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DJ Milamber Ventures Plc AGM Statement

 
TIDMMLVP 
 
26 July 2018 
 
                             Milamber Ventures plc 
                         ("Milamber" or "the Company") 
 
                                 AGM Statement 
 
Milamber Ventures plc (NEX: MLVP) announces that all resolutions were passed at 
the Annual General Meeting held on 24 July. 
 
Andy Hasoon, Executive Chairman and CEO of Milamber, commented, "The 
shareholders voted overwhelmingly in favour of all the resolutions at the AGM 
held earlier this week. This gives us the necessary authorities for the equity 
and debt funding needed to complete the acquisition of Orchard Rock, for which 
heads of terms were announced today. 
 
"Orchard Rock is a profitable and cash-flow positive company.  Should Milamber 
secure the requisite funding to acquire it, we would expect the Milamber Group 
to move into profitability." 
 
                                    -ends- 
 
ENQUIRIES: 
 
Milamber Ventures plc 
Andy Hasoon 
T: 07768 875 681 
E: Andy.hasoon@milamberventures.com 
www.MilamberVentures.com 
 
First Sentinel Corporate Finance Limited (NEX Exchange Corporate Adviser) 
Brian Stockbridge 
T: 020 7469 0930 
 
Leander (Financial PR) 
Christian Taylor-Wilkinson 
T: 07795 168 157 
E: ctw@leanderPR.com 
 
 
 
END 
 

(END) Dow Jones Newswires

July 26, 2018 08:00 ET (12:00 GMT)