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Result of Annual General Meeting
Arkle Resources PLC
30 July 2025
30 July 2025
Arkle Resources PLC
("Arkle" or the "Company")
Result of Annual General Meeting
Arkle Resources plc (AIM: ARK), is pleased to announce that all the resolutions which were put to shareholders of the Company at the Annual General Meeting held earlier today were duly passed.
The highlights of the presentation by the Company at the AGM are outlined below:
Arkle has raised £500,000 at 0.3 pence per share.
The funds will be used to help develop Arkle's two areas of activity, base metals, particularly zinc in Ireland and lithium / magnesium in Botswana.
Arkle's principal Irish asset, the Stonepark zinc discovery (5m tonnes plus), has seen recent drilling activity. The Company's partner, Group Eleven Resources Corp. ("Group Eleven"), identified what it believes is one of the most prospective targets in Ireland in the Carrickittle area of the block. This will be drilled later this year when the current Group Eleven Ballywire drilling programme pauses. Ballywire is on the same trend as Carrickittle. High grade zinc results are being reported by Group Eleven which has three drill rigs working at the site.
At Arkle's second main area of activity, its lithium brines in Botswana, a detailed drilling programme is being planned for the coming months. Lithium is vital for future climate control. Arkle has 1,612sq km of ground and has identified lithium and magnesium. Applying Direct Lithium Extraction (DLE) to the brines recovers both magnesium and lithium. This technique is potentially more efficient, environmentally friendly and cost effective than traditional extraction methods.
ENDS
Enquiries:
Arkle Resources PLC
John Teeling, Chairman
+353 (0) 1 833 2833
Jim Finn, Finance Director
+353 (0) 1 833 2833
SP Angel Corporate Finance LLP
Nominated Adviser & Joint Broker
Matthew Johnson
+44 (0) 203 470 0470
Adam Cowl
First Equity Limited
Joint Broker
Jason Robertson
+44 (0) 207 374 2212
BlytheRay
+44 (0) 207 138 3204
Megan Ray
Teneo
Luke Hogg
+353 (0) 1 661 4055
Molly Mooney
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