Results of Meeting
Released
Released
Announcement PDF
27 November 2024
Results of 2024 Annual General Meeting
In accordance with ASX Listing Rule 3.13.2 and section 251AA(2) of the Corporations Act 2001 (Cth),
Australian Rare Earths Limited (ASX: AR3) (‘AR3’ or the ‘Company’) advises details of the outcome
in respect of each resolution before the meeting and numbers of valid proxy votes as detailed in the
table below.
Resolutions 1 through 7 are ordinary resolutions. Resolution 8 is a special resolution.
All resolutions put to the meeting were passed on a poll.
The announcement has been authorised for release the by the Board of AR3 Limited.
For further information please contact:
AR3 Limited
Travis Beinke
Managing Director
T: 1 300 646 100
Media Enquiries
Jessica Fertig
Tau Media
E: jessica@taumedia.com.au
Engage and Contribute at the AR3 investor hub: https://investorhub.ar3.com.au/
About Australian Rare Earths Limited
Australian Rare Earths is committed to the timely exploration and development of its 100% owned, flagship Koppamurra
Project, located in the new Koppamurra rare earths Province in southeastern South Australia and western Victoria.
Koppamurra is a prospective ionic clay hosted rare earth deposit, rich in all the elements required in the manufacture of
rare earth permanent magnets which are essential components in electric vehicles, wind turbines and domestic
appliances. In addition, AR3 is actively reviewing other potential prospective areas which may also host uranium and
ionic clay hosted rare earth deposits throughout Australia.
The Company is focused on executing a growth strategy that aims to position AR3 as an independent and sustainable
source of energy transition metals, playing a pivotal role in the global transition to a green economy.
Australian Rare Earths Limited
Annual General Meeting
Wednesday, 27 November 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
Resolution
Resolution
Type
1 Remuneration Report
Ordinary
2 Re-Election of Pauline Carr as
Director
Ordinary
3 Approval to issue unlisted
Performance Rights to Chief
Technical Officer Rick Pobjoy
Ordinary
4 Approval to issue unlisted
Performance Rights to Managing
Director Travis Beinke
Ordinary
5 Approval to issue shares to
Managing Director Travis Beinke
Ordinary
6 Approval of Employee Option Plan
Ordinary
7 Approval of Performance Rights
Plan
Ordinary
8 Approval of 10% Additional
Placement Capacity
Special
Instructions given to validly appointed proxies
Number of votes cast on the poll
Resolution
(as at proxy close)
Proxy's
Against
Discretion
607,698
208,402
(where applicable)
For
34,059,022
97.67%
1.74%
0.59%
52,055,218
436,695
411,102
98.39%
0.83%
0.78%
25,035,297
13,099,321
218,402
65.28%
34.15%
0.57%
51,909,399
709,674
210,402
98.26%
1.34%
0.40%
51,867,246
789,674
213,595
98.11%
1.49%
0.40%
34,221,566
531,074
208,402
97.89%
1.52%
0.59%
34,097,966
645,750
212,326
97.55%
1.85%
0.60%
38,953,708
13,765,869
208,402
73.60%
26.01%
0.39%
Abstain
For
Against
Abstain*
193,460
38,443,589
607,698
193,460
Result
Carried /
Not Carried
Carried
98.44%
1.56%
56,642,485
436,695
94,000
Carried
99.23%
0.77%
29,418,864
13,110,321
97,540
Carried
69.17%
30.83%
56,284,966
720,674
167,540
Carried
98.74%
1.26%
56,246,006
800,674
126,500
Carried
98.60%
1.40%
38,606,133
531,074
107,540
Carried
98.64%
1.36%
38,486,457
645,750
112,540
Carried
98.35%
1.65%
43,327,275
13,776,869
69,036
Carried
75.87%
24.13%
94,000
97,540
167,540
126,500
107,540
112,540
69,036
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
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