The Company has recently sold its Full Cycle technology to Korea Zinc and received the approval of shareholders to appoint a liquidator in order to carry out a Members Voluntary Liquidation and to distribute cash and Moxico Resources plc shares to shareholders. For details about Moxico Resources plc see www.moxicoresources.com
Please see under Investor Relations/Press Releases for letter to shareholders of 10 September 2020.
General Meeting: 11:00am, Monday, 9 November 2020. To view the Results of General Meeting Click here
On 9 November 2020, Zincox Resources Limited was placed into Members’ Voluntary Liquidation, which is a solvent Liquidation. Mark Newman and Vincent Green of Crowe U.K. LLP are the duly appointed Joint Liquidators. The Liquidators can be contacted by writing to Crowe UK LLP, 4 Mount Ephraim Lane, Tunbridge Wells, Kent TN1 1EE, by emailing recoverysolutions@crowe.co.uk or by telephone on 01892 700 200.
Distributions to shareholders: The first cash distribution was posted to shareholders in December 2020. Moxico Resources Plc shares were distributed on 27 January 2021.
At Moxico’s request, the share certificates have been delivered to Moxico for safe keeping. Over recent months the pandemic has impacted delivery and courier services and Moxico wishes to ensure that the certificates are correctly delivered. Shareholders are encouraged to contact Lorraine Whitehorn as soon as possible to arrange delivery of the share certificates. Please contact Lorraine Whitehorn by email at lorraine.whitehorn@moxicoresources.com
If you held Zincox Resources Limited shares through a CREST account, the Moxico shares have been credited to your account.
A second and final cash distribution will be made to shareholders in due course following receipt of clearance from HMRC to conclude the Liquidation. It is unlikely that the distribution will be made before September 2021.
