Oceanagold Agm voting results
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES.
MELBOURNE, Australia, June 15, 2012 /CNW/ - OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) ("the Company") wishes to advise on the outcome of the voting results from the Annual General and Special Meeting held today.
In accordance with ASX Listing Rule 3.13.2, we advise details of the resolutions and the proxies received in respect of each resolution.
| 1A) | Election of Director - Mr Jose P. Leviste Jr. | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 82,831,277 | 0 | 20,930,772 | 13,405 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 1B) | Election of Director - Mr Jacob Klein | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 85,320,511 | 0 | 18,421,078 | 23,405 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 1C) | Election of Director - Mr William H. Myckatyn | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 103,407,996 | 0 | 349,053 | 18,405 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 1D) | Election of Director - Dr Geoff W. Raby | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 103,127,041 | 0 | 640,009 | 8,405 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 2) | Appointment PricewaterhouseCoopers as the Auditors | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 121,510,613 | 0 | 3,103,668 | 18,405 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 3) | Previous issue of options under Amended 2007 Stock Option Plan | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 88,605,470 | 15,137,455 | 0 | 32,530 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 4) | Approval of the grant of 100,000 options | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 68,562,679 | 28,432,607 | 0 | 21,910 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 5) | Approval of the Performance Share Rights Plan | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 96,528,260 | 5,855,369 | 0 | 31,910 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
| 6) | Approve grant of Performance Rights | ||||
| The instructions given to validly appointed proxies in respect of the resolution were as follows: | |||||
| For | Against | Withheld | Proxy's discretion | ||
| 100,948,447 | 2,729,098 | 0 | 31,910 | ||
| The motion was carried as an ordinary resolution on a show of hands. | |||||
About OceanaGold
OceanaGold Corporation is a significant Asia Pacific gold producer with projects located on the South Island of New Zealand and in the Philippines. The Company's assets encompass New Zealand's largest gold mining operation at the Macraes goldfield in Otago which is made up of the Macraes Open Pit and the Frasers Underground mines. Additionally on the west coast of the South Island, the Company operates the Reefton Open Pit mine. OceanaGold produces approximately 230,000 - 250,000 ounces of gold per annum from the New Zealand operations. The Company also owns the Didipio Project in northern Luzon, Philippines which is in construction and expected to commission in Q4 2012. Currently, Didipio is expected to produce 100,000 ounces of gold and 14,000 tonnes of copper per year over an estimated 16 year mine life.
OceanaGold is listed on the Toronto, Australian and New Zealand stock exchanges under the symbol OGC.
Cautionary Statement
Statements in this release may be forward-looking statements or forward-looking information within the meaning of applicable securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements such as production forecasts are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. They include, among others, the accuracy of mineral reserve and resource estimates and related assumptions, inherent operating risks and those risk factors identified in the Company's most recent Annual Information Form prepared and filed with securities regulators which is available on SEDAR at www.sedar.com under the Company's name. There are no assurances the Company can fulfil such forward-looking statements and, subject to applicable securities laws, the Company undertakes no obligation to update such statements. Such forward-looking statements are only predictions based on current information available to management as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control. Accordingly, readers should not place undue reliance on forward-looking statements.
SOURCE OceanaGold Corporation
Ms Nova Young
Investor Relations Officer
or
Mr Darren Klinck
Head of Business Development
Tel: +61(3) 9656 5300
Email: info@oceanagold.com
