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LONDON - Andrada Mining Limited (AIM:ATM, OTCQB: ATMTF) announced Tuesday that shareholders approved all resolutions presented at its Annual General Meeting (AGM).
The critical metals producer, which operates mining and exploration assets in Namibia, reported strong shareholder support across all voting items. Resolution 2, regarding the re-election of Michael Rawlinson as a director, was withdrawn following his resignation effective at the conclusion of the meeting.
Key resolutions receiving approval included the adoption of the company’s annual financial statements for the year ended February 28, 2025, with 95.74% of votes in favor. The reappointment of BDO LLP as auditors passed with 99.96% approval.
Shareholders also authorized directors to issue equity securities for up to 617,207,974 shares, representing 33% of the company’s issued share capital as of August 28, 2025, with 90.44% voting in favor.
Among the extraordinary resolutions, shareholders approved the authorization for directors to grant share subscription rights to directors and employees as part of previously adopted share option schemes, receiving 80.03% support.
The disapplication of pre-emption rights for equity securities issuance passed with 88.50% approval, while a related resolution concerning acquisitions or capital investments received 89.29% support.
Andrada Mining describes itself as a critical metals producer with operations in Namibia, focusing on lithium, tin, tungsten, tantalum, and copper production. The company is listed on the London Stock Exchange, OTCQB in New York, and the Namibia Stock Exchange.
The voting results were disclosed in a press release statement and are available on the company’s website.
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