| EMED Mining Public Limited: Notice of EGM Requisition | |
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NICOSIA, CYPRUS--(Marketwired - Oct 15, 2014) - EMED Mining Public Limited (TSX: EMD) (AIM: EMED) EMED Mining Public Limited ("EMED" or the "Company") Notice of EGM Requisition EMED announces that it has received a requisition from Urion Holdings (Malta) Limited, a subsidiary of Trafigura Beheer B.V., who currently holds 17.99% of the issued share capital of the Company, (the "Proposing Shareholder") requiring the Company to call an extraordinary general meeting ("EGM"). The Proposing Shareholder is seeking to requisition an EGM to consider ordinary resolutionsto appoint four new directors and to remove Ronnie Beevor, Isaac Querub, Alberto Lavandeira, Roger Davey, Robert Francis, Jose Nicolas Sierra Lopez and Ashwath Mehra as directors of the Company. If successful, this would have the effect of removing all of the independent non-executive directors, as well as all the executive directors and replacing them with four appointees of Trafigura Beheer B.V. As previously announced, EMED's recently appointed executive management continues to make significant progress as it seeks to bring the Rio Tinto copper project back into production. Potential capital savings of US$50 million have been identified in relation to Phase 1 of the redevelopment and the Company is making significant progress in relation to the finalisation of the remaining permits required for the Rio Tinto Copper Project with the final Mining Permit and approval of the Final Restoration Plan expected before the end of 2014. The Company is currently considering this request and a further announcement shall be made in due course. Enquiries EMED Mining Ronnie Beevor/Isaac Querub +34 959 59 28 50 Canaccord Genuity Neil Elliot/Mark Palmer +44 207 523 8000 Walbrook PR Nick Rome +44 207 933 8783 For further information on the Company's activities, visit www.emed-mining.com.
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EMED Mining Public Ltd
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EN DÉVELOPPEMENT |
CODE : EMED.L |
ISIN : CY0000100319 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
EMED est une société développant des projet miniers d'or et de cuivre basée en Chypre. EMED est en développement de projets d'or, de cuivre et de zinc en Chypre et en Espagne, et détient divers projets d'exploration en Chypre. Ses principaux projets en développement sont PROYECTO RIO TINTO en Espagne et KLIROU en Chypre et ses principaux projets en exploration sont DETVA, STIAVNICA-HODRUSA et BIELY VRCH en Slovaquie et KLIROU en Chypre. EMED est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 54,7 milliards GBX (65,5 milliards US$, 57,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 18 septembre 2015 à 0,12 GBX, et son plus haut niveau récent le 17 janvier 2022 à 404,00 GBX. EMED possède 135 475 650 actions en circulation. |