Incorporated in the Republic of South Africa
(Registration number 1933/004523/06) Share code: GGM ISIN: ZAE000154753
("Goliath Gold" or "the Company")
Shareholders are advised that, at the annual general meeting of Goliath Gold held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
The number of shares voted in person or by proxy was 138 556 678, representing 94% of the total issued share capital of the same class of Goliath Gold shares.
The resolutions proposed at the annual general meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below:
Resolution | % of votes carried for the resolution | % of votes against the resolution | % of votes abstained |
Ordinary resolution number 1: Approval of financial statements | 100 | - | - |
Ordinary resolution number 2: Election of Piet Nel as a director | 100 | - | - |
Ordinary resolution number 3: Election of Keith Rayner to the Audit Committee | 100 | - | - |
Ordinary resolution number 4: Election of Jerry Vilakazi to the Audit Committee | 100 | - | - |
Ordinary resolution number 5: Election of Piet Nel to the Audit Committee | 100 | - | - |
Ordinary resolution number 6: Appointment of Independent Auditors | 100 | - | - |
Special resolution number 1: Non-executive Directors' remuneration | 100 | - | 21.92796 |
Ordinary resolution number 7: Approval of remuneration policy | 100 | - | 21.92796 |
Ordinary resolution number 8: Control of authorised but unissued ordinary shares | 100 | - | 21.92796 |
Ordinary resolution number 9: Approval to issue ordinary shares, and to sell treasury shares, for cash | 76.67963 | 23.32037 | - |
Special resolution number 2: General approval to acquire shares | 100 | - | - |
Special resolution number 3: Loans or other financial assistance to a related party | 100 | - | - |
Ordinary resolution number 10: Signature of documents | 100 | - | - |
Johannesburg
10 June 2015
Merchantec Capital
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