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THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS CONSIDERED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"), AND THE UK VERSION OF MAR WHICH IS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019 (AS FURTHER AMENDED, VARIED, OR SUBSTITUTED FROM TIME TO TIME AS A MATTER OF UK LAW). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining
19 August 2025
Jangada Mines plc ('Jangada')
Result of GM
Jangada Mines Plc (AIM: JAN), a natural resource development company with assets in Brazil and other jurisdictions, is pleased to announce that at the general meeting of the Company held today (and as convened by the circular posted to shareholders on 1 August 2025), all resolutions were duly passed.
Accordingly, pursuant to the sale & purchase agreement (the "SPA") entered into with the vendors of MTGOLD MINERAÇÃO LTDA ("MTgold") as announced on 11 August 2025, Jangada will shortly issue to the vendors of MTgold £1 million in new Jangada Ordinary Shares (based on a 20-day VWAP preceding the SPA closing date), along with a payment of £250,000 in cash.
A further announcement will be made shortly in this regard.
ENDS
For further information please visit www.jangadamines.com or contact:
| Jangada Mines plc |
Brian McMaster (Chairman) |
Tel: +44 (0)20 7317 6629 |
| Strand Hanson Limited (Nominated & Financial Adviser) |
Ritchie Balmer James Spinney |
Tel: +44 (0)20 7409 3494 |
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| Tavira Financial Limited (Broker) |
Jonathan Evans |
Tel: +44 (0)20 7100 5100 |
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| Investor Relations |
Hugo de Salis |
hugo@lepanto.co.uk |
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