Annual General Meeting

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

The resolutions carried were: -

1. "That the Remuneration Report that forms part of the Directors’ Report for the financial period ended 30 June 2009, be adopted."

2. "That Mr Stuart John Hall, having retired in accordance with the Company’s Constitution and, being eligible, offers himself for re-election, be re-elected as a Director of the Company with immediate effect."

3. "That Mr Alec Christopher Pismiris, having retired in accordance with the Company’s Constitution and, being eligible, offers himself for re-election, be re-elected as a Director of the Company with immediate effect."

4. "That for the purposes of Listing Rule 7.4 and for all other purposes, approval be and is hereby given for the issue of 50,000 Plan Options on 29 July 2009, each exercisable at $0.10 to the person named in the Explanatory Memorandum on the terms set out in the Explanatory Memorandum."

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

Alec Pismiris
Company Secretary

 

For further information contact:
Alec Pismiris
Director/Company Secretary
+61 08 9225 5755
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Annual General Meeting - 30 November 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 Annual General Meeting held on 30 November 2009.

 

 

	Resolution Number	Resolution Number	Resolution Number	Resolution Number
	1.0	2.0	3.0	4.0
Decided by show of hands (S) or poll (P)	S	S	S	S
Total number of proxy votes exercisable by proxies validly appointed	3,167,644	3,167,644	3,167,644	3,167,644
Total number of proxy votes in respect of which the appointments specified that:- - the proxy is to vote for the resolution	2,932,515	3,034,515	3,034,515	2,830,835
- the proxy is to vote against the resolution	114,300	12,300	Nil	125,980
- the proxy is open on the resolution	120,829	120,829	120,829	120,829
- the proxy is to abstain on the resolution	Nil	Nil	12,300	90,000
- the proxy may vote at the proxy’s discretion	Nil	Nil	N/A	Nil

 

Note: Resolution numbers in this table refer to the numbering in this announcement to Australian Stock Exchange Limited and necessarily not the numbering in the notice of meeting.

 

Information in this release that relates to Exploration Results or Mineral Resources is based on information compiled by Mr Luke Kerr     who is a member of The Australasian Institute of Mining and Metallurgy. Mr Kerr has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Kerr consents to the inclusion in this report of the statements based on their information in the form and context in which it appears.