VALOR RESOURCES LIMITED 29 November 2018
Australian Securities Exchange Limited 40 Central Park
152-158 St Georges Terrace PERTH WA 6000
Via e-lodgement
Dear Sir / Madam,
Results of Annual General Meeting held on 29 November 2018
We advise that the resolutions contained in the Notice of General Meeting of Valor Resources Limited ('the Company') were approved at the Annual General Meeting of Shareholders held on 29 November 2018 were passed and decided by way of a show of hands and a poll.
In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), we advise details of the resolutions and the proxies received in respect of each resolution are set out in the attached proxy summary.
Adoption of New Constitution
In accordance with ASX Listing Rule 15.4.2, a copy of Valor Resources Limited's new Constitution, as approved by members at today's Annual General Meeting, is attached.
Paula Smith
Company Secretary
VALOR RESOURCES LIMITED
22 Lindsay Street, Perth WA 6000 P.O. Box 8546, Perth WA 6849, Australia Ph +61 8 9200 3467, Fax +61 8 9227 6390
Valor Resources Limited
Annual General Meeting Thursday, 29 November 2018
Voting Results
Instructions given to validly appointed proxies (as at proxy close) | Number of votes cast on the poll (Where Applicable) | Resolution Result | ||||||||
Resolution | Resolution Type | For | Against | Proxy Discretion | Abstain / Excluded | For | Against | Abstain* | Carried/Not Carried | |
1 2 3 4 5 | Adoption of Remuneration Report Election of a Director - Dr Nicholas Lindsay Re-election of a Director - Mr Brian McMaster Approval of 10% Placement Capacity Adopt a New Constitution | Ordinary Ordinary Ordinary Special Special | 263,822,303 97.79% | 151,530 0.06% | 5,821,450 2.16% | 6,026,100 | 265,822,303 99.94% | 151,530 0.06% | 6,026,100 | Carried |
269,888,407 97.85% | 111,526 0.04% | 5,821,450 2.11% | - | Carried on Show of Hands | Carried | |||||
269,880,903 97.85% | 119,030 0.04% | 5,821,450 2.11% | - | Carried on Show of Hands | Carried | |||||
269,102,299 97.65% 269,109,799 97.84% | 647,634 0.24% 111,244 0.04% | 5,821,450 2.11% 5,821,450 2.12% | 250,000 778,890 | 271,102,299 99.76% 271,102,299 99.96% | 647,634 0.24% 111,244 0.04% | 250,000 778,890 | Carried Carried | |||
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll
CONTENTS
1. INTERPRETATION ............................................................................................................................ 1
1.1 Definitions ........................................................................................................................... 1
1.2 Interpretation .................................................................................................................... 3
1.3 Corporations Act Definitions .......................................................................................... 4
1.4 Status of Constitution ....................................................................................................... 4
1.5 General Authorisation ..................................................................................................... 4
1.6 Displacement of Replaceable Rules ............................................................................ 5
1.7 Enforceability ..................................................................................................................... 5
1.8 Jurisdiction ......................................................................................................................... 5
2. SHARE CAPITAL AND VARIATION OF RIGHTS ............................................................................. 5
2.1 Rights Attaching to Shares .............................................................................................. 5
2.2 Issue of Shares ................................................................................................................... 5
2.3 Share Options .................................................................................................................... 5
2.4 Variation of class rights .................................................................................................... 5
2.5 Effect of share issue on class rights ............................................................................... 6
2.6 Preference Shares ............................................................................................................ 6
2.7 Recognition of Trusts ........................................................................................................ 6
2.8 Unregistered Interests ....................................................................................................... 6
2.9 Share Certificates and Share Option Certificates ..................................................... 6
2.10 Section 1071H of the Corporations Act ........................................................................ 7
2.11 Commissions ...................................................................................................................... 7
2.12 Restricted Securities ......................................................................................................... 7
2.13 Non-Issue or Cancellation of Certificate ..................................................................... 8
2.14 No Prohibition on Foreign Ownership ........................................................................... 8
2.15 Payment of Interest out of Capital ............................................................................... 8
3. MINIMUM SHAREHOLDING .......................................................................................................... 8
3.1 Effect of this Clause .......................................................................................................... 8
3.2 Definitions ........................................................................................................................... 8
3.3 Minimum Shareholding .................................................................................................... 9
3.4 Sale of Listed Securities of Minority Member ............................................................... 9
3.5 Acceptance of Offer ....................................................................................................... 9
3.6 Appointment of Attorney ............................................................................................... 9
3.7 Transfer ................................................................................................................................ 9
3.8 Proceeds of Sale ............................................................................................................. 10
3.9 Receipt of Proceeds ...................................................................................................... 10
3.10 Registration of Purchaser .............................................................................................. 10
3.11 Remedies Limited ........................................................................................................... 10
3.12 Cost of Sale of Listed Securities .................................................................................... 10
3.13 Exemption from clause 3 ............................................................................................... 11
3.14 Notice to Exempt ............................................................................................................ 11
3.15 Takeover Offer or Announcement .............................................................................. 11
3.16 Use by Company of Clause 3 ...................................................................................... 11
