Result of AGM

16 Jun 2005 09:56

Tanzanite One Limited16 June 2005 Tanzanite One Limited(TanzaniteOne or Group) 16 June 2005 RESULTS OF ANNUAL GENERAL MEETING We advise the following ordinary resolutions placed before shareholders at theAnnual General Meeting of Tanzanite One Limited on 15 June 2005 were approved asfollows: 1. Resolution 1 - Re-election of Mr Ian Harebottle To consider and, if thought fit, to pass, the following resolution: "That Mr Ian Harebottle, who was appointed a director of the Company to fill acasual vacancy on 10 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 2. Resolution 2 - Re-election of Mr Ami Mpungwe To consider, and if thought fit, to pass, the following resolution: "That Mr Ami Mpungwe, who was appointed a director of the Company to fill acasual vacancy on 5 July 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 3. Resolution 3 - Re-election of Mr Ed Nealon To consider, and if thought fit, to pass, the following resolution: "That Mr Ed Nealon, who was appointed a director of the Company to fill a casualvacancy on 10 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 4. Resolution 4 - Re-election of Mr Michael Nunn To consider, and if thought fit, to pass, the following resolution: "That Mr Michael Nunn who was appointed a director of the Company to fill acasual vacancy on 10 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 5. Resolution 5 - Re-election of Mr Georg von Opel To consider, and if thought fit, to pass, the following resolution: "That Mr Georg von Opel who was appointed a director of the Company to fill acasual vacancy on 30 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 6. Resolution 6 - Re-election of Mr Nicholas Sibley To consider, and if thought fit, to pass, the following resolution: "That Mr Nicholas Sibley who was appointed a director of the Company to fill acasual vacancy on 10 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 7. Resolution 7 - Re-election of Mr Mark Summers To consider, and if thought fit, to pass, the following resolution: "That Mr Mark Summers who was appointed a director of the Company to fill acasual vacancy on 10 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 8. Resolution 8 - Re-election of Mr Bruce Sutherland To consider, and if thought fit, to pass, the following resolution: "That Mr Bruce Sutherland who was appointed a director of the Company to fill acasual vacancy on 30 June 2004, retires and being eligible, offers himself forre-election, be re-elected as a Director." In Favour: 35,684,950 Against: 0 Abstain: 0 9. Resolution 9 - Renew Director's authority to allot and issue common shares To consider, and if thought fit, to pass the following resolution: "To limit the Directors' authority to exercise all the powers of the Company toallot and issue Common Shares of the Company up to the aggregate nominal valueof share capital of up to ten (10%) of the Company's issued share capital at thedate of admission of the Company's Common Shares to the Alternative InvestmentMarket of the London Stock Exchange, such limitation of authority to expire onthe date of the next annual general meeting of the Company (unless and to theextent that this resolution is renewed, varied, revoked or extended prior tosuch date in a general meeting of the Members of the Company), but so as toenable the Directors before that date to make offers or agreements which wouldor might require Common Shares to be allotted and or issued after that date andto enable the Directors to allot and issue Common Shares in pursuance of thoseoffers or agreements as if the authority conferred on them had not expired, thisauthority is to be in substitution for all existing authorities granted to theDirectors in respect of the allotment and issue of relevant securities, and,provided that this resolution shall not apply to the allotment and issue of anyCommon Shares pursuant to the terms of the Company's Share Option Scheme." In Favour: 35,684,950 Against: 0 Abstain: 0 10. Resolution 10 - Allotment of shares That the Directors be authorised to allot and issue Common Shares pursuant tothe authority referred to in Item 12. above, as if the provisions of Bye-law 2of the Company's Bye-laws did not apply to those allotments and issuances In Favour: 35,680,950 Against: 0 Abstain: 4,000 11. Resolution 11 - Grant of Options to Mr Ian Harebottle To consider, and if thought fit, to pass, the following resolution. "That, the Company approves and authorises the grant of up to 200,000 Optionspursuant to and in accordance with the Tanzanite One Option Plan to Mr IanHarebottle (or his permitted nominee)" In Favour: 35,514,283 Against: 0 Abstain: 170,667 12. Resolution 12 - Grant of Options to Mr Michael Nunn To consider, and if thought fit, to pass, the following resolution. "That, the Company approves and authorises the grant of up to 300,000 Optionspursuant to and in accordance with the Tanzanite One Option Plan to Mr MichaelNunn (or his permitted nominee)" In Favour: 21,714,746 Against: 0 Abstain: 13,970,204 13. Resolution 13 - Grant of Options to Ms Candice Nunn To consider, and if thought fit, to pass, the following resolution. "That, the Company approves and authorises the grant of up to 200,000 Optionspursuant to and in accordance with the Tanzanite One Option Plan to Ms CandiceNunn (or her permitted nominee)" In Favour: 21,714,746 Against: 0 Abstain: 13,970,204 14. Resolution 14 - Grant of Options to Mr Mark Summers To consider, and if thought fit, to pass, the following resolution: "That, the Company approves and authorises the grant of up to 200,000 Optionspursuant to and in accordance with the Tanzanite One Option Plan to Mr MarkSummers (or his permitted nominee)" In Favour: 35,597,617 Against: 0 Abstain: 87,333 15. Resolution 15 - Re-appointment of Auditor To consider and, if thought fit, to pass, the following resolution: "That, Messrs KPMG, be and are hereby appointed as Auditors of the Company untilthe conclusion of the next annual general meeting at a fee to be agreed by theDirectors." In Favour: 35,684,950 Against: 0 Abstain: 0 For further information regarding these results, please contact: Tanzanite One Limited In United Kingdom:Willi Boehm, Company Secretary Conduit PR+61 409969955 Leesa Peters +44 20 7936 9095 In South Africa:Tanzanite One (SA) LimitedMark Summers, Chief Financial OfficerAngela Parr Corporate AffairsTanzanite One SA Ltd+27 11 2141000 or visit: www.tanzaniteone.com This information is provided by RNS The company news service from the London Stock Exchange