| Tue 8 Apr 2008, 9:12 | | CZA - Coal of Africa Limited - Results of General |
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CZA
CZA
CZA - Coal of Africa Limited - Results of General Meeting
Coal of Africa Limited
(previously, "GVM Metals Limited")
(Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
Share code on the JSE Limited: CZA
ISIN AU000000CZA6
Share code on the Australian Stock Exchange Limited: CZA
ISIN AU000000CZA6
(`CoAL` or `the Company`)
8 April 2008
RESULTS OF GENERAL MEETING
In accordance with Listing Rule 3.13.2 and Section 251AA(2) of the Corporations
Act, Coal of Africa Limited wishes to advise the following outcome of
resolutions put at the General Meeting of shareholders held earlier today:
1. Ratification of Issue of Shares
The resolution was carried unanimously by a show of hands, and the total number
of proxy votes in respect of validly appointed proxies was as follows:
Number % of Vote % of Issued
Capital
For: 128,935,193 98.96% 42.71%
Against: 1,227,239 0.94% 0.41%
Abstain: 21,976 0.02% 0.01%
Discretionary: 101,297 0.08% 0.03%
130,290,705 100% 43.16%
2. Issue of 4,750,000 Shares as part consideration for acquisition of remaining
30% interest in Mooiplaats
The resolution was carried unanimously by a show of hands, and the total number
of proxy votes in respect of validly appointed proxies was as follows:
Number % of Vote % of Issued
Capital
For: 128,966,968 98.98% 42.72%
Against: 1,222,410 0.94% 0.40%
Abstain: 30 0% 0%
Discretionary: 101,297 0.08% 0.03%
130,290,705 100% 43.16%
3. Issue of 100,000,000 Shares to raise further working capital should the
Company require
The resolution was carried unanimously by a show of hands, and the total number
of proxy votes in respect of validly appointed proxies was as follows:
Number % of Vote % of Issued
Capital
For: 119,919,629 92.04% 39.73%
Against: 10,269,779 7.88% 3.40%
Abstain: 0 0% 0%
Discretionary: 101,297 0.08% 0.03%
130,290,705 100% 43.16%
4. Grant of Options to Blair Sergeant
The resolution was carried unanimously by a show of hands, and the total number
of proxy votes in respect of validly appointed proxies was as follows:
Number % of Vote % of Issued
Capital
For: 80,808,633 62.02% 26.77%
Against: 9,574,628 7.35% 3.17%
Abstain: 39,806,147 30.55% 13.19%
Discretionary: 101,297 0.08% 0.03%
130,290,705 100% 43.16%
Shannon Coates
Company Secretary
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 08/04/2008 09:12:02 Produced by the JSE SENS Department.
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