16 November 2016
Avalon Minerals Limited (ASX:AVI) ("Avalon" or "Company")
Results of Annual General Meeting
In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001, we provide the following details of the resolutions and the proxies received in respect of each Resolution considered by members at the Annual General Meeting of Avalon Minerals Limited held on Wednesday 16 November 2016.
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ADOPTION OF REMUNERATION REPORT
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
158,164,194 (99.25%)
|
1,037,115 (0.65%)
|
0
|
154,215 (0.10%)
|
The instructions given to validly appointed proxies in respect of the resolution were as follows:
The motion was carried as an ordinary resolution on a show of hands.
-
APPROVAL TO ISSUE 1,171,875 SHARES TO DIRECTOR, MR GRAHAM ASCOUGH.
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
154,521,222 (99.71%)
|
288,915 (0.19%)
|
13,492,013
|
154,215 (0.10%)
|
The instructions given to validly appointed proxies in respect of the resolution were as follows:
The motion was carried as an ordinary resolution on a show of hands.
-
APPROVAL TO ISSUE 703,125 SHARES TO DIRECTOR, MR CRISPIN HENDERSON.
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
165,023,266 (99.37%)
|
888,915 (0.54%)
|
190,000
|
154,215 (0.09%)
|
The instructions given to validly appointed proxies in respect of the resolution were as follows:
The motion was carried as an ordinary resolution on a show of hands.
16 November 2016
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
167,823,235 (99.74%)
|
288,915 (0.17%)
|
190,000
|
154,215 (0.09%)
|
-
APPROVAL TO ISSUE 703,125 SHARES TO DIRECTOR, MR DON HYMA. The instructions given to validly appointed proxies in respect of the resolution were as follows:
The motion was carried as an ordinary resolution on a show of hands.
-
RE-ELECTION OF DIRECTOR, MR GRAHAM ASCOUGH
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
167,563,235 (99.54%)
|
616,929 (0.37%)
|
121,986
|
154,215 (0.09%)
|
The instructions given to validly appointed proxies in respect of the resolution were as follows:
The motion was carried as an ordinary resolution on a show of hands.
-
APPROVAL OF 10% PLACEMENT FACILITY
|
For
|
Against
|
Abstain
|
Proxy's Discretion
|
|
168,123,235 (99.80%)
|
178,915 (0.11%)
|
0
|
154,215 (0.09%)
|
The instructions given to validly appointed proxies in respect of the resolution were as follows:
The motion was carried by a sufficient majority as a special resolution on a show of hands.
Gavin Leicht Company Secretary Avalon Minerals Ltd