Notice of General Meeting & Proxy Form
Released
Released
Announcement PDF
30 April 2025
Dear Shareholder
BUXTON RESOURCES LIMITED –
SHAREHOLDERS
UPCOMING GENERAL MEETING OF
Buxton Resources Limited (ASX: BUX) (the Company) will hold a General Meeting of
its shareholders (Shareholders) at 15 Robinson Avenue, Belmont, Western Australia
on 30 May 2025 at 12 noon (WST) (the Meeting).
The Notice of Meeting will not be mailed to Shareholders unless there is a relevant
hard copy election in place. Instead, it is available for you to view and download
from this website link https://investorhub.buxtonresources.com.au/announcements
The Company strongly encourages all Shareholders to vote by directed proxy if they
are not attending the meeting in person. To vote by proxy, please complete and sign
the proxy form enclosed with this Notice as soon as possible in accordance with the
instructions on the proxy form.
If the above arrangements with respect to the Meeting change, shareholders will be
updated via the ASX Market Announcements Platform and also via the Company’s
website at https://investorhub.buxtonresources.com.au/
The Notice and the accompanying Explanatory Memorandum should be read in its
entirety. If a shareholder is in doubt as to how to vote, that shareholder should seek
advice from an accountant, solicitor or other professional adviser prior to voting.
This announcement is authorised by the Board.
Yours sincerely,
Sam Wright
Company Secretary
Buxton Resources Limited
PO Bo x 661
Ne d la nd s WA 6009
15 Ro b inso n St
Be lm o nt WA 6104
T. 08-9380 6063
E. info @b uxto nre so urc e s.c o m .a u
w w w .b u x to n re s o u rce s .co m .a u
BUXTON RESOURCES LIMITED
ACN 125 049 550
NOTICE OF GENERAL MEETING
AND
EXPLANATORY STATEMENT
For the General Meeting of Shareholders
to be held on Friday, 30 May 2025 at 12 noon (WST)
at 15 Robinson Avenue, Belmont, Western Australia
Shareholders are urged to vote by lodging the Proxy Form.
TIME AND PLACE OF GENERAL MEETING AND HOW TO VOTE
Venue
The General Meeting of Buxton Resources Limited will be held at:
15 Robinson Avenue
Belmont, Western Australia, 6104
Commencing
at 12 noon (WST)
on 30 May 2025
How to Vote
You may vote by attending the Meeting in person, by proxy or authorised representative.
Voting in Person
To vote in person, attend the Meeting on the date and at the place set out above. The Meeting will
commence at 12 noon (WST).
Voting by Proxy
To vote by proxy, please complete and sign the Proxy Form as soon as possible and deliver the Proxy
Form in accordance with the instructions on the Proxy Form. You may also submit your Proxy Form online
in accordance with instructions on the Proxy Form.
Your Proxy Form must be received no later than 48 hours before the commencement of the Meeting.
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 2
BUXTON RESOURCES LIMITED
ACN 125 049 550
NOTICE OF GENERAL MEETING
Notice is hereby given that the General Meeting of the Shareholders of Buxton Resources Limited will
be held at 15 Robinson Avenue, Belmont, Western Australia on 30 May 2025 at 12 noon (WST) for the
purpose of transacting the following business.
The attached Explanatory Statement is provided to supply Shareholders with information to enable
Shareholders to make an informed decision regarding the Resolutions set out in this Notice. The
Explanatory Statement is to be read in conjunction with this Notice.
RESOLUTION 1 – RATIFICATION OF ISSUE OF PLACEMENT SHARES IN NOVEMBER 2024
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue of 8,985,089 Shares to sophisticated and professional investors as a placement
in November 2024 under Listing Rule 7.1 is approved and ratified under and for the purposes of
Listing Rule 7.4 and for all other purposes, on the terms set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of a person who participated in the issue or an associate of those persons. However, this
does not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 2 – RATIFICATION OF ISSUE OF SHARES TO ZANIL PTY LTD
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue of 653,526 Shares to Zanil Pty Ltd under Listing Rule 7.1 is approved and ratified
under and for the purposes of Listing Rule 7.4 and for all other purposes, on the terms set out in
the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of Zanil Pty Ltd, a person who participated in the issue or an associate of those persons.