3.17 Notice to New Minority Members ............................................................................... 11
4. UNCERTIFICATED HOLDINGS AND ELECTRONIC TRANSFERS ................................................... 12
4.1 Electronic or Computerised Holding .......................................................................... 12
4.2 Statement of Holdings ................................................................................................... 12
4.3 Share Certificates ........................................................................................................... 12
4.4 Listing Rules ...................................................................................................................... 12
5. LIEN .............................................................................................................................................. 12
i
5.1 Lien for Members Debts ................................................................................................ 12
5.2 Generally .......................................................................................................................... 12
5.3 Exemption ........................................................................................................................ 14
5.4 Dividends .......................................................................................................................... 14
5.5 Sale of Shares .................................................................................................................. 14
5.6 Restrictions on Sale ......................................................................................................... 14
5.7 Person Authorised to Sign Transfers ............................................................................. 14
5.8 Proceeds of Sale ............................................................................................................. 14
5.9 Protection of Lien under ASX Settlement Operating Rules .................................... 14
5.10 Further Powers re Forfeited Shares and Liens ............................................................ 14
6. CALLS ON SHARES ...................................................................................................................... 15
6.1 Calls ................................................................................................................................... 15
6.2 Payment of Calls ............................................................................................................. 15
6.3 Quoted Shares ................................................................................................................ 15
6.4 Unquoted Shares ............................................................................................................ 15
6.5 Joint Liability .................................................................................................................... 15
6.6 Deemed Calls ................................................................................................................. 16
6.7 Differentiation between Shareholders ....................................................................... 16
6.8 Payments in Advance of Calls ..................................................................................... 16
6.9 Outstanding Moneys ..................................................................................................... 16
6.10 Revocation/Postponement or Extension ................................................................... 16
6.11 Compliance with Listing Rules and Corporations Act ............................................. 16
6.12 Waive ................................................................................................................................ 17
7. FORFEITURE OF SHARES .............................................................................................................. 17
7.1 Failure to Pay Call ........................................................................................................... 17
7.2 Forfeiture .......................................................................................................................... 17
7.3 Sale of Forfeited Shares ................................................................................................. 17
7.4 Continuing Liability ......................................................................................................... 17
7.5 Officer's Statement Prima Facie Evidence ............................................................... 17
7.6 Procedures ....................................................................................................................... 18
7.7 Listing Rules and ASX Settlement Operating Rules .................................................. 18
7.8 Waive ................................................................................................................................ 18
8. TRANSFER OF SHARES ................................................................................................................. 18
8.1 Form of Transfer ............................................................................................................... 18
8.2 CHESS Transfers ................................................................................................................ 18
8.3 Participation in CHESS .................................................................................................... 19
8.4 Registration Procedure .................................................................................................. 19
8.5 Power to Refuse to Register .......................................................................................... 19
8.6 Closure of Register .......................................................................................................... 19
8.7 Retention of Transfers by Company ........................................................................... 20
8.8 Power to suspend registration of transfers ................................................................. 20
8.9 Powers of Attorney ......................................................................................................... 20
8.10 Other Securities ............................................................................................................... 20
8.11 Branch Register ............................................................................................................... 20
8.12 Compliance with ASX Settlement Operating Rules ................................................. 20
8.13 Issuer Sponsored Subregister ........................................................................................ 20
8.14 Transferor Holds Shares until Registration of Transfer ............................................... 20
8.15 Waive ................................................................................................................................ 21
9. TRANSMISSION OF SHARES ........................................................................................................ 21
9.1 Death of Shareholder Leaving a Will .......................................................................... 21
9.2 Death or Bankruptcy of Shareholder or the Shareholder becomes of unsound mind .................................................................................................................................. 21
ii
Attachments
- Original document
- Permalink
Disclaimer
Valor Resources Ltd. published this content on 29 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 November 2018 15:06:10 UTC
