News Column

Result of AGM

June 13, 2014

FOR: EASTERN PLATINUM LIMITED TSX, AIM SYMBOL: ELR JSE SYMBOL: EPS June 13, 2014 Eastern Platinum Announces Voting Results of Annual General and Special Meeting VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2014) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to announce the voting results of its 2014 Annual General and Special Meeting (the "Meeting") held yesterday. Fix number of Directors The ordinary resolution fixing the number of directors at 5 was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Number of Shares Percentage of Votes Cast ---------------------------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- 501,816,348 13,411,618 0 97.40% 2.60% 0.0% ---------------------------------------------------------------------------- Election of Directors All nominees listed in the management proxy circular for the Meeting were elected as directors of the Company. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Nominee Number of Shares Percentage of Votes Cast ----------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- Ian Rozier 486,386,142 0 6,400,421 98.70% 0.0% 1.30% ---------------------------------------------------------------------------- David Cohen 483,565,668 0 9,220,895 98.13% 0.0% 1.87% ---------------------------------------------------------------------------- Gordon Keep 480,806,947 0 11,979,616 97.57% 0.0% 2.43% ---------------------------------------------------------------------------- J. Merfyn Roberts 484,945,092 0 7,841,471 98.41% 0.0% 1.59% ---------------------------------------------------------------------------- Robert Gayton 482,108,118 0 10,678,445 97.83% 0.0% 2.17% ---------------------------------------------------------------------------- Appointment of Auditors Deloitte LLP were appointed auditors of the Company to hold office until the close of the next annual general meeting of the Company, and the directors of the Company were authorized to fix the remuneration of the auditors. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Number of Shares Percentage of Votes Cast ---------------------------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- 506,250,771 0 8,978,363 98.26% 0.0% 1.74% ---------------------------------------------------------------------------- Share Option Plan The resolution ratifying, confirming and approving the adoption of the Company's 2011 Share Option Plan, as amended, was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Number of Shares Percentage of Votes Cast ---------------------------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- 326,830,813 165,955,750 0 66.32% 33.68% 0.0% ---------------------------------------------------------------------------- Shareholders Rights Plan The resolution ratifying, confirming and approving the adoption of a Shareholders Rights Plan of the Company was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Number of Shares Percentage of Votes Cast ---------------------------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- 489,808,016 2,978,547 0 99.40% 0.60% 0.0% ---------------------------------------------------------------------------- Share Consolidation and Subdivision The special resolution ratifying, confirming and approving the Share Consolidation and Subdivision of the Company's securities was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Number of Shares Percentage of Votes Cast ---------------------------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- 498,959,683 16,269,450 0 96.84% 3.16% 0.0% ---------------------------------------------------------------------------- The Share Consolidation and Subdivision is expected to be effective on June 27, 2014. Cancellation of Trading on the AIM The resolution ratifying, confirming and approving the cancellation of trading on the AIM was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows: ---------------------------------------------------------------------------- Number of Shares Percentage of Votes Cast ---------------------------------------------------------------------------- For Against Withheld/ For Against Withheld/ Abstain Abstain ---------------------------------------------------------------------------- 510,847,298 4,380,669 0 99.15% 0.85% 0.00% ---------------------------------------------------------------------------- The last day of trading on the AIM is expected to be June 19, 2014. Total shares issued and outstanding - 928,187,807 No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. FOR FURTHER INFORMATION PLEASE CONTACT: Eastern Platinum LimitedIan Rozier President & C.E.O. +1-604-685-6851 +1-604-685-6493 (FAX) info@eastplats.comwww.eastplats.com OR NOMAD: Neil Elliot, Damien HackettCanaccord Genuity Limited, London +44 (0) 207 7523 8000 OR JSE SPONSOR: Johan FouriePSG Capital (Pty) Limited +27 21 887 9602 johanf@psgcapital.com


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Source: Marketwire (UK Regulatory)


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