ASX "WDR"
15th November, 2013
ASX Market Announcements, Australian Securities Exchange,
20, Bridge Street, Sydney, N.S.W. 2000
Western Desert Resources Limited - Results of Annual General Meeting
At the Annual General Meeting of Western Desert Resources Limited held in Adelaide on 15th November, 2013 the following proxy votes and votes lodged at the meeting were received in respect of the resolutions, which were duly passed without amendment.
Resolution 1 - Adoption of Remuneration Report:
(Proxy votes received)
|
For
|
Against
|
At Discretion of Holder
|
Abstain/Excluded/ Unusable
|
|
55,766,454
|
4,164,502
|
4,656,598
|
118,184,735
|
The resolution was passed as an ordinary resolution.
Resolution 2 - Re-election of Mr Graham John Bubner as a Director:
(Proxy votes received)
|
For
|
Against
|
At Discretion of Holder
|
Abstain/Excluded
|
|
167,572,385
|
4,381,678
|
15,864,190
|
5,257,148
|
The resolution was passed on a show of hands as an ordinary resolution.
Resolution 3 - Ratification of the Issue of Shares to the Underwriters of the August, 2012
Entitlement Offer:
(Proxy votes received)
|
For
|
Against
|
At Discretion of Holder
|
Abstain/Excluded
|
|
62,545,992
|
385,155
|
20,069,817
|
107,159,931
|
The resolution was passed on a show of hands as an ordinary resolution.
Resolution 4 - Ratification of the July, 2013 Placement:
(Proxy votes received)
|
For
|
Against
|
At Discretion of Holder
|
Abstain/Excluded
|
|
142,001,713
|
241,123
|
4,687,229
|
50,691,653
|
The resolution was passed on a show of hands as an ordinary resolution.
Resolution 5 - Approval of the September, 2013 Placement:
(Proxy votes received)
|
For
|
Against
|
At Discretion of Holder
|
Abstain/Excluded
|
|
100,315,463
|
243,403
|
20,069,817
|
69,532,212
|
The resolution was passed on a show of hands as an ordinary resolution.
As approval for the Placement was obtained from WDR Shareholders at the Annual General Meeting, the Placement will proceed to settlement on 22 November 2013. The shares to be issued under the Placement will be allotted and issued to investors on 25 November 2013.
A copy of the Notice of Annual General Meeting, detailing the resolutions, is available from the
Company's website at www.westerndesertresources.com.au
Yours faithfully,
Laurie Ackroyd Company Secretary (08) 8177 8800
[email protected]
About Western Desert Resources Limited
Western Desert Resources (WDR) is an ASX listed Australian exploration company with a diversified portfolio of projects in Australia. WDR has identified advanced prospects in iron ore, gold and copper.
Core projects are: the Roper Bar Iron Ore Project in the Northern Territory located close to the Gulf of
Carpentaria; and the Rover gold/copper project near Tennant Creek, also in the Northern Territory.