Result of Lamaune Special Meeting

Released : 11/10/2017 11:47

RNS Number : 3332T
Landore Resources Limited
11 October 2017
 

Landore Resources Limited

("Landore" or the "Company")

 

 

Result of Lamaune Special Meeting

 

 

Landore Resources is pleased to announce that, further to the announcement made on 13 September 2017 in connection with the Debt Settlement Agreement entered into with Lamaune Iron Inc. ("Lamaune"), all the resolutions put to the shareholders of Lamaune at the special meeting held today were duly passed.

 

Accordingly Lamaune will issue to Landore Canada 576,192,087 common shares in the capital of Lamaune, in full satisfaction of the loan receivable from Lamaune.

 

Following the issue of the shares, Landore Canada will hold 90.2% of the issued shares of Lamaune.

 

- ENDS -

 

Enquiries:

 

 

Bill Humphries / Richard Prickett

Landore Resources Limited

Tel: 07734 681262

Tel: 07775 651421

 

Angela Hallett / James Spinney

Strand Hanson Limited

Nomad / Broker

Tel: 020 7409 3494

 

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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