23 November 2017
ASX Limited Exchange Centre 20 Bridge Street
Sydney NSW 2000
Shareholder Meeting Results - 22 November 2017
Resource Generation Ltd ("Resgen") (ASX:RES) advises that in accordance with the ASX listing rules the outcome in respect of each resolution put to the Annual General Meeting held today were as follows:
Resolution Number | Brief Description of Resolution | Results of Resolution |
1 | Re-election of director - Mr Leapeetswe Molotsane | Passed on a show of hands |
2 | Re-election of director - Mr Robert Croll | Passed on a show of hands |
3 | Re-election of director - Mr Manish Dahiya | Passed on a show of hands |
4 | Adoption of Remuneration Report | Passed on a show of hands |
In accordance with Section 251AA of the Corporations Act 2001, the following disclosure is made with regard to proxy votes received in respect of each resolution:
Number of proxy votes | |||||
Resolution Number | For | Against | Abstentions | Discretionary | Total |
1 | 284,350,075 | 33,675,128 | 43,439 | 1,058,798 | 319,127,440 |
2 | 284,580,320 | 33,484,422 | 3,900 | 1,058,798 | 319,127,440 |
3 | 284,327,452 | 33,727,390 | 13,800 | 1,058,798 | 319,127,440 |
4 | 282,688,713 | 33,998,769 | 1,381,160 | 1,058,798 | 319,127,440 |
c/o Level 1, 17 Station Road, Indooroopilly, QLD, 4068
GPO Box 126, Albion QLD 4010. Phone +27 (012) 345 1057 Fax +27 (012) 345 5314
Directors: Denis Gately (Chairman), Lulamile Xate (Deputy Chairman), Rob Lowe (CEO), Robert Croll, Dr. Konji Sebati,Colin Gilligan, Leapeetswe Molotsane, Manish Dahiya www.resgen.com.au
Sincerely,
Michael Meintjes Company Secretary
About Resgen:Resource Generation Limited (Resgen) is an emerging ASX and JSE-listed energy company, currently developing the Boikarabelo Coal Mine in South Africa's Waterberg region. The Waterberg accounts for around 40% of the country's currently known coal resources. The Coal Resources and Reserves for the Boikarabelo Coal Mine, held through the operating subsidiary Ledjadja Coal, were recently updated based upon a new mine plan and execution strategy. The Boikarabelo Coal Resources total 995Mt and the Coal Reserves total 267Mt applying the JORC Code 2012 (ASX Announcement :23 January 2017- In accordance with Listing Rule 5.23.2 the Company confirms that it is not aware of any new information that would impact on the Reported Coal Resources and Coal Reserves). Stage 1 of the mine development targets saleable coal production of 6 million tonnes per annum. Ledjadja Coal is a Black Economic Empowerment subsidiary (BEE) operating under South Africa's Broad-based Black Economic Empowerment Act, Section 9(5): Codes of Good Practice
ResGen's primary shareholders are the Public Investment Corporation of South Africa (PIC), Noble Group and Altius Investment Holdings.
For further information please contact:Mike Meintjes, Company Secretary on mmeintjes@resgen.com.au or +61 413 706 143
Media enquiries:Australia: Martin Debelle on + 61 282 340 102
South Africa: Marion Brower/ Charmane Russell on +27 11 880 3924
PAGE 2
Resource Generation Limited published this content on 23 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 November 2017 06:36:10 UTC.
Original documenthttp://www.resgen.com.au/component/jdownloads/send/53-2017/552-shareholder-meeting-results-22-november-2017
Public permalinkhttp://www.publicnow.com/view/8E791605F6EE17EF80631F4880BEBB1E927E082D