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LONDON - Kavango Resources plc (LSE:KAV), a metals exploration and gold production company focused on Southern Africa, announced that its shareholders passed all resolutions during its Annual General Meeting (AGM) on Thursday. The meeting took place at the offices of the company’s solicitors, Druces LLP, in London.
The AGM saw the approval of 11 resolutions, with seven ordinary resolutions and four special resolutions passed by a show of hands. The resolutions included the approval of the company’s accounts for the year ended December 31, 2024, the reappointment and remuneration of the company’s auditor PKF Littlejohn LLP, and the Directors’ Remuneration Report.
Additionally, shareholders voted in favor of the re-election of directors Alexandra Rose Gorman and Donald Alexander Robert McAlister. The company also received authorization to allot and issue equity securities and to disapply statutory pre-emption rights on the issue of equity securities.
A special resolution to adopt new articles of association was approved, as well as a resolution allowing the company to call general meetings with not less than 14 clear days’ notice.
The proxy votes cast represented approximately 71.60% of the issued share capital as of the date of the AGM. The company reported that there were 3,048,706,821 ordinary shares in issue, with each shareholder entitled to one vote per share. Votes withheld are not considered in law and were not counted in the vote totals.
The full text of each resolution was made available in the Notice of General Meeting, which was published on the company’s website. This news is based on a press release statement from Kavango Resources plc.
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