ACP: Armadale Capital Plc: Notice of EGM - Replacement

  ACP: Armadale Capital Plc: Notice of EGM - Replacement

UK Regulatory Announcement


The issuer advises that the following replaces the Hambledon Mining PLC
'Notice of EGM' announcement released at 7.00am BST today.

The announcement was issued under the incorrect source company. Source,
contacts, ticker and ISIN have been corrected.

All other details remain unchanged.

The full corrected version is shown below.

  Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company

6 September 2013

              Armadale Capital Plc (‘Armadale’ or ‘the Company’)

               Investment Update and Notice of General Meeting

Armadale, the AIM quoted investment company focused on natural resources and
infrastructure projects in Africa, announces it is proposing to update its
investing policy and has today convened a general meeting of Shareholders
(‘the General Meeting’) to approve it.

Investing Policy

The Board previously undertook to review its current investing policy and is
proposing shareholders approve an updated policy that the Board believe will
enable it to continue to pursue investment opportunities in support of
Armadale’s stated strategy of becoming a diversified mining and
resource-focused investment company.

A Notice of General Meeting has today been posted to Shareholders to approve
the new investing policy as well as to renew the directors’ authority to allot
shares. A copy of the Notice of General Meeting is available on the Company’s

The General Meeting will be held at 10.00 a.m. on 23 September 2013 at 42
Queen Anne’s Gate, London SW1H 9AP.

Mine Restoration Investments Limited (“MRI”)

The Company is also pleased to announce that Justin Lewis, a director of the
Company, has joined the board of MRI to oversee Armadale’s investment. Despite
the strikes within the South African coal industry, MRI continues to make good
progress with the final commissioning of its coal briquetting plant in South
Africa. This commissioning, which includes initial production should be
completed toward the end of this month pending full commercial production in

Chairman of Armadale Capital, Peter Marks said:

“The adoption of the new investing policy will enable the board to pursue
attractive investment opportunities to support the implementation of
Armadale’s stated strategy of becoming a diversified mining and
resource-focused investment company.

“In line with this new investing policy, the board would be in a position to
expand its current portfolio of interests; building on its 40% interest in
Mine Restoration Investments Ltd, in the final commissioning stages of its
coal briquetting plant in South Africa, and the recently announced investment
in the Mpokoto Gold Project in the Katanga Province in the Democratic Republic
of Congo.

“Collectively, the board has extensive experience in identifying and executing
potential resource opportunities, and has built a strong track record in
building value through acquisitions and corporate transactions. I am confident
that under the new proposed investing policy, the Armadale team will be able
to deliver further compelling investment opportunities and generate
significant value for our shareholders.”

To view a full description of the investing policy, visit the Company’s
website at



Peter Marks, Chairman                             +44 207 233 1462
Charles Zorab, Investor Relations

Nomad and broker: finnCap Limited
Stuart Andrews/Christopher Raggett                +44 207 220 0500

Press relations: St Brides Media & Finance Ltd.
Susie Geliher/Charlotte Heap                      +44 207 236 1177


Armadale Capital Plc is focussed on investing in and developing a portfolio of
investments, targeting the natural resources and/or infrastructure sectors.
The Company, led by a team with operational experience and a strong track
record in Africa, has a strategy of identifying high growth potential
businesses where it can take an active role in their advancement.

Armadale currently holds approximately a 40% interest in Mine Restoration
Investments Ltd, a South African listed company, which aims to develop
profitable operations within the South African mining industry through its
coal briquetting operation in KwaZulu Natal and acid mine drainage project in
the Witwatersrand basins.

More information can be found on the website


Armadale Capital Plc
Press spacebar to pause and continue. Press esc to stop.