| Wed 19 May 2010, 16:47 | | GDO - Gold One - Overwhelming approval for resolutions at Gold One AGM |
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GDO
GDO
GDO - Gold One - Overwhelming approval for resolutions at Gold One AGM
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001 (Cth)
Registration number ACN: 094 265 746
Registered as an external company in the Republic of South Africa
Registration number: 2009/000032/10
Share code on the ASX/JSE: GDO
OTCQX International: GLDZY
ISIN: AU000000GDO5
("Gold One" or the "company")
OVERWHELMING APPROVAL FOR RESOLUTIONS AT GOLD ONE AGM
Gold One is pleased to announce that shareholders overwhelmingly approved all
the resolutions tabled at the company`s Annual General Meeting (`AGM`), held in
Sydney and Johannesburg on 19 May 2010.
All resolutions tabled constituted ordinary resolutions and were all approved by
91% or more of the shareholders present and voting or represented by proxy.
The company is also pleased to announce that Baker Steel Capital Managers LLP
today posted a notice of change of interest of substantial holder indicating the
investment manager has increased its stake in Gold One from 7.24% to 8.70%, or
approximately 69.7 million shares.
Gold One President and Chief Executive Officer Neal Froneman commented "I am
delighted that we have received such strong backing from our shareholders at
this second AGM of Gold One. We have a clear strategy and we remain very focused
on the achievement of our strategic objectives. The production ramp-up at
Modder East and the refinancing of the Bonds are primary focus areas. "
Johannesburg
19 May 2010
JSE Sponsor
Macquarie First South Advisers (Pty) Ltd
For further information contact:
Neal Froneman Ilja Graulich Carol Smith
President and CEO VP: Corporate Affairs Investor Relations
+27 11 726 1047 (office) +27 11 726 1047 (office) +27 11 726 1047 (office)
+27 83 628 0226 (mobile) +27 83 604 0820 (mobile) +27 82 338 2228 (mobile)
neal.froneman@gold1.co.za ilja.graulich@gold1.co.za carol.smith@gold1.co.za
About Gold One:
Gold One is a gold producer listed on the financial markets operated by ASX
Limited (the Australian Securities Exchange) and JSE Limited (the Johannesburg
Stock Exchange) issuer code `GDO`. Its flagship operation is the newly built
shallow Modder East mine on the East Rand, some 30 kilometres from Johannesburg.
Modder East is the first new mine to be built in the region in 28 years and
distinguishes itself from most of the other gold mines in South Africa, due to
its shallow nature (300 metres to 500 metres below surface), having to date
provided direct employment opportunities for over 1000 people.
Gold One also owns the nearby existing Sub Nigel mine, which is used primarily
as a training centre in the build-up of the Modder mine to full production. Its
other projects and targets include Ventersburg and Bothaville, both in the Free
State goldfields, the Tulo concession in Mozambique and the Etendeka greenfields
project in Namibia. Gold One has an issued share capital of 805,894,985 shares.
Date: 19/05/2010 16:47:01 Produced by the JSE SENS Department.
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