REG - Metminco Limited - 2016 Annual General Meeting - Results <Origin Href="QuoteRef">MNC.AX</Origin>

Merino & CoAnnouncement

23/05/2017 07:08

RNS Number : 9313F
Metminco Limited
23 May 2017
ASX ANNOUNCEMENT
23 May 2017
2016 ANNUAL GENERAL MEETING - RESULTS
Annual General Meeting Presentation
Metminco Ltd (ASX:MNC: AIM: MNC) announces that it has today released the Presentation made at the Company's 2016 Annual General Meeting on 23 May 2017. 
A copy of the presentation can be downloaded from the Company's' website www.metminco.com.au.
Results of Annual General Meeting:
Pursuant to Listing Rule 3.13.2 and Section 251AA of the Corporations Law, Metminco Limited (Metminco or the Company) advises that the resolutions put to shareholders at the 2016 Annual General Meeting of the Company held on 23 May 2017 were carried. 
Summarised below is the number of votes cast on the poll in respect of each resolution: 
Resolution 1:
"That the Remuneration Report for the year ended 31 December 2016 be adopted."
Valid Proxies Received:
 21,861,391 votes for the Resolution 
 864,377 votes have appointed the Chairman as Proxy 
 910,754 votes against the Resolution 
More than 75% of votes were cast in favour of this resolution.
Resolution 2:
"That, for the purpose of clause 15.6 of the Constitution and for all other purposes, Ram Venkat, a Director who was appointed to fill a casual vacancy on 20 March 2017 retires, and being eligible, is re-elected as a Director."
Valid Proxies Received:
 39,754,833 votes for the Resolution 
 874,740 votes have appointed the Chairman as Proxy 
 798,940 votes against the Resolution
More than 50% of votes were cast in favour of this resolution.
Resolution 3:
"That, for the purposes of Listing Rule 7.4 and for all other purposes, shareholders approve and ratify the allotment and issue of a total of 12,345,639 Convertible Notes in the Company."
Valid Proxies Received:
 28,780,544 votes for the Resolution
 874,531 votes appointed the Chairman as Proxy 
 630,661 votes against the Resolution 
More than 50% of votes were cast in favour of this resolution.

Resolution 4:
"That, for the purposes of Listing Rule 7.4 and for all other purposes, shareholders approve and ratify the allotment and issue of a total of 12,345,639 Tranche 1 Options in the Company."
Valid proxies received: 
 28,774,885 votes for the Resolution
 874,517 votes appointed the Chairman as Proxy 
 635,225 votes against the Resolution
More than 50% of votes were cast in favour of this resolution.
Resolution 5:
"That for the purposes of Listing Rule 7.1 and for all other purposes, approval is given for the Company to be authorised to issue and allot 12,345,639 Tranche 2 Options in the Company."
Valid proxies received: 
 28,762,871 votes for the Resolution
 886,675 votes appointed the Chairman as Proxy 
 805,805 votes against the Resolution 
More than 50% of votes were cast in favour of this resolution.
Resolution 6:
"That for the purposes of Listing Rule 7.1A and for all other purposes, the issue of up to 10% of the Company's share capital calculated in accordance with Listing Rule 7.1A is approved."
The Resolution was not supported by more than 75% of proxy votes and Directors resolved to withdraw the resolution.
Philip W Killen
Company Secretary



Metminco Limited ABN 43 119 759 349
ASX Code: MNC.AX; AIM Code: MNC.L

Level 4, 6 Help Street, Chatswood, NSW, 2067
Tel: +61 (0) 2 9460 1856; Fax: +61 (0) 2 9460 1857
www.metminco.com.au
For further information, please contact:
METMINCO LIMITED


Phil Killen

Office: +61 (0) 2 9460 1856
NOMINATED ADVISOR AND BROKER


RFC Ambrian 


Australia


Will Souter / Nathan Forsyth

Office: +61 (0) 2 9250 0000
United Kingdom


Charlie Cryer

Office: +44 (0) 20 3440 6800
JOINT BROKER


SP Angel Corporate Finance LLP (UK)


Ewan Leggat

Office: +44 (0) 20 3470 0470
PUBLIC RELATIONS


Camarco
United Kingdom


Gordon Poole / Tom Huddart / James Crothers

Office: + 44 (0) 20 3757 4997

This information is provided by RNS
The company news service from the London Stock Exchange
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