Result of EGM

RNS Number : 7664V

Solomon Gold PLC

08 November 2010

 

8 November 2010

Announcement to London Stock Exchange

Solomon Gold plc

Results of Extraordinary General Meeting

Solomon Gold plc (AIM: SOGL) confirms that all resolutions put to shareholders were duly passed at the Company's Extraordinary General Meeting, held on 8 November 2010 at 9.00am in Brisbane, Australia.

A breakdown of proxy votes, with discretionary votes cast in favour, is set out below:

		Votes for (1)	% (2)	Votes against	% (2)	Abstain (3)
	Ordinary Business
1.   To increase the authorised share capital of the Company from GBP2,000,000 to GBP5,000,000 by the creation of 300,000,000 new ordinary shares of 1p each in the capital of the Company.		136,774,709	99.89%	144,509	0.11%	Nil
2.   To ratify and approve the allotment and issue to institutional and private investors of 33,089,099 ordinary shares in the capital of the Company on 12 July 2010 at a price of 5p per ordinary share, notwithstanding the fact that the allotment and issue of some such Ordinary Shares exceeded the then authorised share capital of the Company.		136,774,709	99.89%	144,509	0.11%	Nil

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.

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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