Details of Voting at EGM and Appendix 3Y
21 November 2019
Resolute Mining Limited
("Resolute" or the "Company")
Results of Extraordinary General Meeting
Held on Thursday, 21 November 2019
Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) advises that in accordance with Listing Rule 3.13.2 and Section 251AA (2) of the Corporations Act, details of the outcome of the resolution and the proxies received in respect of the resolution considered at the Extraordinary General Meeting held on Thursday, 21 November 2019 is set out below:
|
RESOLUTION |
TYPE |
FOR |
AGAINST |
ABSTAIN |
RESULT |
|
1. Approval to issue Performance Rights to Mr John Welborn |
Ordinary |
337,509,965
|
254,277,661 |
20,464,626 |
PASSED |
Contact Information
|
Resolute John Welborn, Managing Director & CEO Jeremy Meynert, General Manager - BD & IR Telephone: +61 8 9261 6100 Email: contact@rml.com.au Web: www.rml.com.au |
Berenberg (UK Corporate Broker) Matthew Armitt / Detlir Elezi Telephone: +44 20 3207 7800
Tavistock (UK Public Relations) Jos Simson / Charles Vivian / Emily Moss / Annabel de Morgan Telephone: +44 207 920 3150 / +44 778 855 4035 Email: resolute@tavistock.co.uk |
About Resolute
Resolute is a successful, dividend paying gold miner with 30 years of experience as an explorer, developer and operator of gold mines in Australia and Africa which have produced more than eight million ounces of gold.
Resolute's production and cost guidance for the 12 months to 31 December 2019 is 400,000 ounces of gold at an All-In Sustaining Cost of US$1,020 per ounce.
Resolute owns four gold mines. Its flagship asset is the world class Syama Gold Mine in Mali (Syama) which can produce more than 300,000 ounces of gold per annum from existing processing infrastructure. Resolute is currently commissioning the world's first fully automated underground mine at Syama which will deliver a low cost, large scale operation with a mine life beyond 2032. The Mako Gold Mine in Senegal is a high quality, low cost asset with average annual production of ~140,000 ounces of gold. The Ravenswood Gold Mine in Australia and the Bibiani Gold Mine in Ghana are existing largescale assets which provide Resolute with significant production growth potential. Resolute has a pathway to annual gold production in excess of 500,000 ounces from a Global Mineral Resource base of more than 18 million ounces of gold.
Resolute trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.
|
ASX/LSE: RSG Capital Summary Fully Paid Ordinary Shares: 903,153,734 Current Share Price: Market Capitalisation: A$975.41 billion FY19 Guidance (to 31 December): 400,000oz @ AISC US$1,020/oz |
Board of Directors Mr Martin Botha Non-Executive Chairman Ms Yasmin Broughton Non-Executive Director Mr Mark Potts Non-Executive Director Ms Sabina Shugg Non-Executive Director Mr Peter Sullivan Non-Executive Director |
Contact John Welborn Managing Director & CEO Jeremy Meynert GM - BD & IR Appendix 3Y Change of Director's Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public. Introduced 30/9/2001. Name of entity RESOLUTE MINING LIMITED ABN 39 097 088 689 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of Director Mr John Paul Welborn Date of last notice 6 September 2019 Part 1 - Change of director's relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Direct or indirect interest Direct Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. N/A Date of change 21 November 2019 No. of securities held prior to change 3,000,000 fully paid ordinary shares 1,587,500 Performance Rights vesting 30 June 2020 277,559 Performance Rights vesting 30 June 2021 698,690 Performance Rights vesting 31 December 2021 Class Performance Rights Number acquired 1,000,000 Performance Rights vesting 30 June 2021 1,000,000 Performance Rights vesting 30 June 2022 1,000,000 Performance Rights vesting 30 June 2023 Number disposed N/A Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation Performance Rights issued for nil cash consideration. No. of securities held after change 3,000,000 fully paid ordinary shares 1,587,500 Performance Rights vesting 30 June 2020 1,277,559 Performance Rights vesting 30 June 2021 698,690 Performance Rights vesting 31 December 2021 1,000,000 Performance Rights vesting 30 June 2022 1,000,000 Performance Rights vesting 30 June 2023 Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back Issue of Performance Rights pursuant to the 2017 Resolute Mining Limited Performance Rights Plan following approval by shareholders at the Extraordinary General Meeting held on 21 November 2019. Part 2 - Change of director's interests in contracts Detail of contract N/A Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change 1. Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change Part 3 - Closed Period Were the interests in the securities or contracts detailed above traded during a closed period where prior written clearance was required? No If so, was prior written clearance provided to allow the trade to proceed during this period? N/A If prior written clearance was provided, on what date was this provided? N/A |
