Result of AGM
Andrada Mining Limited announced that all resolutions were approved at its Annual General Meeting. Shareholders voted to receive and adopt the annual financial statements with 709,759,842 votes in favour (95.74%) and 31,554,095 against (4.26%). BDO LLP was reappointed as auditors with 721,588,616 votes (99.96%) for and 298,546 (0.04%) against, and directors were authorized to approve their remuneration with 741,120,601 votes (99.96%) for and 266,561 (0.04%) against. The company was authorized to make market acquisitions of ordinary shares with 726,490,293 votes (99.99%) for and 76,491 (0.01%) against. Directors were authorized to issue equity securities for up to 617,207,974 shares, representing 33% of issued share capital, with 669,357,573 votes (90.44%) for and 70,755,413 (9.56%) against.
Select text to share a quote on X · sign in to keep highlights & notes in your ATM notes
Andrada (AIM: ATM, OTCQB: ATMTF), a critical metals producer with a portfolio of mining and exploration assets in Namibia, confirms that all resolutions were duly approved at its Annual General Meeting ("AGM") held earlier today. The detail of the voting is set out below and can be found on the Company's website:
https://andradamining.com/investors/corporate-publications/ .
| ORDINARY RESOLUTIONS | VOTES IN FAVOUR | % | VOTES AGAINST | % | |
|---|---|---|---|---|---|
| 1 | To receive and adopt the Company's Annual Financial Statements, Directors' Report and the Auditor's Report for the year ended 28 February 2025. | 709 759 842 | 95.74 | 31 554 095 | 4.26 |
| 2 | WITHDRAWN* : That Michael Rawlinson be re ‑ elected as a Director of the Company, having retired by rotation pursuant to Article 24.9 of the Articles of Incorporation of the Company and offers himself for re ‑ election. | ||||
| 3 | To reappoint Messrs. BDO LLP as Auditors to the Company. | 721 588 616 | 99.96 | 298 546 | 0.04 |
| 4 | To authorise the Directors to approve the remuneration of the Company's Auditors. | 741 120 601 | 99.96 | 266 561 | 0.04 |
| 5 | To authorise the Company to generally and unconditionally make market acquisitions of Ordinary Shares. | 726 490 293 | 99.99 | 76 491 | 0.01 |
| 6 | To authorise the Directors to issue equity securities in respect of up to 617 207 974 shares representing 33% of the issued share capital of the Company on 28 August 2025. | 669 357 573 | 90.44 | 70 755 413 | 9.56 |
| EXTRA-ORDINARY RESOLUTIONS | VOTES IN FAVOUR | % | VOTES AGAINST | % | |
| 7 | To authorise the Directors to grant rights to subscribe for shares to Directors or employees as part of the previously adopted share option schemes. | 593 207 371 | 80.03 | 148 001 208 | 19.97 |
| 8 | Disapplication of general pre-emption rights to Resolution 6 To authorise the Directors to issue equity securities as if the pre-emption rights contained in Article 5.2 of the Articles did not apply. | 655 980 220 | 88.50 | 85 228 359 | 11.50 |
| 9 | Disapplication of pre-emption rights to Resolution 6 and 8 for acquisition or capital investment To authorise the Directors to issue equity securities and/or sell Ordinary Shares held by the Company as treasury shares for cash as if the pre-emption rights contained in Article 5.2 of the Articles did not apply to such issuance or sale. | 661 857 541 | 89.29 | 79 351 038 | 10.71 |
* Michael Rawlinson resigned with effect from the end of the AGM, therefore Resolution 2 to re-elect him as a Director of the Company was not put to a vote. (See announcement dated 29 September 2025).
| CONTACTS Andrada Mining Anthony Viljoen, CEO Sakhile Ndlovu, Investor Relations | +27 (11) 268 6555 |
| NOMINATED ADVISOR & BROKER | |
| Zeus Capital Limited Katy Mitchell Harry Ansell Andrew de Andrade | +44 (0) 20 2382 9500 |
| CORPORATE BROKER & ADVISOR | |
| H&P Advisory Limited Andrew Chubb Jay Ashfield Matt Hasson | +44 (0) 20 7907 8500 |
| Berenberg Jennifer Lee | +44 (0) 20 3753 3040 |
| FINANCIAL PUBLIC RELATIONS | |
| Tavistock (United Kingdom) Emily Moss Josephine Clerkin | +44 (0) 207 920 3150 andrada@tavistock.co.uk |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.