Results of Meeting

RNS Number : 1587H

Solomon Gold PLC

24 May 2011

 

24 May 2011

Announcement to London Stock Exchange

Solomon Gold plc

Results of Annual General Meeting

Solomon Gold plc (AIM: SOGL) confirms that all resolutions put to shareholders were duly passed by a show of hands at the Company's Annual General Meeting, held on 24 May 2011 at 4.00pm in Brisbane, Australia.

A breakdown of proxy votes is set out below:

		Votes for (1)	% (2)	Votes against	% (2)	Abstain (3)
	Ordinary Business
1.   To receive the Company's financial statements and the report of the Directors and auditors for the year ended 30 June 2010.		84,874,311	99.98%	15,000	0.02%	25,300
2.   To re-elect Cameron Wenck as a Director of the Company.		84,874,311	99.98%	15,000	0.02%	25,300
3.   To re-elect Nicholas Mather as a Director of the Company.		84,914,611	99.98%	15,000	0.02%	25,300
4.   To re-elect Robert Weinberg as a Director of the Company.		84,136,024	99.98%	15,000	0.02%	763,557
5.   To re-appoint PKF (UK) LLP as auditors of the Company.		84,849,311	99.98%	15,000	0.02%	50,300
6.   That the Directors of the Company be granted such options on the terms and conditions set out in full in the Notice of Meeting.		46,054,591	98.53%	687,370	1.47%	38,172,650
7.   That the Directors be generally and unconditionally authorised for the purposes of section 551 of the Companies Act 2006 ("Act") to exercise all the powers of the Company to allot equity securities in the Company up to an aggregate nominal amount of £2,000,000.		84,600,941	99.67%	279,870	0.33%	33,800

		Votes for (1)	% (2)	Votes against	% (2)	Abstain (3)
	Special Business
8	That, subject to the passing of resolution 7, the Directors be empowered pursuant to section 570 of the Act to allot equity securities as if section 561(1) of the Act did not apply.	84,124,811	99.11%	757,500	0.89%	32,300
9	That new Articles of Association be adopted for the Company as contained in the Notice of Meeting with effect from the conclusion of the meeting.	84,874,311	99.98%	15,000	0.02%	25,300

Notes:

(1)   Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

(2)   As a percentage of the aggregate of votes "for" plus votes "against".

(3)   An abstention is not counted towards the votes cast "for" or "against" a resolution.

Terms used in this announcement shall have the same meaning as defined in the Notice of Meeting circulated on 27 April 2011.

Contacts:

Mr Karl Schlobohm                                            Mr Stephen Weir                                Mr Ewan Leggat

Company Secretary                                             RFC Corporate Finance                       Fairfax I.S. PLC

Solomon Gold Plc                                                Nominated Advisor                             Broker

Tel: [phone]                                             Tel [phone]                              Tel [phone]

[e-mail]                       [e-mail]                 [e-mail]

 

END

 

 

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