Result of EGM

RNS Number : 3500J

Solomon Gold PLC

02 December 2008

 

2 December, 2008
Announcement to London Stock Exchange
Solomon Gold plc

 

 

RESULTS OF EGM

 

Solomon Gold plc (AIM: SOGL) confirms that all resolutions put to shareholders were duly passed at the Company's Extraordinary General Meeting, held on 1 December 2008 at 11.00am in Brisbane, Australia.

 

 A breakdown of proxy votes is set out below:

 

		Votes for (1)	% (2)	Votes against	% (2)	Abstain (3)
	Ordinary Business
1	THAT the authorised share capital of the Company be increased from £1,000,000 to £2,000,000 by the creation of 100,000,000 new ordinary shares of 1p each;	3,203,091	99.96	1,169	0.04	0
2	THAT the directors be unconditionally authorisedfor the purposes of section 80 of the Companies Act 1985 (as amended) (the “Act”) to allot relevant securities up to an aggregate nominal amount of £600,000; and	3,203,091	99.96	1,169	0.04	0
	Special Business
3	THAT subject to the passing of resolutions 1 and 2above the directors be empowered pursuant to section 95 of the Act to allot equity securities wholly for cash as if section 89(1) of the Act did not apply up to an aggregate nominal amount of £600,000.	3,204,260	100.00	0	0.00	0

 

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 circular dated 3 November 2008.

 

By order of the Board

KM Nagle

Company Secretary

 

 

Contacts:

 

Mr Kev Nagle

Secretary

Tel: [phone] or [e-mail]

 

Mr Stephen Weir

RFC Corporate Finance

Nominated Advisor

Tel [phone] or [e-mail]

 

 

 

 

END

 

 

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