Barnato Exploration Limited - Results Of The Annua
BARNATO EXPLORATION LIMITED - RESULTS OF THE ANNUAL GENERAL MEETING
(Incorporated in the Republic of South Africa)
(Registration number 1988/003756/06)
Share code BNX ISIN ZAE000000964
("Barnex")
RESULTS OF THE ANNUAL GENERAL MEETING
Shareowners of Barnex are advised that the proposed Special Resolution No.2
"Increase in authorised share capital" and Ordinary Resolution No.1 "Placing
unissued share capital under the control of the directors", as stated in the
Notice to Members dated 28 June 2002, were withdrawn with the approval of a
majority of the shareowners present at the annual general meeting of Barnex
held on Wednesday 7 August 2002.
The Chairman of the meeting recommended to shareowners that the
aforementioned resolutions be withdrawn, in light of the proposals received
from JCI Limited ("JCI"), in terms of which JCI will acquire the entire
issued share capital of Barnex from Western Areas Limited, and from the
minority shareowners of Barnex, by way of a Scheme of Arrangement, as
announced on 18 July 2002.
All of the other resolutions proposed at the annual general meeting were
approved by the requisite majority of the shareowners present or voting by
proxy.
Johannesburg
7 August 2002
Sponsor
Corpcapital Corporate Finance
(a sponsor registered with the JSE Securities Exchange South Africa)
Date: 07/08/2002 03:58:00 PM Produced by the JSE SENS Department
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