Ironveld PLC (LON:IRON), the owner of a High Purity Iron, Vanadium, and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa, announced on 20 November 2024 that all the proposed resolutions tabled at the Company’s General Meeting were duly passed.
The detailed results of the voting are set out below:
| Res. Number | For | For Chairman’s Discretion | Total For | % For | Total Against | % Against |
| 1 | 2,055,997,666 | 50,000 | 2,056,047,666 | 99.69 | 6,450,533 | 0.31 |
| 2 | 2,057,249,068 | 50,000 | 2,057,299,068 | 99.75 | 5,199,131 | 0.25 |
| 3 | 2,056,997,666 | 50,000 | 2,057,047,666 | 99.74 | 5,450,533 | 0.26 |
| 4 | 2,055,997,666 | 50,000 | 2,056,047,666 | 99.7 | 6,199,131 | 0.3 |
| 5 | 2,056,949,001 | 50,000 | 2,056,999,001 | 99.73 | 5,499,198 | 0.27 |
| 6 | 2,037,848,030 | 50,000 | 2,037,898,030 | 99.73 | 5,499,198 | 0.27 |
Following the passing of the resolutions the proposed Placing, Subscription and Capital Reorganisation, as described in the Company’s announcement on 30th October 2024, has now commenced.
The new shares issued pursuant to the Transaction were admitted to trading on AIM with effect from 21 November 2024. The Company’s issued share capital now consists of 13,742,089,347 Ordinary Shares of 0.01 pence each. Accordingly, the figure of 13,742,089,347 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Ironveld PLC has taken a decisive step towards its strategic goals, following the announcement that all proposed resolutions at the General Meeting on 20 November 2024 were duly passed. This marks a significant milestone for the company, which recently raised £2.5 million in new funding to support its ambitious plans. Turner Pope Investments, acting as joint broker, facilitated the raise, and the research insights were led by Barry Gibb.
