance of Rambler ordinary shares in
connection with the subscription to raise approximately US$11
million and proposed open offer, as previously announced on 28
January 2019.
Shareholders of Rambler should receive these meeting materials
by mail shortly. The meeting materials are also available on
Rambler's website at www.ramblermines.com and will be posted under
the Company's SEDAR profile at www.sedar.com.
Your vote is important. Rambler encourages shareholders to read
the meeting materials in detail. To ensure that your Rambler shares
will be represented at the extraordinary meeting, shareholders
should carefully follow the voting instructions provided in the
meeting materials. The deadline for receipt of proxies is 2:30pm
(London time) on 26 February 2019, for shareholders in the UK and
9:30am (Eastern Standard Time) on 25 February 2019, for
shareholders in Canada.
Rambler's Non-Investor Directors (as such term is defined in the
Company's Relationship Agreement) consider the subscription to be
fair and reasonable and in the best interests of the Company and
its shareholders as a whole. Accordingly, the Non-Investor
Directors have unanimously approved the subscription and recommend
that shareholders vote in favour of the resolutions to be proposed
at the extraordinary general meeting as they intend to do so in
respect of their own holdings.
ABOUT RAMBLER METALS AND MINING
Rambler is a mining and development company that in November
2012 brought its first mine into commercial production. Rambler has
a 100 per cent ownership in the Ming Copper-Gold Mine, a fully
operational base and precious metals processing facility and year
round bulk storage and shipping facility; all located on the Baie
Verte peninsula, Newfoundland and Labrador, Canada.
Following the completion of its recent productivity improvement
initiative Rambler's focus is on sustaining mine and mill
production at 1,250 metric tonnes per day. With a return to
profitability and positive cash flow, Rambler will continue
advancing Phase III engineering studies with a view to further
increase production to 2,000 mtpd at the Ming Mine.
Along with the Ming Mine, Rambler also owns 100 per cent of the
former producing Little Deer/ Whales Back copper mines and has
strategic investment in the former producing Hammerdown gold
mine.
Rambler is currently listed in London under AIM:RMM.
For further information, please contact:
Norman Williams, CPA, Peter Mercer. P. Geo
CA Vice President, Corporate
President and CEO Secretary
Rambler Metals & Mining Rambler Metals & Mining Plc
Plc Tel No: +44 (0) 20 8652-2700
Tel No: 709-800-1929 Fax No: +44 (0) 20 8652-2719
Fax No: 709-800-1921
Nominated Advisor (NOMAD)
David Porter
Cantor Fitzgerald Europe
Tel No: +44 (0) 20 7894
7000
Website: www.ramblermines.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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