Result of AGM & Change of Name

RNS Number : 4413B

Arian Silver Corporation

20 September 2018

 

 Trading Symbols

AIM: AGQ

FWB: I3A

20 September 2018

Result of Annual General Meeting and Change of Name

Arian Silver Corporation (the "Company") announces that all the resolutions proposed at the Company's Annual General Meeting, which was held in London earlier today, were passed unanimously on a show of hands.

Application will be made to the BVI Registry of Corporate Affairs for the name of the Company to be changed to Alien Metals Ltd and a further announcement will be made in due course.

Following the change of company name, all issued share certificates bearing the name Arian Silver Corporation will remain valid and will not be replaced. Shareholders are not required to take any action as a consequence of this change.

Proxy votes had been received in respect of the resolutions as set out below.

		Vote type	No. voted	Voted (%)
1	Receive financial statements (Ordinary resolution)	For	41,610,724	100.000
		Against	0	0.000
		Withheld	3,100	-
		Discretion	0	0.000
2	Elect Dennis Edmonds (Ordinary resolution)	For	41,610,482	99.998
		Against	750	0.002
		Withheld	3,100	-
		Discretion	0	0.000
3	Elect Chris Gordon (Ordinary resolution)	For	41,610,482	99.998
		Against	750	0.002
		Withheld	3,100	-
		Discretion	0	0.000
4	Re-elect James Cable (Ordinary resolution)	For	41,610,482	99.998
		Against	750	0.002
		Withheld	3,100	-
		Discretion	0	0.000
5	Appoint auditors (Ordinary resolution)	For	41,611,232	100.000
		Against	0	0.000
		Withheld	3,100	-
		Discretion	0	0.000
6	Auditors remuneration (Ordinary resolution)	For	41,611,232	100.000
		Against	0	0.000
		Withheld	3,100	-
		Discretion	0	0.000
7	Company name change (Special resolution)	For	31,610,482	75.966
		Against	10,000,750	24.034
		Withheld	3,100	-
		Discretion	0	0.000
8	Authorise filing of documents (Special resolution)	For	31,610,482	75.966
		Against	10,000,750	24.034
		Withheld	3,100	-
		Discretion	0	0.000
9	Authorise other activities re name change (Special resolution)	For	31,610,482	75.966
		Against	10,000,750	24.034
		Withheld	3,100	-
		Discretion	0	0.000
10	Adopt amended M&A (Special resolution)	For	31,610,482	99.998
		Against	750	0.002
		Withheld	10,003,100	-
		Discretion	0	0.000
11	Electronic filing of documents (Special resolution)	For	31,610,482	99.998
		Against	750	0.002
		Withheld	10,003,100	-
		Discretion	0	0.000

The Company acknowledges that more than 20% of votes were cast against resolutions 7, 8 and 9 in respect of the proposed change of Company name. The number of investors who voted against these resolutions by proxy, represented 13% of the number who voted.

It is not expected that all investors will favour the new proposed name, but the Board consider a clear majority are in favour of the new name and as such, the Board will proceed with the change of name. Investors who wish to discuss the matter are invited to contact the Chairman, Dennis Edmonds.

For further information please contact:

Arian Silver Corporation Dennis Edmonds, Executive Chairman David Taylor, Company Secretary Tel: [phone]

Northland Capital Partners Limited David Hignell / Dugald J. Carlean / Jamie Spotswood / Isabella Pierre Tel: [phone]

 

END

 

 

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