However, this does not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 3
(b)
(c)
way; or
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 3 – RATIFICATION OF ISSUE OF SHARES TO TOPDRILL PTY LTD
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue of 1,366,667 Shares to Topdrill Pty Ltd under Listing Rule 7.1 is approved and
ratified under and for the purposes of Listing Rule 7.4 and for all other purposes, on the terms
set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of Topdrill Pty Ltd, a person who participated in the issue or an associate of those persons.
However, this does not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 4 – RATIFICATION OF ISSUE OF FIRST TRANCHE PLACEMENT SHARES TO
UNRELATED PARTIES UNDER LISTING RULE 7.1
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue of 22,398,525 Placement Shares to sophisticated and professional investors on
or about 14 April 2025 as part of a placement under Listing Rule 7.1 is approved and ratified
under and for the purposes of Listing Rule 7.4 and for all other purposes, on the terms set out
in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or
on behalf of a person who participated in the issue or an associate of those persons. However,
this does not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 4
(b)
(c)
way; or
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 5 - RATIFICATION OF ISSUE OF FIRST TRANCHE PLACEMENT SHARES TO
UNRELATED PARTIES UNDER LISTING RULE 7.1A
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue of 22,228,246 Placement Shares to sophisticated and professional investors on
or about 14 April 2025 as part of a placement under Listing Rule 7.1A is approved and ratified
under and for the purposes of Listing Rule 7.4 and for all other purposes, on the terms set out
in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or
on behalf of a person who participated in the issue or an associate of those persons. However,
this does not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 6 – APPROVAL TO ISSUE SECOND TRANCHE PLACEMENT SHARES TO
UNRELATED PARTIES
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue up to 64,773,229 Placement Shares to sophisticated and professional investors
the subject of Resolutions 4 and 5 or their nominees is approved under and for the purposes of
Listing Rule 7.1 and for all other purposes, on the terms set out in the Explanatory Statement."
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 5
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of the subscribers of the placement the subject of Resolutions 4 and 5 or their nominees or
a person who is expected to participate in, or who will obtain a material benefit as a result of, the
proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the
entity) or an associate of those persons. However, this does not apply to a vote cast in favour of
the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 7 - APPROVAL TO ISSUE PLACEMENT SHARES TO GERVAISE HEDDLE
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue up to 8,000,000 Placement Shares to Gervaise Heddle or his nominees is
approved under and for the purposes of Listing Rule 10.11 and for all other purposes, on the
terms set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or
on behalf of Gervaise Heddle and any other person who will obtain a material benefit as a result
of the issue of the securities (except a benefit solely by reason of being a holder of ordinary
securities in the entity) or an associate of those persons. However, this does not apply to a vote
cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 8 – APPROVAL TO ISSUE PLACEMENT SHARES TO STUART FOGARTY
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That, the issue up to 800,000 Placement Shares to Stuart Fogarty or his nominees is approved
under and for the purposes of Listing Rule 10.11 and for all other purposes, on the terms set
out in the Explanatory Statement."
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 6
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or
on behalf of Stuart Fogarty and any other person who will obtain a material benefit as a result of
the issue of the securities (except a benefit solely by reason of being a holder of ordinary
securities in the entity) or an associate of those persons. However, this does not apply to a vote
cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 9 – APPROVAL TO ISSUE PLACEMENT SHARES TO JARED JACOB
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That, the issue up to 800,000 Placement Shares to Jared Jacob or his nominees is approved
under and for the purposes of Listing Rule 10.11 and for all other purposes, on the terms set
out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or
on behalf of Jared Jacob and any other person who will obtain a material benefit as a result of the
issue of the securities (except a benefit solely by reason of being a holder of ordinary securities in
the entity) or an associate of those persons. However, this does not apply to a vote cast in favour
of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 10 – APPROVAL TO ISSUE PLACEMENT SHARES TO SAM WRIGHT
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 7
"That, the issue up to 1,000,000 Placement Shares to Sam Wright or his nominees is approved
under and for the purposes of Listing Rule 10.11 and for all other purposes, on the terms set
out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or
on behalf of Sam Wright and any other person who will obtain a material benefit as a result of the
issue of the securities (except a benefit solely by reason of being a holder of ordinary securities in
the entity) or an associate of those persons. However, this does not apply to a vote cast in favour
