TIDMJAN

RNS Number : 7354H

Jangada Mines PLC

02 August 2019

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

2 August 2019

Jangada Mines plc ("Jangada" or the "Company")

Result of General Meeting

Jangada Mines plc, a natural resources company, is pleased to announce that, at the General Meeting held earlier today, the Resolution put forward relating to the disposal of the entity that holds the Pedra Branca Project to ValOre, as set out in the circular posted to Shareholders on 17 July 2019 (the "Circular"), has been duly approved. As such, the Disposal will now proceed, subject to satisfaction of the remaining Conditions, on the terms set out in the Share Purchase Agreement. Further updates will be provided on the progress of the Disposal, which is expected to complete by the end of Q3 2019, as and when appropriate.

Please refer to the Circular for further information on the Disposal.

Unless otherwise defined, capitalised terms are as per the definitions section in the Circular.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

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     James Spinney               Tel: +44 (0)20 7409 
  (Nominated & Financial    Ritchie Balmer              3494 
  Adviser)                  Jack Botros 
 
 
 Brandon Hill Capital      Jonathan Evans              Tel: +44 (0)20 3463 
  (Broker)                  Oliver Stansfield           5000 
 
 St Brides Partners        Isabel de Salis             Tel: +44 (0)20 7236 
  Ltd                       Gaby Jenner                 1177 
  (Financial PR)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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August 02, 2019 05:45 ET (09:45 GMT)

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