29 Oct 2020 15:00
29 October 2020
Zoltav Resources Inc.
("Zoltav" or the "Company")
Result of AGM
Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces that, at the Annual General Meeting ("AGM") of the Company held today, all resolutions proposed were duly passed on a poll. The results of the voting were as follows:
Resolution # | Votes FOR | % of votes cast | Votes AGAINST | % of votes cast | Votes TOTAL** | % of ISC* | Votes WITHELD |
1. Approve Report and FS | 118,892,971 | 100.00 | 0 | 0.00 | 118,892,971 | 83.75 | 1,500 |
2. Re-elect L. Verny | 118,892,971 | 100.00 | 0 | 0.00 | 118,892,971 | 83.75 | 1,500 |
3. Re-elect A. Gorodetsky | 118,892,971 | 100.00 | 0 | 0.00 | 118,892,971 | 83.75 | 1,500 |
4. Re-elect A. Immel | 118,892,971 | 100.00 | 0 | 0.00 | 118,892,971 | 83.75 | 1,500 |
5. Appoint auditor | 118,883,171 | 99.99 | 9,600 | 0.01 | 118,892,771 | 83.75 | 1,700 |
*ISC - Issued Share Capital
** Excludes votes withheld
Contacts:
Zoltav Resources Inc. Lea Verny, Non-executive Chairman
| Tel. +44 (0)20 7390 0234 (via Vigo Communications) |
SP Angel Corporate Finance LLP (Nomad and Joint Broker) John Mackay / Jeff Keating / Soltan Tagiev
| Tel. +44 (0)20 3470 0470 |
Vigo Communications Ben Simons / Simon Woods | Tel. +44 (0)20 7390 0234 zoltav@vigocomms.com |
About Zoltav
Zoltav is an oil and gas exploration and production company focused on Russia. The Company holds the Bortovoy Licence in the Saratov region of South Western Russia, a 3,215 sq km area along the northern margin of the Pre-Caspian basin, one of the largest hydrocarbon basins in the CIS. The Bortovoy Licence contains a number of productive gas fields in the west of the Licence and a processing plant. The Company is currently evaluating strategies to commercialise the eastern fields of the Bortovoy Licence. For further information on Zoltav, or to sign up for our news alert service, visit: www.zoltav.com.