| Mon 23 Nov 2009, 9:53 | | TAW - Tawana - Results of the General meeting held on 23 November 2009 |
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TAW
TAW
TAW - Tawana - Results of the General meeting held on 23 November 2009
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW
ISIN: AU000000TAW7
("Tawana" or "the Company")
23 November 2009
Results of the General Meeting held 23 November 2009
Tawana Resources NL (ASX:TAW) held a General Meeting of shareholders today at
10:00am AEST at the Lawler Draper Dillon Conference Room, Level 13, 440 Collins
Street, Melbourne, Victoria.
All resolutions were passed unanimously by shareholders as follows:
Resolution 1 - Subsequent approval of the issue of T1 Placement Shares
To consider and, if thought fit, to pass the following resolution as an ordinary
resolution:
"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes,
approval is given for the allotment and issue of the T1 Placement Shares by the
Company on the terms and conditions set out in the Explanatory Statement."
Resolution 2 - Issue of T2 Placement Shares
To consider and, if thought fit, to pass the following resolution as an ordinary
resolution:
"That, for the purposes of ASX Listing Rule 7.1 and for all other purposes,
approval is given for the Company to allot and issue the T2 Placement Shares on
the terms and conditions set out in the Explanatory Statement."
Resolution 3 - Grant of Options to Cygnet Capital
To consider and, if thought fit, to pass the following resolution as an ordinary
resolution:
"That, for the purposes of ASX Listing Rule 7.1 and for all other purposes, but
subject to the passing of Resolution 2, approval is given for the Company to
grant the Cygnet Options to Cygnet Capital on the terms and conditions set out
in the Explanatory Statement."
Resolution 4 - Issue of Convertible Notes
To consider and, if thought fit, to pass the following resolution as an ordinary
resolution:
"That, for the purposes of ASX Listing Rule 7.1 and for all other purposes,
approval is given for the Company to issue the Convertible Notes to Mahsor
Holdings Pty Limited, Deck Chair Holdings Pty Limited, Manfree Nominees Pty
Limited and Mr Julian Babarczy on the terms and conditions set out in the
Explanatory Statement."
Results of the Resolutions
Each resolution was unanimously passed by a show of hands
Resolution For Against Abstain
1 Subsequent approval 44,770,200 32,953 3,900,000
of the issue of T1
Placement Shares.
2 Issue of T2 48,670,200 32,953 0
Placement Shares.
3 Grant of Options to 44,279,177 518,096 3,905,880
Cygnet Capital
4 Issue of Convertible 40,382,445 27,328 8,293,380
Notes
Note that the proxy votes received represent 36.16% of voting shares on issue.
Euan LuffDirectorTel: +61 3 9224 1000Email: eluff@wfw.com.au
South African Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 23/11/2009 09:53:01 Produced by the JSE SENS Department.
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