NZX Announcement
24 May 2013
The directors wish to advise that all resolutions contained in the Notice of
Meeting dated 26 April 2013 were put to the company''s Annual General Meeting
on Thursday 23 May 2013 and were declared carried at the meeting on a show of
hands. All resolutions were carried unanimously.
The resolutions were,
1. The reappointment of auditors Moore, Stephens, Markhams
2. The re-election of Eoin Malcolm Miller Johnson as a director of the
company
3. The election of Maurice Duncan Priest as a director of the company
4. An increase in directors fees in aggregate from $50,000 to $60,000 per
annum, and
5. The granting of 9,600,000 2.5 cent options exercisable on or before 23 May
2015 to Chief Executive Officer Charles Daily.
It should be noted that none of the directors voted for the resolution
seeking a directors'' fee increase and Charles Daily did not vote for the
option grant resolution.
For further information please contact:
Mr. Malcolm Johnson, on (04) 479-3377
ENDS
End CA:00236637 For:SVY Type:MEETING Time:2013-05-27 08:30:31