13 Mar 2017 13:29
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For immediate release
 13 March 2017
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Xtract Resources Plc
("Xtract" or the "Company")
Result of General Meeting
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The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to announce that at the General Meeting held earlier today, both resolutions were passed as follows:
Resolution 1
An ordinary resolution granting authority to the Directors to issue up to 16,963,064,156Â Ordinary Shares (representing approximately 85% of the issued share capital of the Company as at the last practicable date prior to the date of this letter). Resolution 1 was duly approved. Proxies in favour were received to the level of 99.74%.
Resolution 2
A special resolution to disapply the Statutory Pre-Emption Rights in relation to the Placing Shares which (in addition to disapplying Statutory Pre-Emption Rights for pre-emptive issues and for options), will also disapply the Statutory Pre-Emption Rights in respect of the issue of up to 16,963,064,156Â Ordinary Shares for cash. Resolution 2 was duly approved. Proxies in favour were received to the level of 99.65%.
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Enquiries:
Xtract Resources Plc | Colin Bird, Executive Chairman | +44 (0) 203 416 6471 |
Beaumont Cornish (Nominated Adviser) | Michael Cornish / Felicity Geidt | +44 (0) 207 628 3369 |
Email: corpfin@b-cornish.co.uk | ||
Beaufort Securities (Broker) | Jon Belliss  | +44 (0) 207 382 8300 |
 ENDS