News
Notice of AGM
Lotus Resources Plc (PLUS Markets: LOTP) has today announced it will be holding its AGM at 11am on Wednesday 2 September 2009 at Mazars LLP, Tower Bridge House, St Katherine's Way, London E1W 1DD to undertake its ordinary business and to propose resolutions in order to:
- Disapply pre-emption rights in respect of the issue of (or rights to subscribe for) up to 25million ordinary shares until 31 December 2009 in order raise additional funding for working capital and further develop the mining opportunities in Mongolia already announced.
- Following 31 December 2009 to empower the directors to allot securities amounting to 15% of the Company's issued share capital as at that date on a non pre-emptive basis.
- Adopt new articles of association to reflect certain changes pursuant to the Companies Act 2006 including electronic communication with shareholders. The notice convening this AGM has today been sent to shareholders together with copies of the Interim Results for the period ending 31 March 2009
Copies of the proposed new Articles, AGM notice and letter to shareholders are available for inspection at Tower Bridge House, St Katharine's Way, London E1W 1DD.
The Directors of Lotus accept responsibility for this announcement.
ENQUIRIES:
Lotus Resources Plc
Simon Longworth, Chief Executive
Tel: +976 8800 8983 and +86 (0) 1350 107 0840
James Benson, Finance Director
Tel: +44 (0) 7768 242 660
Rivington Street Corporate Finance
Tel: 020 7562 3389
Monisha Varadan
Monisha@rs-cf.com
Eran Zucker
Eran@rs-cf.com
Lothbury Financial
Michael Padley / Ron Marshman Tel: +44 (0) 20 7011 9411