By 18 January 2012
Company Announcements ASX Code: AVY Australian Stock Exchange Limited
20 Bond Street
SYDNEY NSW 2000
RESULTS OF GENERAL MEETING OF SHAREHOLDERSIn accordance with ASX Listing Rule 3.13.2, Avenue Resources Limited (ASX Code: AVY) advises that the resolutions contained in the Notice of General Meeting dated 15 December 2011 were passed by the requisite majority of security holders. All resolutions were decided on a show of hands.
The information required by section 251AA(2) of the Corporations Act 2001 (Cth) in respect of each resolution passed at the meeting is set out below.
RESOLUTION 1 - APPROVAL TO CHANGE SCALE OF ACTIVITIESIt was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 2 to 8 (inclusive) and for the purpose of Listing Rule 11.1.2, and for all other purposes, approval is given for the Company to make a significant change in the scale of its activities as described in the Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
It was resolved as an ordinary resolution:
"That, subject to the passing of Resolution 1 and Resolutions 3 to 8 (inclusive) and for the purpose of Listing Rule 7.1 and for all other purposes, approval is given for the Company to acquire 100% of the issued capital of Triumph Tin Mining Ltd in consideration for the issue of up to 20,000,000 Shares to the Triumph Vendors in the manner and on the terms and conditions set out in the Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
Page | 1
RESOLUTION 3 - APPROVAL TO ISSUE SHARES TO LARA EXPLORATION LTDIt was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 1 to 2 (inclusive) and Resolutions 4 to 8 (inclusive), the Company becoming entitled to acquire 100% of the issued capital of Triumph as a result of each Triumph Shareholder agreeing to transfer all of their Triumph Shares to the Company, for the purpose of Listing Rule 7.1 and for all other purposes, approval is given for the Directors to allot and issue US$500,000 worth of Shares based on the volume weighted average price per Share (VWAP) for the 14 trading day period ending five trading days prior to the issue date or as otherwise required by the Listing Rules or 3,000,000 Shares (whichever is the higher), to Lara Exploration Ltd in accordance with the SLT Definitive Agreement and on the terms and conditions set out in the Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
It was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 1 to 3
(inclusive) and Resolutions 5 to 8 (inclusive), the Company
becoming entitled to acquire 100% of the issued capital of
Triumph as a result of each Triumph Shareholder agreeing to
transfer all of their Triumph Shares to the Company, for the
purpose of Listing Rule 7.1 and for all other purposes,
approval is given for the Directors to allot and issue up to
1,000,000 Shares and
12,000,000 Options to the persons and on the terms and
conditions set out in the
Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
It was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 1 to 4 (inclusive) and Resolutions 6 to 8 (inclusive), for the purpose of Listing Rule 7.1 and for all other purposes, approval is given for the Directors to allot and issue up to 10,000,000 Shares on the terms and conditions set out in the Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
Page | 2
RESOLUTION 6 - APPROVAL FOR ANTHONY POLGLASE TO PARTICIPATE IN CAPITAL RAISINGIt was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 1 to 5 (inclusive) and Resolutions 7 to 8 (inclusive), for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Directors to allot and issue up to 250,000 Shares, of the 10,000,000 Shares to be issued under Resolution 5, to Anthony Polglase (or his nominee) on the terms and conditions set out in the Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
It was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 1 to 6 (inclusive) and Resolution 8, for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Directors to allot and issue up to 250,000 Shares, of the 10,000,000 Shares to be issued under Resolution 5, to Simon Mottram (or his nominee) on the terms and conditions set out in the Explanatory Statement ."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
It was resolved as an ordinary resolution:
"That, subject to the passing of Resolutions 1 to 7 (inclusive), for the purposes of Listing Rule 10.11 and for all other purposes, approval is given for the Directors to allot and issue up to 250,000 Shares, of the 10,000,000 Shares to be issued under Resolution 5, to Simon O'Loughlin (or his nominee) on the terms and conditions set out in the Explanatory Statement."
For | Against | Abstain | Proxy Discretion | Total | |
Total number of proxy votes exercisable by all proxies validly appointed | 3,225,800 | 0 | 0 | 80,000 | 3,305,800 |
Jay Stephenson
COMPANY SECRETARYPage | 3
| distribué par | Ce noodl a été diffusé par Avenue Resources Limited et initialement mise en ligne sur le site http://www.avenueresources.com.au. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-18 03:12:15 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| 18 Jan 2012 Results of General Meeting |
