Welcome!

News Feed Item

Eastern Platinum Announces Voting Results of Annual General and Special Meeting

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/13/14 -- Eastern Platinum Limited (TSX: ELR)(AIM: ELR)(JSE: EPS) ("Eastplats" or the "Company") is pleased to announce the voting results of its 2014 Annual General and Special Meeting (the "Meeting") held yesterday.

Fix number of Directors

The ordinary resolution fixing the number of directors at 5 was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
           Number of Shares                  Percentage of Votes Cast
----------------------------------------------------------------------------
     For       Against    Withheld/       For        Against     Withheld/
                           Abstain                                Abstain
----------------------------------------------------------------------------
 501,816,348 13,411,618       0          97.40%       2.60%         0.0%
----------------------------------------------------------------------------

Election of Directors

All nominees listed in the management proxy circular for the Meeting were elected as directors of the Company. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
     Nominee             Number of Shares          Percentage of Votes Cast
                 -----------------------------------------------------------
                      For     Against  Withheld/   For   Against  Withheld/
                                       Abstain                     Abstain

----------------------------------------------------------------------------
    Ian Rozier    486,386,142    0     6,400,421  98.70%  0.0%      1.30%
----------------------------------------------------------------------------
   David Cohen    483,565,668    0     9,220,895  98.13%  0.0%      1.87%
----------------------------------------------------------------------------
   Gordon Keep    480,806,947    0    11,979,616  97.57%  0.0%      2.43%
----------------------------------------------------------------------------
J. Merfyn Roberts 484,945,092    0     7,841,471  98.41%  0.0%      1.59%
----------------------------------------------------------------------------
  Robert Gayton   482,108,118    0    10,678,445  97.83%  0.0%      2.17%
----------------------------------------------------------------------------

Appointment of Auditors

Deloitte LLP were appointed auditors of the Company to hold office until the close of the next annual general meeting of the Company, and the directors of the Company were authorized to fix the remuneration of the auditors. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
           Number of Shares                  Percentage of Votes Cast
----------------------------------------------------------------------------
     For       Against     Withheld/       For       Against     Withheld/
                            Abstain                               Abstain
----------------------------------------------------------------------------
 506,250,771      0        8,978,363     98.26%       0.0%         1.74%
----------------------------------------------------------------------------

Share Option Plan

The resolution ratifying, confirming and approving the adoption of the Company's 2011 Share Option Plan, as amended, was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
           Number of Shares                  Percentage of Votes Cast
----------------------------------------------------------------------------
     For       Against     Withheld/       For       Against     Withheld/
                            Abstain                               Abstain
----------------------------------------------------------------------------
 326,830,813 165,955,750       0         66.32%      33.68%        0.0%
----------------------------------------------------------------------------

Shareholders Rights Plan

The resolution ratifying, confirming and approving the adoption of a Shareholders Rights Plan of the Company was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
           Number of Shares                  Percentage of Votes Cast
----------------------------------------------------------------------------
     For       Against     Withheld/       For       Against     Withheld/
                            Abstain                               Abstain
----------------------------------------------------------------------------
 489,808,016  2,978,547        0         99.40%       0.60%        0.0%
----------------------------------------------------------------------------

Share Consolidation and Subdivision

The special resolution ratifying, confirming and approving the Share Consolidation and Subdivision of the Company's securities was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
           Number of Shares                  Percentage of Votes Cast
----------------------------------------------------------------------------
     For       Against     Withheld/       For       Against     Withheld/
                            Abstain                               Abstain
----------------------------------------------------------------------------
 498,959,683 16,269,450        0         96.84%       3.16%        0.0%
----------------------------------------------------------------------------

The Share Consolidation and Subdivision is expected to be effective on June 27, 2014.

Cancellation of Trading on the AIM

The resolution ratifying, confirming and approving the cancellation of trading on the AIM was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

----------------------------------------------------------------------------
           Number of Shares                  Percentage of Votes Cast
----------------------------------------------------------------------------
     For       Against     Withheld/       For       Against     Withheld/
                            Abstain                               Abstain
----------------------------------------------------------------------------
 510,847,298  4,380,669        0         99.15%       0.85%        0.00%
----------------------------------------------------------------------------

The last day of trading on the AIM is expected to be June 19, 2014.

Total shares issued and outstanding - 928,187,807

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contacts:
Eastern Platinum Limited
Ian Rozier
President & C.E.O.
+1-604-685-6851
+1-604-685-6493 (FAX)
[email protected]
www.eastplats.com

NOMAD:
Neil Elliot, Damien Hackett
Canaccord Genuity Limited, London
+44 (0) 207 7523 8000

JSE SPONSOR:
Johan Fourie
PSG Capital (Pty) Limited
+27 21 887 9602
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
Why Federal cloud? What is in Federal Clouds and integrations? This session will identify the process and the FedRAMP initiative. But is it sufficient? What is the remedy for keeping abreast of cutting-edge technology? In his session at 21st Cloud Expo, Rasananda Behera will examine the proposed solutions: Private or public or hybrid cloud Responsible governing bodies How can we accomplish?
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
With the rise of DevOps, containers are at the brink of becoming a pervasive technology in Enterprise IT to accelerate application delivery for the business. When it comes to adopting containers in the enterprise, security is the highest adoption barrier. Is your organization ready to address the security risks with containers for your DevOps environment? In his session at @DevOpsSummit at 21st Cloud Expo, Chris Van Tuin, Chief Technologist, NA West at Red Hat, will discuss: The top security r...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
Many companies start their journey to the cloud in the DevOps environment, where software engineers want self-service access to the custom tools and frameworks they need. Machine learning technology can help IT departments keep up with these demands. In his session at 21st Cloud Expo, Ajay Gulati, Co-Founder, CTO and Board Member at ZeroStack, will discuss the use of machine learning for automating provisioning of DevOps resources, taking the burden off IT teams.