23 August 2016
Avalon Minerals Limited (ASX:AVI) ("Avalon" or "Company")
Results of General Meeting
In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act, we provide the following details of the resolutions and the proxies received in respect of each Resolution considered by members at the General Meeting of Avalon Minerals Limited held on Tuesday 23 August 2016.
-
Ratification of prior issue of 1,000,000 Shares Issued under LR 7.1
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
41,451,062 (97.15%)
|
163,073 (0.38%)
|
360,000
|
1,054,215 (2.47%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Ratification of prior issue of 56,315,000 Shares Issued under LR 7.1
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
39,669,812 (99.45%)
|
163,073 (0.41%)
|
360,000
|
54,215 (0.14%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Ratification of prior issue of 38,210,000 Shares Issued under LR 7.1A
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
31,967,769 (96.34%)
|
163,073 (0.49%)
|
360,000
|
1,054,215 (3.17%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Approval to issue up to 36,250,000 new Shares
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
36,434,998 (96.74%)
|
179,137 (0.47%)
|
360,000
|
1,054,215 (2.79%)
|
The motion was carried as an ordinary resolution on a show of hands.
23 August 2016
-
Approval to issue up to 130,775,000 new Options
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
30,110,455 (99.03%)
|
239,137 (0.79%)
|
360,000
|
54,215 (0.18%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Approval to issue 10,000,000 new Options
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
41,374,998 (96.97%)
|
239,137 (0.56%)
|
360,000
|
1,054,215 (2.47%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Approval for issue of shares and options to Director - Mr Malcolm Norris
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
37,813,357 (95.78%)
|
613,081 (1.55%)
|
255,200
|
1,054,215 (2.67%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Approval for issue of shares and options to Director - Mr Graham Ascough
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
35,852,041 (95.40%)
|
673,081 (1.79%)
|
255,200
|
1,054,215 (2.80%)
|
The motion was carried as an ordinary resolution on a show of hands.
-
Approval to issue 5,000,000 new Shares
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
41,374,998 (96.52%)
|
439,137 (1.02%)
|
160,000
|
1,054,215 (2.46%)
|
The motion was carried as an ordinary resolution on a show of hands.
23 August 2016
-
Approval for issue of performance rights to Director - Mr Malcolm Norris
The instructions given to validly appointed proxies in respect of the resolution were as follows:
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
30,434,439 (94.85%)
|
598,217 (1.86%)
|
255,200
|
1,054,215 (3.29%)
|
The motion was carried as an ordinary resolution on a show of hands.
Gavin Leicht Company Secretary Avalon Minerals Ltd