30th Mar 2012 07:54
Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration
30 March 2012
ASX:NGX
AIM:NGL
NORSEMAN GOLD PLC
("Norseman Gold" or "the Company")
Results of General Meeting
Pursuant to Listing Rule 3.13.2, the Company advises that all the resolutions contained in the Notice of Meeting dated 5 March 2012 and considered at the General Meeting of Shareholders, with the exception of Resolution 12, were passed on a show of hands.
Resolution 12, as a Special resolution, required a 75 % majority, which on proxy votes cast, was not achieved and therefore the resolution failed. The Company will continue to operate under the existing authority approved at the Annual General Meeting on 9 December 2012.
Proxy Results
| Resolution | Result | Validly Lodged Proxy Votes | |||
|
|
| FOR | AGAINST | CHAIRMAN'S DISCRETION | WITHHELD |
1 | To ratify issue of shares to unrelated parties
| Passed on show of hands | 72,931,689 | 550,898 | 66,050 | 5,000 |
2 | To approve the issue of shares on conversion of convertible loan notes | Passed on show of hands | 72,985,942 | 501,645 | 66,050 | 0 |
3 | To approve issue of warrants to Tulla Resources Group Pty Ltd | Passed on show of hands | 72,980,942 | 501,645 | 66,050 | 5,000
|
4 | To approve issue of shares and warrants to EXP T1 Ltd | Passed on show of hands | 72,980,942 | 551,645 | 66,050 | 5,000 |
5 | To approve issue of warrants to L2 Project Management - Norseman Pty Ltd | Passed on show of hands | 72,931,689 | 550,898 | 66,050 | 5,000 |
6 | To approve the issue of warrants to Ascent Capital Holdings Pty Ltd | Passed on show of hands | 70,320,942 | 551,645 | 66,050 | 2,615,000 |
7 | To approve the issue of warrants to David Steinepreis | Passed on show of hands | 70,261,689 | 610,898 | 66,050 | 2,615,000 |
8 | To approve the issue of shares to Ascent Capital Holdings Pty Ltd | Passed on show of hands | 70,261,689 | 610,898 | 66,050 | 2,615,000 |
9 | To approve the issue of shares to David Steinepreis | Passed on show of hands | 70,261,689 | 610,898 | 66,050 | 2,615,000 |
10 | To approve the issue of warrants to Kelvin May | Passed on show of hands | 72,759,189 | 613,398 | 66,050 | 115,000 |
11 | To empower the directors to allot relevant securities pursuant to Section 551 of the Companies Act 2006. | Passed on show of hands | 72,786,689 | 550,898 | 216,050 | 0 |
12 | To empower the directors to allot equity securities pursuant to Section 561(1) of the Companies Act 2006. | Special resolution -failed | 45,796,090 | 16,076,269 | 105,250 | 11,576,028 |
* * ENDS * *
For further information visit www.norsemangoldplc.com, email [email protected] or contact:
David Steinepreis Norseman Gold Plc. Tel: +44 (0) 7913402727
William Vandyk / Rod Venables Northland Capital Partners Ltd Tel: 020 7796 8800
Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370
Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7236 1177
Notes
Norseman Gold plc is an AIM and ASX listed Australian gold production company, which operates the 2,360 sq km Norseman Gold Project, Australia's longest continually running gold operation. Located in the Eastern Goldfields of Western Australia in the highly prospective Norseman-Wiluna greenstone belt, the project currently has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.
Related Shares:
Norseman Gold