1st Oct 2013 14:33
The following amendments have been made to the 'Result of AGM' announcement released on 27 September 2013 at 4.24pm under RNS No 1654P. The table has been amended to clarify that the discretion given to the Chairman has been included in the totals for votes in favour of each Resolution and that each of the Resolutions were duly passed with greater than 99% of the votes by proxy cast in favour, except Resolutions 8 and 9 with more than 95% of the votes by proxy cast in favour. All other details remain unchanged. The full amended text is shown below.
MINCO REPORTS RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
Dublin, 27 September 2013 - Minco Plc (AIM - "MIO") is pleased to announce that all the resolutions proposed at the Annual General Meeting of Shareholders held on 26 September 2013 were duly passed with greater than 99% of the votes by proxy cast in favour, except Resolutions 8 and 9 with more than 95% of the votes by proxy cast in favour.
The full text of each resolution was included in the Notice of the Meeting circulated to shareholders. Details of the proxy votes for each resolution received by the Company before the AGM are laid out below:
Vote type | No of shares voted | Voted | |
Resolution 1 | For Against Votes Withheld | 84,737,949 0 0 | 100% 0% 0% |
Resolution 2 | For Against Votes Withheld | 84,737,949 0 0 | 100% 0% 0% |
Resolution 3 | For Against Votes Withheld | 84,737,949 0 0 | 100% 0% 0% |
Resolution 4 | For Against Votes Withheld | 84,737,949 0 0 | 100% 0% 0% |
Resolution 5 | For Against Votes Withheld | 84,737,949 0 0 | 100% 0% 0% |
Resolution 6 | For Against Votes Withheld | 84,737,949 0 0 | 100% 0% 0% |
Resolution 7 | For Against Votes Withheld | 84,735,949 0 2,000 | 100% 0% 0% |
Resolution 8 | For Against Votes Withheld | 80,633,383 4,102,566 2,000 | 95.16% 4.84% 0% |
Resolution 9 | For Against Votes Withheld | 80,633,383 4,102,566 2,000 | 95.16% 4.84% 0% |
Discretion given to the Chairman has been included in the totals for votes in favour of each Resolution.
ABOUT MINCO
Minco Plc, incorporated in the Republic of Ireland and listed on the AIM Alternative Investment Market of the London Stock Exchange ("MIO"), is premier base metals exploration and development company with advanced projects in established mining jurisdictions in eastern Canada. The Company is also engaged in zinc-lead exploration in the United Kingdom and Ireland. Minco holds investments in zinc‐silver projects in Mexico through a holding of 30 million shares (approximately 29%) in Xtierra Inc. listed on the TSX Venture Exchange (TSX.V-"XAG").
In July 2013, Minco acquired Buchans Minerals Corp. ("Buchans Minerals") which consolidated Minco's ownership of Buchans Minerals advanced exploration assets, being the Lundberg Project in central Newfoundland and the Woodstock Manganese Project in New Brunswick. Minco owns 100% of the Lundberg base metal project and the Woodstock manganese project, in addition to Minco's existing exploration projects in the UK and Ireland.
Minco also holds a 2% NSR royalty on the Curraghinalt gold property in Northern Ireland, which is being explored by Dalradian Resources Inc. (TSX-"DNA").
At 30 June 2013, Minco currently held approximately US$12 million in cash.
For further information of Minco refer to Minco's website at www.minco.ie.
John Kearney: Chairman and Chief Executive +1 416 362 6686
Danesh Varma: CFO & Company Secretary +44 (0) 207 653 9881
Peter McParland: Director - Ireland +353 (0)46 907 3709
Warren MacLeod: Director - Canada +1 902 472 3520
John Frain/Fergal Meegan: Davy (NOMAD) +353 (0)1 6796363
Chris Rourke/ Guy Wheatley: Beaufort Securities,
London (Corporate Advisor| Broker) +44 (0)20 7382 8387
Related Shares:
Minco PLC