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EVOLUTION MINING LIMITED — Declaration of Voting Results & Voting Rights Announcements 2015
Jun 22, 2015
64885_rns_2015-06-22_d0db5688-0d49-4090-b7d7-a45a89ed3a7a.pdf
Declaration of Voting Results & Voting Rights Announcements
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Dated: 23 June 2015
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RESULTS OF GENERAL MEETING
In accordance with Listing Rule 3.13.2, it is confirmed that the following resolutions put to the General Meeting of Phoenix Gold Limited ( ASX: PXG ) (“ Phoenix ” or the “ Company ”), held on 23 June 2015, were passed on a show of hands:
ASX: PXG
Resolution 1: Ratification of Past Placement of Shares to Evolution Mining Ltd
Resolution 3: Ratification of Past Placement of Shares to Institutional and Sophisticated Investors
As disclosed earlier today, Resolution 2 was withdrawn from the Agenda and not put to shareholders.
Executive Chairman Dale Rogers said “ Before I open the meeting I wanted to make some comments in light of recent developments around the Company. As announced earlier this morning, the Board has withdrawn Resolution Two from this meeting, regarding the Strategic Alliance with Evolution.
The Board views the alliance with Evolution favourably. We see synergies between the companies at an operational level, our tenements are intertwined and they bring to the table a milling solution that is the newest in the area and closest to our Reserves and Resources.
Further, we have a great deal of respect for the Management and performance of Evolution.
The Board’s view was withdrawing Resolution Two was the right thing to do by our Shareholders as most Shareholders had already voted on the Resolution prior to the announcement Monday morning by Zijin Mining Group.
The Company is well funded and withdrawing Resolution Two maintains flexibility for all parties involved .”
In addition, information required to be disclosed by the Company in accordance with section 251AA of the Corporations Act is also attached.
For further information please contact
Investors
Dale Rogers, Executive Chairman (08) 90 212 704 [email protected]
Media
Shane Murphy FTI Consulting (08) 9485 8888 or 0420 945 291
Phoenix Gold Ltd ABN 55 140 269 316
73 Dugan Street PO Box 100 Kalgoorlie WA 6430 Phone +61 8 9021 2704 Fax +61 8 9021 3393
www.phoenixgold.com.au [email protected]
ATTACHMENT
23 June 2015
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General Meeting 23 June 2015
Proxy Summary
Resolution 1: Ratification of Past Placement of Shares to Evolution Mining Ltd
The instructions given to validly appointed proxies in respect of the resolution were as follows:
| For | Against | Abstain | Proxy’s Discretion |
|---|---|---|---|
| 138,797,280 | 10,731,941 | 5,000 | 1,897,020 |
The motion was carried as an ordinary resolution on a show of hands
Resolution 2: Approval for Issue of Tranche 2 Shares and Strategic Alliance with Evolution Mining Ltd
The instructions given to validly appointed proxies in respect of the resolution were as follows:
| For | Against | Abstain | Proxy’s Discretion |
|---|---|---|---|
| 80,714,075 | 68,840,146 | 5,000 | 1,872,020 |
The motion was withdrawn prior to the meeting and not put to shareholders
Resolution 3: Ratification of Past Placement of Shares to Institutional and Sophisticated Investors
The instructions given to validly appointed proxies in respect of the resolution were as follows:
| For | Against | Abstain | Proxy’s Discretion |
|---|---|---|---|
| 131,687,206 | 424,500 | 90,440 | 1,200,509 |
The motion was carried as an ordinary resolution on a show of hands
ENDS
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