Details of Voting at Annual General Meeting

RNS Number : 6208N

Resolute Mining Limited

21 May 2020

 

21 May 2020

Resolute Mining Limited

(Resolute or the Company)

Results of Annual General Meeting

Held on Thursday, 21 May 2020

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Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) advises that in accordance with Listing Rule 3.13.2 and Section 251AA (2) of the Corporations Act, details of the resolution outcomes and the proxies received in respect of each resolution considered at the Annual General Meeting held on Thursday, 21 May 2020 are set out below:

RESOLUTION	TYPE	FOR	AGAINST	ABSTAIN	RESULT
1.  Adoption of Remuneration Report	Ordinary	598,748,908 (97.7%)	14,234,723 (2.3%)	18,713,011	PASSED
2.  Re-election of Mr Mark Potts as a Director	Ordinary	619,120,136 (98.7%)	8,083,885 (1.3%)	10,437,840	PASSED
3.  Re-election of Ms Sabina Shugg as a Director	Ordinary	615,048,674 (98.1%)	12,159,318 (1.9%)	10,433,869	PASSED
4.  Approval of annual grant of Performance Rights to Mr John Welborn	Ordinary	614,470,833 (98.5%)	9,538,768 (1.5%)	13,632,260	PASSED
5.  Renewal of Resolute Mining Limited Performance Rights Plan	Ordinary	614,578,896   (98.5%)	9,447,253  (1.5%)	13,615,712	PASSED
6.  Approval of Potential Termination Benefits under the 2020 Performance Rights Plan	Ordinary	614,828,643   (98.6%)	8,716,393  (1.4%)	14,096,825	PASSED
7.  Approval of Deed of Indemnity, Access and Insurance	Ordinary	616,315,741  (98.9%)	6,556,742 (1.1%)	14,769,378	PASSED

For further information, contact:

John Welborn Managing Director & CEO

About   Resolute

Resolute is a successful gold miner with more than 30 years of experience as an explorer, developer and operator of gold mines in Australia and Africa which have produaced more than 8 million ounces of gold. The Company trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.

Resolute currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. The Company is the owner of the Bibiani Gold Mine in Ghana. Resolute's guidance for 2020 has been set at production of 430,000 ounces of gold at an All-In Sustaining Cost of US$980 per ounce.

Contact Information

Resolute John Welborn, Managing Director & CEO Telephone: [phone] Email: [e-mail] Web: www.rml.com.au Berenberg (UK Corporate Broker) Matthew Armitt / Jennifer Wyllie / Detlir Elezi Telephone: [phone] Tavistock (UK Public Relations) Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb Telephone: [phone] Email: [e-mail]

Authorised by Mr John Welborn, Managing Director & CEO

ASX/LSE: RSG Capital Summary Fully Paid Ordinary Shares: 1,102,826,939 Current Share Price (ASX): A$1.15 as at 20 May 2020 Market Capitalisation: A$1.268 billion 2020 Guidance: 430,000oz @ AISC US$980/oz

Board of Directors Mr Martin Botha Non-Executive Chairman Mr John Welborn Managing Director & CEO Ms Yasmin Broughton Non-Executive Director Mr Mark Potts Non-Executive Director Ms Sabina Shugg Non-Executive Director Mr Peter Sullivan Non-Executive Director

Contact John Welborn Managing Director & CEO Jeremy Meynert GM - BD & IR Level 2, Australia Place | 15-17 William St Perth, Western Australia 6000 T: [phone] | F: [phone] E: [e-mail]

 

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