4th Mar 2011 16:30
Noventa Limited
("Noventa" or the "Company")
Result of Annual General Meeting
4 March 2011
Noventa (AIM: NVTA, TSX: NTA), the Mozambican miner and producer of tantalum concentrate, is pleased to confirm that all resolutions were passed at today's Annual General Meeting of the Company.
This includes the resolution to consolidate every 20 existing ordinary 0.04p shares into 1 new ordinary 0.8p share. This consolidation will take effect from the commencement of trading on Monday 7 March 2011.
The results of each individual resolution were as follows:
Resolution | For | Against | Abstentions | Majority |
One | 149,477,280 | 0 | 10,000 | 100.00% |
Two | 149,486,562 | 718 | 0 | 100.00% |
Three | 136,286,562 | 718 | 13,200 | 100.00% |
Four | 136,286,562 | 718 | 13,200 | 100.00% |
Five | 136,286,562 | 718 | 13,200 | 100.00% |
Six | 149,486,562 | 718 | 0 | 100.00% |
Seven | 149,486,562 | 718 | 0 | 100.00% |
Eight | 149,470,131 | 12,149 | 5,000 | 99.99% |
Nine | 149,471,698 | 15,582 | 0 | 99.99% |
Ten | 149,471,698 | 15,582 | 0 | 99.99% |
Eleven | 149,466,698 | 20,582 | 0 | 99.99% |
Twelve | 149,471,698 | 718 | 14,864 | 100.00% |
Thirteen | 149,466,698 | 718 | 19,864 | 100.00% |
Fourteen | 149,481,562 | 5,718 | 0 | 100.00% |
For further information please contact:
Eric F. Kohn TD
Chairman
Noventa Limited
+41 22 8500560
+41 79 5030150
www.noventa.net
Nick Harriss/Emily Staples
Religare Capital Markets (Nomad)
+44 20 7444 0800
Andrew Chubb/Kit Stephenson
Canaccord Genuity Limited (Joint Broker):+44 20 7050 6500
Daniel BriggsReligare Capital Markets (Joint Broker)+44 20 7444 0500
Related Shares:
PAR.L