Sharenet Sites 
Sharenet Sites
KEH - Keaton Energy Holdings Limited - Results of general meeting Keaton Energy Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2006/011090/06) Share code: KEH ISIN: ZAE000117420 ("Keaton Energy" or "the Company") Results of general meeting Keaton Energy shareholders are advised that, at the general meeting of the Company held at Ground Floor, Eland House, The Braes, 3 Eaton Road, Bryanston today, the ordinary resolutions relating to: * the authority to be granted by Keaton Energy shareholders to place 16 622 222 authorised but unissued shares in the share capital of the Company at the disposal and under the control of the directors, with specific authority to the directors to allot and issue such shares in order to give effect to and implement the acquisition by Keaton Energy of 64% of the ordinary issued shares in Leeuw Mining and Exploration (Proprietary) Limited; * the amendments to the Keaton Energy Holdings Long-Term Performance Incentive Scheme; and * a general authority authorising the directors of Keaton Energy to allot and issue a further 5% of the issued share capital of Keaton Energy for cash in terms of the JSE Limited Listings Requirements, were passed by the requisite majority of shareholders present or represented by proxy. Vanggatfontein Project Update Following the announcement released on SENS on 2 June 2011 regarding, inter alia, the incident in which the support structure for one of the Dense Medium Separation unit feed bins failed during pre-commissioning("the incident"), Keaton Energy shareholders are advised that a mitigation plan has been implemented which has allowed production to resume while the structure is being rehabilitated. The first Eskom coal stockpile has been prepared and coal deliveries are expected to begin as soon as all quality management procedures have been completed. As a result of the incident and after consultation with the Company`s auditors, the audited results for the year ended 31 March 2011 ("the results"), which were expected to be published on or about 9 June 2011, were delayed. The results are now expected to be published on SENS and on Keaton Energy`s website, www.keatonenergy.co.za on or about Wednesday, 22 June 2011. Bryanston 21 June 2011 Investment bank and sponsor Nedbank Capital Date: 21/06/2011 12:33:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
