Sydney, May 27, 2024 - Established gold producer Austral Gold Ltd. (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) (Austral or the Company) advises that shareholders of the Company passed all resolutions in the Notice of Meeting dated 28 April 2024 at the General Meeting held today at 8:00am (AEST) by way of poll.
About Austral Gold
Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.
For more information, please visit the Company's website at www.australgold.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Release approved by the Company Secretary of Austral Gold, Chelsea Sheridan. For additional information please contact:
Jose Bordogna
Chief Financial Officer
Austral Gold Ltd.
jose.bordogna@australgold.com
+61 466 892 307
Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward- looking statements. Forward-looking statements in this news release include Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.
All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets especially in light of the effects of the novel coronavirus, uncertainty in the measurement of mineral resources and reserves and other risks and hazards related to the exploration of a mineral property, and the availability of capital. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.
Austral Gold Ltd.
Annual General Meeting
Tuesday, 28 May 2024
Results of Meeting
The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.
| Resolution details | 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's
Discretion | Abstain | For | Against | Abstain* | Carried /
Not Carried |
| 1 Adoption of the Remuneration Report | Ordinary | 13,392,404
82.58% | 2,653,824
16.36% | 171,078
1.06% | 463,722,383 | 13,563,482
83.22% | 2,734,570
16.78% | 463,722,383 | Carried |
| 2 Re-election of Director - Mr Eduardo Elsztain | Ordinary | 479,207,123
99.85% | 591,755
0.12% | 111,078
0.03% | 29,733 | 479,918,201
99.86% | 672,501
0.14% | 29,733 | Carried |
| 3 Re-election of Director - Mr Saul Zang | Ordinary | 478,895,487
99.79% | 883,391
0.18% | 131,078
0.03% | 29,733 | 479,626,565
99.80% | 964,137
0.20% | 29,733 | Carried |
| 4 Re-election of Director - Mr Pablo Vergara Del Carril | Ordinary | 478,915,769
99.79% | 883,109
0.18% | 111,078
0.03% | 29,733 | 479,626,847
99.80% | 963,855
0.20% | 29,733 | Carried |
| 5 Re-election of Director - Mr Robert Trzebski | Ordinary | 479,213,898
99.85% | 584,980
0.12% | 111,078
0.03% | 29,733 | 479,924,976
99.86% | 665,726
0.14% | 29,733 | Carried |
| 6 Re-election of Director - Mr Ben Jarvis | Ordinary | 479,288,898
99.86% | 509,980
0.11% | 111,078
0.03% | 29,733 | 479,999,976
99.88% | 590,726
0.12% | 29,733 | Carried |
| 7 Approve 10% Capacity to Issue Equity Securities | Ordinary | 476,364,227
99.39% | 2,719,548
0.57% | 171,078
0.04% | 684,836 | 477,135,305
99.42% | 2,800,294
0.58% | 684,836 | Carried |
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210730
