Results of July Loan Noteholders Meeting
International Mining & Infrastructure Corporation plc, the
Company focused on unlocking the value of iron ore in Africa,
announces that the extraordinary resolution proposed in the notice
of the meeting (the “July Meeting”) of holders (the
“Loan Noteholders”) of 8.00 per cent convertible loan
notes due 19 December 2020 (the “Loan Notes”) held on
14 July 2017 was not passed.
The Meeting of the Loan Noteholders was held at Holiday Inn
Leicester, 129 St. Nicholas Circle, Leicester LE1 5LX at 10.30 a.m.
on 14 July 2017 to seek approval from of the Loan Noteholders in
respect of restructuring certain terms of the Loan Notes. The
extraordinary resolution presented to the Meeting to amend certain
terms of the Loan Notes, required a 75% majority, which on proxy
votes cast, was not achieved and therefore the extraordinary