Results of the 2022 AGM

RNS Number : 7012K

SolGold PLC

23 December 2022

 

23 December 2022

SolGold plc

(" SolGold " or the " Company ")

Results of Annual General Meeting

The Board of SolGold (LSE & TSX: SOLG) confirms that all resolutions put to shareholders at the Annual General Meeting were conducted via a poll, where the proxy votes received ahead of the meeting were combined with votes cast at the meeting.

The meeting was held in Brisbane, Australia and virtually via the Lumi platform on 22 December 2022.

A breakdown of the poll result for each resolution put to the Meeting is set out below:

Resolutions	Votes for 1	% 2	Votes against	% 2	Abstain 3
Ordinary Business
1, STATEMENTS & REPORTS	1,889,573,050	99.91	1,722,522	0.09	647,704
2, DIRECTORS' REMUNERATION	1,703,343,678	90.07	187,721,574	9.93	878,024
3, RE-ELECT MR. L TWIGGER	1,752,172,166	92.64	139,216,341	7.36	346,518
4, RE-ELECT MR. N MATHER	1,206,803,168	63.80	684,842,339	36.20	89,518
5, RE-ELECT MS. M ALBAN	1,797,148,192	95.07	93,108,236	4.93	1,478,597
6, RE-ELECT MR. J CLARE	1,087,936,342	57.55	802,342,107	42.45	1,456,576
7, ELECT MR. S CALDWELL	1,247,948,370	65.98	643,361,037	34.02	425,618
8, ELECT MR. D VUJCIC	1,157,386,450	61.19	733,922,957	38.81	425,618
9, RE-APPOINT PwC AUDITORS	1,886,770,490	99.78	4,154,035	0.22	1,393,738
10, AUDITOR REMUNERATION	1,891,053,001	99.94	1,212,202	0.06	53,060
11, AUTHORITY TO ALLOT SHARES	1,297,230,141	68.81	588,105,911	31.19	1,458,430
Special Business
12, DISAPPLY PRE-EMPTION RIGHTS	1,262,773,530	66.98	622,399,054	33.02	1,722,898
13, FURTHER DISAPPLY PRE-EMPTION RIGHTS	1,258,699,611	66.77	626,469,807	33.23	1,726,064

Notes:

1.  Any proxy appointments which gave discretion to the Chairman or management 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.

The Board notes certain resolutions attracted greater than 20% of votes cast against the resolution. The Board further notes that if the shares held directly and indirectly by certain major shareholders were excluded, all resolutions would have passed with over 80% of the votes cast in favour of the resolutions.

This announcement was approved for release by Rufus Gandhi - Company Secretary.

Certain information contained in this announcement would have been deemed inside information.

CONTACTS

Rufus Gandhi SolGold Plc (Company Secretary)	Tel: [phone]
Fawzi Hanano/Lia Abady SolGold Plc (Investors/Communication) [e-mail] / [e-mail]	Tel: [phone]
Tavistock  (Media)  Jos Simson/Gareth Tredway	Tel: [phone]

ABOUT SOLGOLD

SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is exploring the length and breadth of the highly prospective and gold-rich section of the Andean Copper Belt which is currently responsible for c40% of global mined copper production.

The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.

SolGold is listed on the London Stock Exchange and Toronto Stock Exchange (LSE/TSX: SOLG). The Company has on issue a total of 2,476,051,501 fully paid ordinary shares and 42,250,000 share options.

See www.solgold.com.au for more information. Follow us on twitter @SolGold plc

CAUTIONARY NOTICE

News releases, presentations and public commentary made by SolGold plc (the "Company") and its Officers may contain certain statements and expressions of belief, expectation or opinion which are forward looking statements, and which relate, inter alia, to interpretations of exploration results to date and the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's Directors, including the plan for developing the Project currently being studied as well as the expectations of the Company as to the forward price of copper. Such forward-looking and interpretative statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such interpretations and forward-looking statements.

Accordingly, the reader should not rely on any interpretations or forward-looking statements; and save as required by the exchange rules of the TSX and LSE or by applicable laws, the Company does not accept any obligation to disseminate any updates or revisions to such interpretations or forward-looking statements. The Company may reinterpret results to date as the status of its assets and projects changes with time expenditure, metals prices and other affecting circumstances.

This release may contain "forward‑looking information" within the meaning of applicable Canadian securities legislation. Forward‑looking information includes, but is not limited to, statements regarding the Company's plans for developing its properties. Generally, forward‑looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". 

Forward‑looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward‑looking information, including but not limited to: transaction risks; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, risks relating to the ability of exploration activities (including assay results) to accurately predict mineralization; errors in management's geological modelling and/or mine development plan; capital and operating costs varying significantly from estimates; the preliminary nature of visual assessments; delays in obtaining or failures to obtain required governmental, environmental or other required approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; the global economic climate; fluctuations in commodity prices; the ability of the Company to complete further exploration activities, including drilling; delays in the development of projects; environmental risks; community and non-governmental actions; other risks involved in the mineral exploration and development industry; the ability of the Company to retain its key management employees and skilled and experienced personnel; and those risks set out in the Company's public documents filed on SEDAR at www.sedar.com . Accordingly, readers should not place undue reliance on forward‑looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

The Company and its officers do not endorse, or reject or otherwise comment on the conclusions, interpretations or views expressed in press articles or third-party analysis.

 

END

 

 

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