Result of AGM
Botswana Diamonds PLC announced that all resolutions were passed at its Annual General Meeting, and provided an update on its strategic initiatives. The company has been awarded eight Copper and Critical Mineral focused Prospecting Licences in Botswana, covering 7,000 km², identified using proprietary AI techniques. Initial discussions with potential partners for exploration on these new licences have begun, while the company continues to manage its existing diamond portfolio, including the KX36 project, the Maibwe joint venture, and the Thorny River mining area.
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At the Botswana Diamonds plc ("Botswana Diamonds") Annual General Meeting ("AGM"), which was held in Newry earlier today, all resolutions were passed.
James Campbell, the Managing Director, also presented an update on projects. In particular:
- Eight Copper and Critical Mineral focused Prospecting Licences, covering 7,000 km2 have been awarded in Botswana.
- The licence areas were identified from the Company's proprietary Botswana exploration database using explainable Artificial Intelligence techniques.
- Initial discussions have commenced with potential partners regarding the advancement of exploration on the newly awarded licences.
- The Company continues to maintain its diamond portfolio, including the KX36 project, the Maibwe joint venture (both in the Kalahari of Botswana) and the Thorny River mining area in South Africa.
A copy of this announcement is available on the Company's website, at www.botswanadiamonds.co.uk
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.