Business
Results of EGM
Results of EGM.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n RNS Number : 8453W Hameldon Resources Limited 25 November 2010 \n \n\n \n \n \nHAMELDON RESOURCES LIMITED (AIM: HRE)\n \n \n25 November 2010\n \nRESULTS OF EXTRAORDINARY GENERAL MEETING\n \nAND \n \nDIRECTOR DEALINGS\n \nAND\n \nCONVERSION OF LOAN NOTES\n \n \n \nResults of Extraordinary General Meeting (\"EGM\")\nHameldon Resources (the \"Company\" or \"HRE\") is pleased to announce that all resolutions put to the shareholders of the Company at the EGM, held today, were duly passed.\nFurther to our announcement on 26th October 2010, the shareholders have approved the name change of the Company from Hameldon Resources Limited to Athol Gold Limited and an application has now been submitted to the Registrar of Companies in the Cayman Islands to effect the name change. A further announcement will be made once the name change becomes effective.\nDirector Dealings\nFurther to the announcement on 22 November 2010, a total of 7,516,000 new ordinary shares of 0.25p each (\"New Ordinary Shares\") were conditionally issued to Directors, in lieu of directors' fees payable monthly in arrears to them in accordance with the terms of their appointments. The Company also conditionally issued 7,701,008 New Ordinary Shares to settle accrued fees owing to previous directors of the Company. \nThe Board confirms that conditions precedent to the issuance of New Ordinary Shares have been satisfied. Application has been made for admission of the 15,217,008 New Ordinary Shares to trading on AIM. Admission is expected to occur on 3rd December 2010. On Admission, The New Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company.\nConversion of Loan Notes\nPursuant to the conversion of loan notes, application has been made for the admission to AIM of 80,000,000 new Ordinary Shares (\"Conversion Shares\"). Admission is expected to occur on 3rd December 2010. On admission, the Conversion Shares will rank pari passu with the existing Ordinary Shares in the Company\nTotal Voting Rights\n \nFollowing admission, the Company's enlarged issued share capital will comprise 260,098,202 Ordinary Shares with one voting right per share. The total number of voting rights in the Company is therefore 260,098,202.\nThis figure of 260,098,202 Ordinar...