of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 11 – APPROVAL TO ISSUE LEAD MANAGER OPTIONS
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That the issue up to 10,000,000 Lead Manager Options to Argonaut Securities Pty Limited or
their nominees is approved under and for the purposes of Listing Rule 7.1 and for all other
purposes, on the terms set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of Argonaut Securities Pty Limited or their nominees or a person who is expected to
participate in, or who will obtain a material benefit as a result of, the proposed issue (except a
benefit solely by reason of being a holder of ordinary securities in the entity) or an associate of
those persons. However, this does not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
RESOLUTION 12 – APPROVAL TO ISSUE OPTIONS TO GERVAISE HEDDLE
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 8
"That the issue up to 10,000,000 Options to Gervaise Heddle or his nominees is approved
under and for the purposes of Chapter 2E of the Corporations Act and Listing Rule 10.14 and
for all other purposes, on the terms set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of a person referred to in Listing Rules 10.14.1, 10.14.2 or 10.14.3 who is eligible to
participate in the Employee Incentive Plan or an associate of those persons. However, this does
not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
Restriction on proxy voting by key management personnel or closely related parties:
A person appointed as proxy must not vote, on the basis of that appointment, on this Resolution
if:
(a)
the proxy is either:
(i)
a member of the key management personnel for the Company; or
(ii)
a closely related party of such a member; and
(b)
the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
(c)
the proxy is the chair of the Meeting; and
(d)
the appointment expressly authorises the chair of the Meeting to exercise the proxy even
if the Resolution is connected directly or indirectly with the remuneration of a member of
the key management personnel for the Company.
Where the chair is the related party the subject of the Resolution or is an associate of the related
party, the chair cannot cast undirected proxies in respect of the Resolution.
RESOLUTION 13 – APPROVAL TO ISSUE OPTIONS TO STUART FOGARTY
To consider and, if thought fit, to pass, the following resolution as an ordinary resolution:
"That, the issue up to 1,000,000 Options to Stuart Fogarty or his nominees is approved under
and for the purposes of Chapter 2E of the Corporations Act and Listing Rule 10.14 and for all
other purposes, on the terms set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of a person referred to in Listing Rules 10.14.1, 10.14.2 or 10.14.3 who is eligible to
participate in the Employee Incentive Plan or an associate of those persons. However, this does
not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
Buxton Resources Limited
Notice of General Meeting and Explanatory Statem ent
Page 9
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
Restriction on proxy voting by key management personnel or closely related parties:
A person appointed as proxy must not vote, on the basis of that appointment, on this Resolution
if:
(a)
the proxy is either:
(i)
a member of the key management personnel for the Company; or
(ii)
a closely related party of such a member; and
(b)
the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
(c)
the proxy is the chair of the Meeting; and
(d)
the appointment expressly authorises the chair of the Meeting to exercise the proxy even
if the Resolution is connected directly or indirectly with the remuneration of a member of
the key management personnel for the Company.
Where the chair is the related party the subject of the Resolution or is an associate of the related
party, the chair cannot cast undirected proxies in respect of the Resolution.
RESOLUTION 14 – APPROVAL TO ISSUE OPTIONS TO JARED JACOB
To consider and, if thought fit, to pass, with or without amendment, the following resolution as an
ordinary resolution:
"That, the issue up to 1,000,000 Options to Jared Jacob or his nominees is approved under
and for the purposes of Chapter 2E of the Corporations Act and Listing Rule 10.14 and for all
other purposes, on the terms set out in the Explanatory Statement."
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on
behalf of a person referred to in Listing Rules 10.14.1, 10.14.2 or 10.14.3 who is eligible to
participate in the Employee Incentive Plan or an associate of those persons. However, this does
not apply to a vote cast in favour of the Resolution by:
(a)
a person as proxy or attorney for a person who is entitled to vote on the Resolution, in
accordance with directions given to the proxy or attorney to vote on the Resolution in that
way; or
(b)
the chair of the Meeting as proxy or attorney for a person who is entitled to vote on the
Resolution, in accordance with a direction given to the chair to vote on the Resolution as
the chair decides; or
(c)
a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf
of a beneficiary provided the following conditions are met:
(i)
the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii)
the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
Restriction on proxy voting by key management personnel or closely related parties:
A person appointed as proxy must not vote, on the basis of that appointment, on this Resolution
if:
(a)
the proxy is either:
(i)
a member of the key management personnel for the Company; or
(ii)
a closely related party of such a member; and
(b)
the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
Buxton Resources Limited
Notice of General Meeting and Explanatory Stat
Share your feedback
Discover