Result of General Meeting

RNS Number: [TBC]

Mining, Minerals & Metals Plc (to be re-named Georgina Energy plc)

29 July 2024

Mining, Minerals & Metals plc

("MMM" or the "Company")

Result of General Meeting

Mining, Minerals & Metals plc is pleased to announce that at the Company's General Meeting held earlier today, all resolutions proposed, including the special resolutions, were duly passed. Accordingly, the proposals set out in the Prospectus dated 11 July 2024 are now expected to complete, conditional on Admission, on 30 July 2024.

Change of Name

The Company's change of name to "Georgina Energy Plc" and change of TIDM to "GEX" will take place once Companies House has issued a new certificate of incorporation reflecting the change of name. The change of name is expected to become effective imminently and the Company will make a further announcement following the completion of the change of name.

The Company's website is Georginaenergy.com

Application for Admission and Total Voting Rights

A total of 83,678,396 new Ordinary Shares of 5 pence each ("Ordinary Shares") are being issued and allotted at an issue price of 12.5p pence each pursuant to the proposals as set out in the Prospectus. 

Application has been made for the Enlarged Share Capital of 90,088,396 Ordinary Shares to be admitted to trading on the Official List and London Stock Exchange from Admission.

Following Admission, the Company will have 90,088,396 Ordinary Shares in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company's total number of Ordinary Shares and voting rights will be 90,088,396. This figure may be used by shareholders from Admission 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

Directors

As set out in the Prospectus, the appointment of Peter Bradley, Anthony Hamilton, Mark Wallace, and John Heugh as directors of the Company will be effective from Admission.

Results from the GM

All resolutions were duly passed. A summary of the votes received for the General Meeting will be made available on the Company's website at georginaenergy.com

For further information, please contact:

Mining, Minerals & Metals plc

Tavira Financial Ltd - Financial Adviser and Joint Broker

Oak Securities - Joint Broker

Camarco - Financial PR

Notes to Editors

Georgina Energy aims to become a leading player in the global energy market and is focused on establishing itself among the top producers of helium and hydrogen worldwide. With a strategic approach and leveraging the experienced management team's expertise, Georgina Energy aims to capitalize on opportunities in these critical energy sectors.

The projects benefit from established infrastructure and a reliable supply chain, offering significant resource potential through low-risk, cost-effective drilling projects.

Georgina Energy has two principal onshore interests held through its wholly owned Australian subsidiary, Westmarket O&G.  The first, the Hussar Prospect is located in the Officer Basin in Western Australia and Westmarket O&G holds a 100% working interest in the exploration permit.  The second, the Mount Winter Prospect, is located in the Amadeus Basin in the Northern Territory, which Georgina Energy has a right to earn an initial 75 per cent. interest in (with the potential to reach 90 per cent.).

In line with market demand trends, Georgina Energy is well-positioned to capitalize on the growing gap between supply and demand for hydrogen and helium with the resource potential of Mount Winter and Hussar projects for their potential accumulations.

For more information visit https://www.georginaenergy.com

 Forward-Looking Statements

This announcement may contain forward-looking statements. Words such as "expects", "anticipates", "may", "should", "would", "could", "will", "intends", "plans", "believes", "targets", "seeks", "estimates", "aims", "projects", "pipeline" and variations of such words and similar expressions are intended to identify such forward-looking statements and expectations. These statements are not guarantees of future performance or the ability to identify and consummate transactions and involve certain risks, uncertainties, outcomes of negotiations and due diligence and assumptions that are difficult to predict, qualify or quantify. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements or expectations. Among the factors that could cause actual results to differ materially are: the general economic climate, competition, interest rate levels, loss of key personnel, the result of legal and commercial due diligence and changes in the legal or regulatory environment.