Certain
information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU)
No. 596/2014 until the release of this announcement
18 May 2018
Tri-Star Resources
plc ("Tri-Star" or the "Company")
Notice of Annual
General Meeting
Tri-Star announces that the Company’s Annual General Meeting
(“AGM”) will be held at the Queen Victoria
Suite, Second Floor, 107 Cheapside, London, EC2V 6DN at 11.00am (BST) on 12 June
2018.
The Notice of AGM and Forms of Proxy are being dispatched to
shareholders today and are also available on the website at
www.tri-starresources.com
The Notice includes an ordinary resolution (the “Resolution”) to
consolidate every 1,000 ordinary shares of 0.005 pence each (“Existing Ordinary Shares”) of
the Company into 1 new ordinary share of 5
pence. The Company’s issued ordinary share capital currently
consists of 63,850,388,257 Existing Ordinary Shares. The number of
shares in issue is considerably higher than the majority of
companies on AIM and the Board believes that this, combined with
the current share price of 0.04 pence
per share (as at 18 May 2018) affects
investor perception of the Company. The primary objective of
the Resolution is to reduce the number of ordinary shares of the
Company in issue to a level which is more in line with other
comparable AIM-traded companies with the intention of also creating
a higher share price per ordinary share in the capital of the
Company. The Directors also believe that the capital reorganisation
should improve the marketability of the ordinary shares.
The Company also advises shareholders that the Company’s annual
report and accounts for the year ended 31
December 2017 are now available on the website.
Enquiries:
Tri-Star Resources
plc
Karen O'Mahony, Acting Chief Executive Officer & Chief
Financial
Officer |
Tel: +44 (0)20 7653 6291
Email: ceo@tri-starresources.com |
SP Angel Corporate Finance (Nomad and
broker)
Robert Wooldridge / Jeff Keating |
Tel: +44 (0) 20 3470 0470 |
|