Result of AGM

Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil and Gas

11 October 2018

Mayan Energy Ltd ("Mayan" or the "Company")

Results of AGM

Mayan Energy Ltd (AIM: MYN), the AIM listed oil and gas company, announces that at its Annual General Meeting ('AGM') held on 11 October 2018, all the resolutions put to shareholders were passed by the requisite majorities. 

Please note that following the resignation of H ("Eddie") Gonzalez (announced 5 October 2018), Resolution 3 'Re-appointment of Director' was withdrawn.  All resolutions were taken on a poll.

The results of the polls taken on the resolutions were as follows:

The Company provided shareholders with an explanation of the Company's current operations and strategic plan as outlined in the Half Year Results announced on 27 September 2018 and the Operational Update provided on 9 October 2018.

**ENDS**

For further information visit http://mayanenergy.co.uk/ or contact the following:

Notes:

Mayan Energy Limited is an AIM listed (London Stock Exchange) North American based energy company.  It is actively pursuing a primary recovery oil strategy focused on re-stimulating wells within mature producing basins with immediate cash flow leveraging commercially available technologies and projects that are shallow, low risk with low levels of capex and infrastructure already in place.  It also remains interested in creating shareholder value by strategic investments in similar projects with high cash generative potential and by forming beneficial development partnerships that enable the use of pioneering and leading extraction technologies.