1 Jul 2016 15:47
1 July 2016
Bellzone Mining plc
("Bellzone" or "the Company")
AGM Result and Board Change
Bellzone Mining plc (AIM: BZM) announces the results of voting on the resolutions put to the Annual General Meeting ('AGM') of shareholders held today, Friday 1 July at Consortia Secretaries Limited, 3rd Floor, Standard Bank House, 47-49 La Motte Street, St Helier, Jersey, JE2 4SZ, Channel Islands.
Ordinary Resolutions 1 to 6 were passed:
1. Adoption of the Financial Statements of the Company for the year ended 31 December 2015
2. Re-appointment of auditors Ernst & Young LLP
3. Re-appointment of Director Michael Farrow
4. Appointment of Director Julian Cheong
5. Appointment of Director Angel Tong
6. Authorising the Directors of the Company for the purposes of Article 2.3 of the Company's Articles of Association (the "Articles") to allot relevant securities (as that term is defined in the Articles) in respect of up to an additional four hundred and forty million, nine hundred and fifty-seven thousand (440,957,000) ordinary shares (being equal to 30% of the number of ordinary shares in issue on 9 June 2016).
Special Resolution 7 was not passed:
7. Authority to dis-apply pre-emption rights provided for in 2.4 to 2.8 of the Articles in relation to the issue of equity securities (as that term is defined in the Articles) for cash up to a maximum number of two hundred and twenty million, four hundred and seventy-eight thousand (220,478,000) equity securities (representing 15% of the number of ordinary shares in issue on 9 June 2016).
The number of ordinary shares in issue at the date of the meeting was 1,469,858,383 (including 11,005,130 shares held in treasury).
For | Against | |||||
Resolution | Votes | As a % ofVotes | As a % ofIssuedShares | Votes | As a % ofVotes | As a % ofIssuedShares |
1 | 932,090,851 | 100.00 | 63.41 | 0 | - | - |
2 | 932,162,905 | 100.00 | 63.42 | 0 | - | - |
3 | 932,161,905 | 100.00 | 63.42 | 1,000 | 0.00 | 0.00 |
4 | 932,161,905 | 100.00 | 63.42 | 1,000 | 0.00 | 0.00 |
5 | 932,161,905 | 100.00 | 63.42 | 1,000 | 0.00 | 0.00 |
6 | 932,162,905 | 100.00 | 63.42 | 0 | - | - |
7 | 21,868,672 | 2.35 | 1.49 | 910,222,179 | 97.65 | 61.93 |
Board Change
Bellzone is pleased to announce Julian Cheong has been appointed as Chief Executive Officer with immediate effect. Mr. Cheong will continue to act as the Company's Chief Financial Officer.
Enquiries:
Bellzone Mining plc Simon Edwards | +44 (0) 1534 513 500 |
WH Ireland Limited Nominated Adviser James Joyce / James Bavister | +44 (0) 20 7220 1666 |
HD Capital Partners Ltd Broker Paul Dudley / Philip Haydn-Slater
|
+44 (0) 20 3551 4870 |
Bell Pottinger Financial Public and Investor Relations Daniel Thöle | +44 (0) 20 3772 2500 |
http://www.bellzone.com/