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Thursday 10 August, 2006

Union Resources Ltd

Results of General Meeting

Union Resources Limited
10 August 2006


                                                         

                    General Meeting - Outcome of Resolutions


At the general meeting of the Company's members held today, the resolutions put
to members and the outcome of those resolutions were as follows:-


1. Resolution 1 (Ordinary resolution)

'That in accordance with the provisions of Listing Rule 7.1 of the Official
Listing Rules of the ASX, and for all other purposes, the Company and the
Directors of the Company are hereby authorised to issue 90,000,000 free options
to subscribe for ordinary shares in the Company to RAB Special Situations
(Master) Fund Limited exercisable at 7.5 cents per option on or before 31st
March 2009 on the terms and conditions as contained in the Notice of Meeting and
attached Explanatory Memorandum.'


Outcome of Resolution 1 - Passed on a show of hands


The total number of proxy votes exercisable by all proxies validly appointed was
2,066,553.


The instructions in respect of the proxies were:

          FOR                AGAINST            ABSTAIN           PROXY'S
                                                                 DISCRETION
        1,624,586            381,077             ---               60,890



2. Resolution 2 (Ordinary resolution)

'That in accordance with the provisions of Listing Rule 7.1 of the Official
Listing Rules of the ASX, and for all other purposes, the Company and the
Directors of the Company are hereby authorised to issue 10,000,000 options to
subscribe for ordinary shares in the Company exercisable at 10 cents per option
on or before 31st March 2009 to Societe Generale on the terms and conditions as
contained in the Notice of Meeting and attached Explanatory Memorandum.'


Outcome of Resolution 2 - Passed on a show of hands


The total number of proxy votes exercisable by all proxies validly appointed was
2,066,553.


The instructions in respect of the proxies were:

          FOR                 AGAINST            ABSTAIN           PROXY'S
                                                                 DISCRETION
        1,839,084             166,579             ---              60,890



3. Resolution 3 (Special resolution)

'That the constitution of the Company be repealed and replaced in its entirety
with the constitution tabled at this General Meeting and signed by the Chair for
identification.'


Outcome of Resolution 3 - Passed on a show of hands


The total number of proxy votes exercisable by all proxies validly appointed was
2,066,553.


The instructions in respect of the proxies were:

         FOR                 AGAINST            ABSTAIN           PROXY'S
                                                                DISCRETION
        1,772,088            227,000             6,575             60,890



The new consitution, as passed, is available in full on the Company's website.



John Lemon
Company Secretary



For further information


Union Resources Limited                     (Tel: 00 61 7 3833 3833)
Rob Murdoch - Managing Director
                                            www.unionresources.com.au


Bankside Consultants                        (Tel: 020 7367 8888)
Keith Irons
Simon Rothschild




                      This information is provided by RNS
            The company news service from the London Stock Exchange