25 May 2022
AMUR MINERALS CORPORATION
(AIM: AMC)
Result of General Meeting
At the General Meeting of Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, held today at 10:00 a.m. The following resolution was tabled and proxies attending the meeting were cast and tabulated providing the final result that was verified by the registrar, Link Asset Management: The resolution was:
· That the disposal by the Company's subsidiary, Irosta Trading Limited, of the entire issued share capital of AO «Kun-Manie» to Stanmix Holding Limited, on the terms set out in the Circular posted to shareholders on 9 May 2022 be approved.
The result was as follows:
| | Votes For & Discretionary | % | Votes Against | % | Votes Total | % of Available voting rights* | Votes Withheld |
| Resolution 1 | 85,306,972 | 27.00 | 225,373,525 | 73.00 | 310,930,974 | 22.30 | 250,477 |
* Available Voting Rights equals 1,392,872,315.
Robin Young, CEO of Amur, commented: "The shareholders have voted against the offer for the Kun-Manie Project from Stanmix Holding Limited for US$105 million in aggregate. The total consideration offered was a significant premium to the Company's most recent and current market capitalisation and in line with an independent valuation report commissioned by the Board. As such, it was appropriate for the Board to call the General Meeting to provide the shareholders with an opportunity to consider the resolution given the current geopolitical setting related to the Russian Federation. Going forward, Amur will endeavour to advance the Project per the terms of its Detailed Exploration and Mining License as well as continue discussions with interested and qualifying parties."
Terms used and not defined in this announcement shall have the same meanings given to them in the Circular sent to shareholders on 9 May 2022.
Market Abuse Regulation (MAR) Disclosure)
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
| Company Amur Minerals Corp. | Nomad and Broker S.P. Angel Corporate Finance LLP | Public Relations BlytheRay |
| Robin Young CEO | Richard Morrison Adam Cowl | Megan Ray Tim Blythe |
| +44 (0) 7981 126 818 | +44 (0) 20 3470 0470 | +44 (0) 20 7138 3203 |
For additional information on the Company, visit the Company's website, www.amurminerals.com.
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