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CRITICAL RESOURCES LIMITED — Declaration of Voting Results & Voting Rights Announcements 2012
May 27, 2012
64708_rns_2012-05-27_1736cbbb-2113-4a3a-bd82-b00aae597882.pdf
Declaration of Voting Results & Voting Rights Announcements
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ASX Release 28[th] May 2012
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Annual General Meeting held 28 May 2012
Sovereign Gold Company Limited ACN 145 184 667
Level 2, 131 Macquarie Street Sydney NSW 2000 Tel: +61 2 9251 7177 Fax: +61 2 9251 7500
Contact Michael Leu CEO
email: [email protected]
Latest News
As required by Section 251AA(2) of the Corporations Act, the following statistics are provided in respect of each resolution dealt with at today’s Annual General Meeting of Members of the Company.
Resolution 1: ordinary resolution to approve Remuneration Report.
Proxy Votes were directed as follows:
| For the motion: | 49,305,456 |
|---|---|
| Against the motion: | 10,000 |
| Abstain: | 4,905,000 |
| Proxy’s Discretion: | Nil |
The resolution to approve the Director’s Remuneration Report was carried on a show of hands.
Resolution 2: ordinary resolution to elect Mr Qinjing Qiu as a Director
Directors / Officers John Dawkins AO Michael Leu Peter Meers Jacob Rebek Qinjing Qiu
ASX Symbol: SOC
Sovereign Gold Company is exploring for large Intrusion-Related Gold Systems in New South Wales.
The resolution to elect Mr. Qinjing Qiu was withdrawn.
Resolution 3: ordinary resolution to re-elect Mr. Rado Jacob Rebek as a Director
Proxy Votes were directed as follows:
| For the motion: | 54,220,456 |
|---|---|
| Against the motion: | Nil |
| Abstain: | Nil |
| Proxy’s Discretion: | Nil |
The resolution to elect Mr. Peter Meers as a Director of the Company was carried on a show of hands.
Sovereign Gold’s project area covers over 2,650 square kilometres.
The principal project is located around the township of Uralla, 21km southwest of Armidale, New South Wales, Australia, with superb infrastructure logistics. It is close to major roads, rail, airport, labour source, university, power, and engineering.
Available production records indicate that the Rocky River-Uralla Goldfield yielded 5,193 kg (approximately 167,000 ounces) of gold mostly from Tertiary deep leads during the period 1858-1967.
Sovereign Gold’s exploration objective is to locate the hard rock ore sources.
Resolution 4: ordinary resolution to approve the issue of shares to Sophisticated and Professional Investors.
Proxy Votes were directed as follows:
| For the motion: | 54,210,456 |
|---|---|
| Against the motion: | 10,000 |
| Abstain: | Nil |
| Proxy’s Discretion: | Nil |
The resolution to authorise Directors to issue up to 15,000,000 shares in the Company by way of placement to sophisticated and professional investors at market related prices was carried on a show of hands.