Musgrave Minerals : Results of Meeting

ASX RELEASE

19 November 2020

ASX: MGV

Results of Annual General Meeting

Musgrave Minerals Limited (ASX: MGV) (Company) advises the outcome of resolutions put to Shareholders at the Annual General Meeting (Meeting) held earlier today.

All resolutions were carried on a Poll:

Resolution 1: Remuneration Report (non-binding)

Resolution 2: Re-election of Director - Mrs Kelly Ross

Resolution 3: Approval of 10% Placement Facility

Resolution 4: Approval of Employee Share Option Plan

Resolution 5: Increase to Director Fee Pool

In accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act, the attached information is provided in relation to the resolutions put to members of the Company at the Meeting.

Authorised for release by:

Trish Farr

Company Secretary.

Investor enquiries:
Robert Waugh	Luke Forrestal
Managing Director	Associate Director
Musgrave Minerals Limited	Media and Capital Partners
[phone]	[phone]

5 Ord Street, West Perth WA 6005

Telephone: [phone] Fax: [phone]

Web: www.musgraveminerals.com.auEmail: [e-mail]

ABN: 12 143 890 671

MUSGRAVE MINERALS LIMITED - RESULTS OF ANNUAL GENERAL MEETING HELD ON 19 NOVEMBER 2020

The following information is provided in accordance with section 251AA(2) of the Corporations Act (Cth) and ASX Listing Rule 3.13.2.

			Instructions given to validly appointed proxies	Number of votes cast on the Poll	Resolution
				(as at Proxy Close)
						(where applicable)		Result
Resolutions voted on at the meeting	Resolution	For	Against	Discretionary	Abstain	For	Against	Abstain*	Carried/Not
Type	(open) votes	Carried
1	- Remuneration Report (non-binding)	Ordinary	175,370,275	1,004,777	10,048,866	442,711	185,419,141	1,004,777	442,711	Carried
			94.07%	0.54%	5.39%		99.46%	0.54%
2	- Re-election of Director - Mrs Kelly Ross	Ordinary	82,691,143	297,396	9,901,366	337,896	192,592,509	297,396	337,896	Carried
			94.71%	0.15%	5.13%		99.85%	0.15%
3	- Approval of 10% Placement Facility	Special	180,420,858	1,860,709	9,901,366	1,044,868	190,322,224	1,860,709	1,044,868	Carried
			93.88%	0.97%	5.15%		99.03%	0.97%
4	- Approval of ESOP	Ordinary	173,222,278	1,092,355	9,901,366	1,400,630	183,123,644	1,092,355	1,400,630	Carried
			94.03%	0.59%	5.37%		99.41%	0.59%
5	- Increase to Director Fee Pool	Ordinary	136,656,487	39,167,772	9,888,866	1,153,504	146,545,353	39,167,772	1,153,504	Carried
			73.58%	21.09%	5.32%		78.91%	21.09%

* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a Poll