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VERITY RESOURCES LIMITED AGM Information 2008

Nov 26, 2008

66020_rns_2008-11-26_c625836c-d3e4-4bf4-aca8-aa51e4c4fcef.pdf

AGM Information

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ABN 96 122 995 073

MINUTES OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF BOTSWANA METALS LIMITED HELD ON 27 NOVEMBER 2008 AT 9:30AM AT GROUND FLOOR, 737 BURWOOD ROAD HAWTHORN, VICTORIA, 3122

PRESENT: Mr Patrick Volpe (Chairman) Dr Andrew Tunks (Managing Director) Mr Harry Stacpoole (Director Dr Paul Woolrich (Director) Mr Richard Baker (Company Secretary) Shareholders, a representative of the company’s auditors and visitors on the Attendance Register attached to and forming part of these minutes.

INTRODUCTION: The Chairman introduced the Board of Directors, the Company Secretary, the auditors representative and welcomed shareholders and visitors to the meeting.

The Notice of Meeting was taken as read as follows: Moved: Mr John Wilson Seconded: Mr Andre Daniel-Dreyfus

Carried unanimously on a show of hands.

The 2008 Financial Statements and Report were tabled by the Chairman.

RESOLUTION 1: Remuneration Report

“That the Remuneration Report (which forms part of the Director’s Report) for the year ended 30 June 2008 be adopted”.

Moved: Mr Andre Daniel-Dreyfus Seconded: Mr John Wilson

The Resolution was carried unanimously on a show of hands.

Botswana Metals Limited

REGISTERED OFFICE Suite 5.10, 737 Burwood Rd, Hawthorn, Australia Telephone +61 3 9813 5888 Facsimile +61 3 9813 2668 Email [email protected]

www.botswanametals.com.au

ABN 96 122 995 073

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Proxy Votes “for” the motion 18,020,477
Proxy Votes “against” the motion 1,239,335
Proxy Votes “abstaining” from voting 211,000
Votes where proxy may exercise discretion NIL

RESOLUTION 2: Re-election of Dr Paul Woolrich

“That Dr Paul Woolrich, a director retiring in accordance with the Company’s Constitution and being eligible, is re-elected as a director of the Company”.

Moved: Mr Andre Daniel-Dreyfus Seconded: Mr John Wilson

The Resolution was carried unanimously on a show of hands.

Proxy Votes “for” the motion 18,387,227
Proxy Votes “against” the motion 975,705
Proxy Votes “abstaining” from voting 100,000
Votes where proxy may exercise discretion NIL

RESOLUTION 3: Re-election of Mr Harry Stacpoole

“That Mr Harry Stacpoole, a director retiring by rotation in accordance with the Company’s Constitution and being eligible, is re-elected as a director of the Company”.

Moved: Mr John Wilson Seconded: Mr Andre Daniel-Dreyfus

The Resolution was carried unanimously on a show of hands.

Proxy Votes “for” the motion 17,051,929
Proxy Votes “against” the motion 976,143
Proxy Votes “abstaining” from voting 1,434,860
Votes where proxy may exercise discretion NIL

Botswana Metals Limited

REGISTERED OFFICE

Suite 5.10, 737 Burwood Rd, Hawthorn, Australia Telephone +61 3 9813 5888 Facsimile +61 3 9813 2668 Email [email protected]

www.botswanametals.com.au

ABN 96 122 995 073

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CLOSURE OF MEETING:

There being no further business the meeting closed at 9:47am.

Signed as a true and correct record.

P.J. Volpe Chairman

Botswana Metals Limited

REGISTERED OFFICE Suite 5.10, 737 Burwood Rd, Hawthorn, Australia Telephone +61 3 9813 5888 Facsimile +61 3 9813 2668 Email [email protected]

www.botswanametals.com.au