Orocobre Limited - Results of General Meeting
16.03.2015 | ABN Newswire
Brisbane, Australia (ABN Newswire) - Orocobre Ltd. (ASX:ORE) (TSE:ORL) ("Orocobre" or "the Company") wishes to announce that all resolutions were passed as ordinary resolutions on a show of hands. Details of proxy votes received in relation to the resolutions were as follows:Resolution For Against Open Abstain
1. Ratification of
Share Placement
25,940,192 71,381 160,124 228,880
2. Approval of issue of shares
to
71,528,472 333,082 172,875 109,983
3. Approval of issue of shares
to Mr Richard Seville
75,072,547 333,082 221,300 114,983
4. Proposed Share Placement
pursuant to underwriting of
Share Purchase Plan
71,649,174 236,031 163,349 7,978,225
To view the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-848360.pdf
About Orocobre Limited:
Orocobre Ltd. is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSX:ORL), and is building a substantial Argentinian-based industrial minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina.
The Company has built, in partnership with Toyota Tsusho Corporation and JEMSE, the first large-scale, greenfield brine based lithium project in 20 years at the Salar de Olaroz with planned production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate. The full monthly production rate is expected to be reached in the last quarter 2015.
Contact:
Orocobre Ltd.
E: mail@orocobre.com
www.orocobre.com.au