REG - Lexington Gold Ltd - Result of SGM and Update re Proposed Acquisition

Lexington GoldAnnouncement

26/06/2023 16:15

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RNS Number : 9420D  Lexington Gold Limited  26 June 2023

26 June 2023

Lexington Gold Ltd

("Lexington Gold" or the "Company")

Result of Special General Meeting and

Update re Proposed Acquisition of White Rivers Exploration (Pty) Ltd

 

Lexington Gold (AIM: LEX), the gold exploration and development company with
projects in North and South Carolina, USA, is pleased to announce that the
resolutions proposed at its Special General Meeting ("SGM"), held earlier
today, as set out in the notice of meeting dated 2 June 2023, were all duly
approved by shareholders.

 

The SGM resolutions included approval of the Company's proposed conditional
acquisition of 76 per cent. of White Rivers Exploration Proprietary Limited
("WRE"), an exploration and development company with significant gold assets
in South Africa (the "Proposed WRE Transaction"), details of which were
announced on 15 May 2023. A further announcement(s) will be made in due course
regarding the Proposed WRE Transaction.

 

 

For further information, please contact:

 

 Lexington Gold Ltd                                      www.lexingtongold.co.uk (http://www.lexingtongold.co.uk)

 Bernard Olivier (Chief Executive Officer)               via Yellow Jersey

 Edward Nealon (Chairman)

 Mike Allardice (Group Company Secretary)

 Strand Hanson Limited (Nominated Adviser)               www.strandhanson.co.uk (http://www.strandhanson.co.uk)

 Matthew Chandler / James Bellman / Abigail Wennington   T: +44 207 409 3494

 WH Ireland Limited (Joint Broker)                       www.whirelandplc.com

 Katy Mitchell / Enzo Aliaj                              T: +44 207 220 1666

 Peterhouse Capital Limited (Joint Broker)               www.peterhousecap.com

 Duncan Vasey / Lucy Williams (Broking)                  T: +44 207 469 0930

 Eran Zucker (Corporate Finance)

 Yellow Jersey PR Limited (Financial Public Relations)   www.yellowjerseypr.com (http://www.yellowjerseypr.com)

 Charles Goodwin / Annabelle Wills / Soraya Jackson      T: +44 7948 758 681

 

Note to Editors:

Lexington Gold (AIM: LEX) is a gold exploration and development company
currently holding interests in four diverse gold projects, covering a combined
area of approximately 1,675 acres in North and South Carolina, USA. The
projects are situated in the highly prospective Carolina Super Terrane
("CST"), which has seen significant historic gold production and is host to
several multi-million-ounce mines operated by majors. It was also the site of
the first US gold rush in the early 1800s, before gold was discovered in
California.

 

Further information is available on the Company's
website: www.lexingtongold.co.uk (http://www.lexingtongold.co.uk/) . Neither
the contents of the Company's website nor the contents of any website
accessible from hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of, this announcement.

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended, by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.

 

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