Golden Prospect Precious Metals schedules AGM for board changes

GUERNSEY - Golden Prospect Precious Metals Limited has announced its Annual General Meeting (AGM) will take place on May 28, 2025, at 10:00 BST in St Peter Port, Guernsey. The agenda includes the re-election of directors, the appointment of a new audit committee chair, and the authorization for the company to purchase its own shares.

The AGM will see the re-election of Toby Birch as Chairman and Monica Tepes as a Director, both in line with the AIC Corporate Governance Code. Helen Green, who was appointed to the board on April 1, 2025, is set to be elected as a Director and the new Chair of the Audit Committee, replacing Mr. Ross who retired earlier this month. The company will also seek shareholder approval to re-appoint BDO Limited as its auditor and to grant authority to determine the auditor’s remuneration.

A significant resolution to be voted on is the company’s authority to make market purchases of its own ordinary shares, up to 14.99% of its existing issued ordinary share capital. The price range for these purchases has been specified, with the maximum price set at 5% above the average closing middle market quotations for the five days preceding the purchase.

The Board believes the resolutions to be in the best interests of the company and its shareholders. Shareholders wishing to vote via proxy must appoint one by no later than May 23, 2025. The results of the AGM will be communicated to the market post the meeting’s conclusion.

The notice clarifies that if shareholders have sold or transferred their shares, they should forward the relevant documents to the new holders. The company’s issued share capital as of May 1, 2025, stands at 93,248,499 Ordinary Shares, each with one vote, with no shares currently held in treasury.

This announcement is based on a press release statement from Golden Prospect Precious Metals Limited.

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