Results of General Meeting

In accordance with Listing Rule 3.13.2 the directors of Prairie Downs Metals Limited advise that the resolutions put to shareholders were carried at the General Meeting of the Company held earlier today.

Results of General Meeting  

In accordance with Listing Rule 3.13.2 the directors of Prairie Downs Metals Limited advise that the resolutions put to shareholders were carried at the General Meeting of the Company held earlier today.

The resolutions carried were: -

1. "That the Company adopt as the constitution of the Company the document tabled at the General Meeting and signed by the Chairman for identification, in substitution for the existing constitution of the Company."

2. "That, for the purposes of Listing Rule 10.11 and Section 208 of the Corporations Act and for all other purposes, approval be and is hereby given to the allotment and issue of 4,000,000 Options exercisable at $0.10 each on or before the date which is 5 years after their date of issue, to Mr John Welborn, a Director, (or his nominee) on the terms and conditions set out in the Explanatory Memorandum."

3. "That for the purposes of Listing Rule 7.1, approval be and his hereby given for the and allotment and issue by the Company of 1,000,000 Options exercisable at $0.10 each on or before the date which is 5 years after their date of issue to the persons named in the Explanatory Memorandum on the terms and conditions set out in the Explanatory Memorandum."

Resolution three relating to the re-election of Mr Alan Gordon Coulthard, was withdrawn as announced to ASX on 21 November 2008.

A summary of proxy votes in relation to the resolutions passed is attached.

 

For further information contact:

Alec Pismiris
Director/Company Secretary
+61 08 9225 5755
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General Meeting - 30 June 2009
Disclosure of Proxy Votes

In accordance with section 251AA of the Corporations Law, the following information is provided to Australian Stock Exchange Limited in relation to resolutions passed by members of Prairie Downs Metals Limited at its General Meeting held on 30 June 2009.

 

	Resolution Number	Resolution Number	Resolution Number
	1.0	2.0	3.0
Decided by show of hands (S) or poll (P)	S	S	S
Total number of proxy votes exercisable by proxies validly appointed	5,959,070	5,959,070	5,959,070
Total number of proxy votes in respect of which the appointments specified that:- - the proxy is to vote for the resolution	5,847,719	5,265,896	5,332,514
- the proxy is to vote against the resolution	15,000	609,028	485,230
- the proxy is open on the resolution	77,801	77,801	77,801
- the proxy is to abstain on the resolution	18,550	6,345	63,525
- the proxy may vote at the proxy’s discretion	Nil	Nil	Nil