24 Nov

Results of Meeting

ASX ANNOUNCEMENT 24 November 2021 Results of Annual General Meeting Scorpion Minerals Limited ( ASX : SCN ) (“ Scorpion ” , “SCN” or “the Company”) is pleased to advise that all resolutions set out in the Notice of Meeting and Explanatory Statement were considered by shareholders at the Annual General Meeting held today and were passed. Voting on each resolution was carried out by way of a poll. In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), details of the resolutions, valid proxies and voting outcomes are attached. This announcement has been authorised by the board of directors of the Company. Enquiries Bronwyn Barnes Non - Executive Chairman T +61 (0) 417 093 256 For Discretion Against Abstain Excluded Total For For % Against Against % Abstain 1. Adoption of Remuneration Report Non-binding Passed Poll No 25,808,153 7,550,000 25,000 17,868,250 - 51,251,403 47,683,115 99.95% 25,000 0.05% 17,868,250 2. Election of Ms Kate Stoney as a Director Ordinary Passed Poll N/A 44,026,403 7,200,000 25,000 - - 51,251,403 65,551,365 99.96% 25,000 0.04% - 3. Re-Election of Mr Craig Hall as a Director Ordinary Passed Poll N/A 44,026,403 7,200,000 25,000 - - 51,251,403 65,551,365 99.96% 25,000 0.04% - 4. Ratification of Placement Shares (August 2021) Ordinary Passed Poll N/A 36,488,903 1,900,000 25,000 - 12,837,500 51,251,403 38,388,903 99.93% 25,000 0.07% - 5. Ratification of Shares (Drill for Equity) Ordinary Passed Poll N/A 44,026,403 7,200,000 25,000 - - 51,251,403 65,551,365 99.96% 25,000 0.04% - 6. Approval to Issue Shares (Satisfaction of Debt) Ordinary Passed Poll N/A 44,026,403 7,200,000 25,000 - - 51,251,403 65,551,365 99.96% 25,000 0.04% - 7. Approval of 10% Placement Facility Special Passed Poll N/A 44,026,403 7,200,000 275,000 - - 51,501,403 65,551,365 99.96% 25,000 0.04% - 8. Approval to issue Options to Kate Stoney Appointment Letter Ordinary Passed Poll N/A 43,776,403 7,200,000 275,000 - - 51,251,403 65,301,365 99.58% 275,000 0.42% - 9. Approval to issue Options to Bronwyn Barnes (ESOP) Ordinary Passed Poll N/A 25,908,153 7,200,000 275,000 17,868,250 - 51,251,403 47,433,115 99.42% 275,000 0.58% 17,868,250 10. Approval to issue Options to Craig Hall (ESOP) Ordinary Passed Poll N/A 43,426,403 7,550,000 275,000 - - 51,251,403 65,301,365 99.58% 275,000 0.42% - 11. Approval to issue Options to Kate Stoney (ESOP) Ordinary Passed Poll N/A 43,426,403 7,550,000 275,000 - - 51,251,403 65,301,365 99.58% 275,000 0.42% - Resolution Result If section s250U applies By way of Resolution type Valid Proxies Received Results of Poll* * Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Scorpion Minerals Limited (ASX:SCN) when you join Listcorp.