Notice of AGM and Director Resignation

BERKELEY ENERGIA LIMITED

NEWS RELEASE | 9 October 2020

Notice of AGM and Director Resignation

Berkeley Energia Limited ("Berkeley" or the "Company") advises that attached to this announcement is the 2020 Notice of Annual General Meeting ("AGM") which is to be held at held at the Conference Room, 28 The Esplanade, Perth, Western Australia on Wednesday, 25 November 2020 at 12pm (AWST).

A usual item of business at the AGM is the re-election of Directors in accordance with clause 6.3 of the Company's Constitution. In relation to this, Mr Nigel Jones has advised the Company that he will not be standing for re-election as a Director due to corporate governance requirements at Rio Tinto, where he currently holds the position of Managing Director of the Simandou iron ore project, which do not allow Mr Jones to sit on other publicly listed boards. Mr Jones will resign as a Director of the Company following the completion of the AGM.

The Board would like to take this opportunity to thank Mr Jones for his significant contribution to the Company and wish him well with his future business endeavours. 

Notice of AGM and Proxy Form

The Notice of AGM, explanatory memorandum and proxy form is being made available to shareholders electronically which can be viewed and downloaded online from the Company's website at www.berkeleyenergia.com/investor-relations/company-reports/.

The Company will not be sending shareholders a hard copy of the Notice of AGM by post ahead of the AGM. This approach is consistent with the relief provided by the Australian Treasurer in response to the COVID-19 pandemic.

The Board is closely monitoring the rapidly changing coronavirus (COVID-19) pandemic. The health of the Company's Shareholders, employees and other stakeholders is of paramount importance.

While the Board would like to host all Shareholders in person, in order to minimise the risk to Shareholders and to the Company and its ongoing operations, the Company suggests that Shareholders do not attend the AGM in person.

Accordingly, the Directors strongly encourage all Shareholders to lodge Proxy Forms prior to the AGM. The Company advises that a poll will be conducted for each of the Resolutions.

The Board will continue to monitor Australian Government restrictions on public gatherings. If it becomes necessary or appropriate to make alternative arrangements to those set out in the Notice of AGM, the Company will notify Shareholders accordingly via the Company's website at www.berkeleyenergia.com and the ASX announcements platform.

The business to be considered at the AGM is set out in in the Notice of AGM at: 

www.berkeleyenergia.com/investor-relations/company-reports/.

For further information please contact:

Robert Behets                        Dylan Browne 

Acting Managing Director         CFO and Company Secretary

+61 8 9322 6322                                                                    

[email protected]

This announcement has been authorised for release by the Company Secretary.

Forward Looking Statements

Statements regarding plans with respect to Berkeley's mineral properties are forward-looking statements. There can be no assurance that Berkeley's plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that Berkeley will be able to confirm the presence of additional mineral deposits, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of Berkeley mineral properties. These forward-looking statements are based on Berkeley's expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Berkeley, which could cause actual results to differ materially from such statements. Berkeley makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.