Edenville Energy plc (AIM: EDL), the company developing a coal project located in southwest Tanzania, announces that at its Annual General Meeting (“AGM”) held earlier today all resolutions put to shareholders, being resolutions one, two and three were duly passed.
Resolutions four and five relating to the potential future issue of new ordinary shares in the Company and the disapplication of pre-emption rights were withdrawn by the Company and not put to the meeting. The directors of the Company took the decision not to put these resolutions to shareholders to remove any uncertainty in the market about future equity fundraising plans by the Company. Any future equity fundraising by the Company will now require shareholder approval.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please contact:
[table id=4 /]
Comments