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GOLDEN RESOURCES DEVELOPMENT INTERNATIONAL LIMITED

金源米業國際有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 677) POLL RESULTS AT THE ANNUAL GENERAL MEETING HELD ON 26 AUGUST 2016

At the annual general meeting of Golden Resources Development International Limited (the "Company") held on 26 August 2016 (the "AGM"), all the proposed resolutions as set out in the notice of the annual general meeting dated 26 July 2016 and supplemental notice of annual general meeting dated 5 August 2016 were taken by poll.

As at the date of the AGM, the total number of the issued shares in the Company was 1,694,406,458 shares, which was the total number of shares in the Company entitling the holders to attend and vote for or against the resolutions at the AGM. There was no restriction on any shareholders casting votes on any of the resolutions at the AGM and no shareholder of the Company was required to abstain from voting on any of the resolutions at the AGM.

The Company's branch share registrar, Tricor Standard Limited, was appointed as the scrutineer at the AGM for the purpose of vote-taking. Set out below are the poll results in respect of the respective resolutions put to the vote at the AGM :

Resolutions

Number of Votes (%)

For

Against

1.

To receive and consider the financial statements and the reports of the directors and auditor for the year ended 31 March 2016.

1,030,953,714

(100.00%)

0

(0.00%)

2.

To declare a final dividend.

1,030,947,714

(100.00%)

0

(0.00%)

3.

(a) To re-elect Mr. Alvin Leslie LAM Kwing Wai as director.

Not Applicable

Not Applicable

(b) To re-elect Madam LAM Kit Woo as director.

1,030,791,714

(99.98%)

162,000

(0.02%)

(c) To re-elect director.

Mr.

TSANG

Siu

Hung

as

1,030,791,714

(99.98%)

162,000

(0.02%)

Resolutions

Number of Votes (%)

For

Against

3.

(d) To re-elect Mr. Joseph LAM Yuen To as director.

1,030,953,714

(100.00%)

0

(0.00%)

(e) To authorize the board of directors to fix the remuneration of directors.

1,030,947,714

(99.99%)

6,000

(0.01%)

(f) To re-elect Mr. Ronald YAN Mou Keung as director.

1,030,953,714

(100.00%)

0

(0.00%)

4.

To re-appoint the auditor and to authorize the board of directors to fix the remuneration of auditor.

1,030,947,714

(99.99%)

6,000

(0.01%)

5.

(a) Ordinary Resolution in item 5(A) of the notice of the annual general meeting

(To grant a general mandate to the directors to repurchase shares of the Company)

1,030,953,714

(100.00%)

0

(0.00%)

(b) Ordinary Resolution in item 5(B) of the notice of the annual general meeting

(To grant a general mandate to the directors to allot and issue new shares of the Company)

1,004,120,714

(97.40%)

26,833,000

(2.60%)

(c) Ordinary Resolution in item 5(C) of the notice of the annual general meeting

(To extend a general mandate granted to the directors to issue new shares of the Company)

1,004,120,714

(97.43%)

26,521,000

(2.57%)

On the basis of the votes set out above, all the above resolutions were duly passed as ordinary resolutions.

By Order of the Board

Golden Resources Development International Limited Laurent LAM Kwing Chee

Chairman

Hong Kong, 26 August 2016

As at the date of this announcement, the executive directors of the Company are Mr. Laurent LAM Kwing Chee (Chairman), Mr. Anthony LAM Sai Ho (Managing Director), Madam LAM Kit Woo, Madam LAM Sai Mann and Mr. TSANG Siu Hung. The independent non-executive directors of the Company are Mr. Joseph LAM Yuen To, Mr. Michael YU Tat Chi and Mr. Ronald YAN Mou Keung .

Golden Resources Development International Ltd. published this content on 26 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 August 2016 10:14:02 UTC.

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