14 Dec

Result of the Convertible Loan Noteholders' Meeting

International Mining & Infrastructure Corporation plc, the Company focused on unlocking the value of iron ore in Africa, announces the result of the meeting held earlier today of the holders (“Loan Noteholders”) of the 8 per cent. convertible loan notes (“Loan Notes”), which were issued in December 2013 as part of the consideration for the acquisition of Afferro Mining Inc. The extraordinary resolution presented to the meeting to amend certain terms of the Loan Notes was passed by the required majority of votes.

Implementation of the proposed amendments to certain terms of the Loan Notes, as described in the announcement of 19 November 2015, remains subject to the receipt of approval from the IMIC shareholders at a General Meeting to be held on 15 December 2015.

Full announcement...