- Pembridge Resources has confirmed that all resolutions were passed by shareholders at today's General Meeting.

As such, the Company has raised an aggregate of £2.27m (before expenses) via the issue of 142,006,062 New Ordinary Shares through a placing and subscription at 1.6p each.

The Company's Ordinary Shares will be de-listed from trading on AIM at 7am on 21 August and will commence trading on the Standard Segment of the Official List of the London Stock Exchange at 8am on 21 August 2017.

Commenting on today's events, David Linsley, CEO said:

"Our transition from AIM to a standard listing on the London Stock Exchange has been delivered seamlessly and on time by our legal advisors. We are now in a position to fully exploit our stated aims to build a portfolio of compelling investments with our uniquely qualified team. In the coming weeks we will be stepping-up our due diligence efforts on a range of previously identified projects. While commodity markets have strengthened we still see significant opportunities to exploit our strategy and look forward to delivering significant value to our shareholders."

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