Last checked at 13 Mar 2009 07:00
12 March 2009
Announcement to London Stock Exchange
Solomon Gold plc
RESULTS OF AGM
Solomon Gold plc (AIM: SOGL) confirms that all resolutions put to shareholders were duly passed at the Company's Annual General Meeting, held on 12 March 2009 at 4.00pm in Brisbane, Australia.
A breakdown of proxy votes is set out below:
| Votes for (1) | % (2) | Votes against | % (2) | Abstain (3) | ||
| Ordinary Business | ||||||
| 1 | "To receive the Company's financial statements and the report of the directors and auditors for the year ended 30 June 2008". | 2,364,452 | 100% | 0 | 0% | 0 |
| 2 | "To re-elect Cameron Wenck as a director of the Company with the title "Non-Executive Director". | 2,364,452 | 100% | 0 | 0% | 0 |
| 3 | "To re-elect Nicholas Mather as a director of the Company with the title "Chief-Executive Officer". | 2,364,452 | 100% | 0 | 0% | 0 |
| 4 | "To re-appoint PKF (UK) LLP as auditors of the Company to hold office from the conclusion of the meeting to the conclusion of the next meeting at which the accounts of the company are laid before the Company at a remuneration to be determined by the directors". | 2,364,452 | 100% | 0 | 0% | 0 |
| 5 | "That the directors be and they are hereby generally and unconditionally authorised for the purposes of section 80 of the Companies Act 1985 (the "Act") to exercise all the powers of the Company to allot relevant securities (within the meaning of that section) up to an aggregate amount of £[800,000]". | 2,359,569 | 99.79% | 4,833 | 0.21% | 0 |
| Votes for (1) | % (2) | Votes against | % (2) | Abstain (3) | ||
| Special Business | ||||||
| 6 | "That subject to the passing of resolution 5 above the directors be and they are empowered pursuant to section 95 of the Act to allot equity securities (within the meaning of section 94(2) of the Act) wholly for cash". | 2,359,569 | 99.79% | 4,833 | 0.21% | 0 |
Notes:
Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.
As a percentage of the aggregate of votes "for" plus votes "against".
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 February 2009.
Contacts
Mr Kevin Nagle
Solomon Gold plc
Company Secretary
Tel: +61 7 3303 0680
Email: knagle@solomongold.com
Mr Stephen Weir
RFC Corporate Finance
Nominated Advisor
Tel: +61 2 9250 0048
Email: Stephen.Weir@rfc.com.au