Tertiary Minerals #TYM – Notice of General Meeting – Wednesday 24 March 2021

Tertiary Minerals plc, the AIM traded company building a multi-commodity project portfolio announces that it is holding a General Meeting on Wednesday 24 March 2021.  The business of the General Meeting will be to consider and, if thought fit, to pass a special resolution to empower the directors to disapply the pre-emption rights in respect of those shares that were authorised for issue by Shareholders at the Annual General Meeting of the Company held on 28 January 2021 (“the AGM”).

Having raised capital recently, as announced on  26 January 2021, the Company has no immediate plans to issue new securities.

However, a resolution to disapply pre-emptive rights has been approved at all previous Annual General Meetings but failed to pass at this year’s AGM.  Given that only 4.25% of shares then in issue were voted at the AGM, the Directors are of the view that the wishes of the Shareholders as a whole may not have been properly represented and would like to give Shareholders a second opportunity to consider granting this authority.

The Board considers that this resolution is in the best interest of the Company’s shareholders and the Company as a whole. Accordingly, the Board unanimously recommends that Shareholders vote in favour of the New Resolution, as they intend to do so in respect of their own beneficial holdings of Ordinary Shares which amount, in aggregate, to 15,579,080 Ordinary Shares representing approximately 1.32 per cent. of the total issued share capital of the Company as at today’s date.

A circular and Notice of General Meeting has today been posted to shareholders.

General Meeting Arrangements

The General Meeting will be held at 11.00am on Wednesday 24 March 2021.

The Board continues to monitor the Government advice in relation to the COVID-19 situation and public gatherings. The Board believes that all shareholders will wish to comply with these guidelines and therefore physical attendance in person at the GM will not be permitted. The Company encourages shareholders to appoint the Chairman as their proxy with their voting instructions. Forms of Proxy must be received by no later than 48 hours before the commencement of the meeting and can be submitted electronically at www.signalshares.com.

The Company will continue to monitor the situation and if Government advice dictates that further changes to the arrangements for the General Meeting are necessary, details will be published on the website and via a Regulatory Information Service.

For more information please contact:

EXPECTED TIMETABLE OF PRINCIPAL EVENTS

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information as defined in Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.