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RESOURCE GENERATION LIMITED - EGM Update Hybrid Meeting and Change of Time and Location

Release Date: 02/04/2020 08:48
Code(s): RSG     PDF:  
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EGM Update – Hybrid Meeting and Change of Time and Location

     Resource Generation Limited
     Registration number ACN 059 950 337
     (Incorporated and registered in Australia)
     ISIN: AU000000RES1
     Share Code on the ASX: RES
     Share Code on the JSE: RSG
     (“Resgen” or the “Company”)


     2 April 2020



     EGM Update – Hybrid Meeting and Change of Time and Location

     Resource Generation Limited (ASX:RES) (Resgen or Company) provides the following
     update in relation to the Extraordinary General Meeting (EGM) of Shareholders
     scheduled for Tuesday 7 April 2020 (see Notice of Meeting released on 5 March 2020
     (Notice of Meeting) and EGM Update released on 26 March 2020). The EGM is being
     held for the purposes of seeking Shareholder approval for the Mine Funding Package
     detailed in the Notice of Meeting. This notice supplements the Notice of Meeting.

     In response to the travel and public gathering restrictions introduced by the Australian
     Federal Government, the Company has been obligated to make the following alternative
     arrangements for the meeting:

     1.         In light of a ban on public gatherings of more than two people, Resgen will not be
                able to permit Shareholders to physically attend the EGM;
     2.         Further, as a result of the restrictions placed on travellers from other countries
                having to self-isolate for 14 days after their arrival in Australia, it will not be possible
                for any of Resgen’s South African-based Directors to attend the EGM;
     3.         The venue for the meeting will be moved to Level 31, 1 Eagle Street, Waterfront
                Place, Brisbane, Queensland where the Company has arranged access to an
                audio/visual meeting room;
     4.         The EGM will be held as a hybrid meeting which will be webcast live through the
                Lumi AGM software platform. Shareholders will not be able to physically attend the
                EGM but will instead have the opportunity to attend, vote and ask questions online

Resource Generation Australia (ACN 059 950 337)
c/o Level 1, 17 Station Road, Indooroopilly, QLD, 4068
GPO Box 126, Albion QLD 4010. Phone +27 (011) 010 6310 Fax +27 (086) 539 3792
Directors: Lulamile Xate (Chairman), Robert Croll, Dr. Konji Sebati,
Colin Gilligan, Leapeetswe Molotsane, Manish Dahiya, Michael Gray                               www.resgen.com.au
Interim CEO: Leapeetswe Molotsane
Company secretary: Mike Meintjes
     by following the Online User Guide which can be found on the Company’s website
     at www.resgen.com.au/investors and media/announcements;
5.   To allow involvement by the South African based Directors and Management
     Team the timing of the start of the EGM has been postponed to 4pm Brisbane
     time (8am South African time) on the same day, Tuesday, 7 April 2020; and
6.   Johannesburg Stock Exchange (JSE) registered Shareholders who have not
     lodged a proxy through their custodian will still be able to participate and vote in
     the meeting as a shareholder if they obtain a letter of authorisation from their
     respective custodian. A copy of the letter of authorisation must be sent to
     proxy@computershare.co.za, upon which Shareholders will be provided with the
     required login details. If a letter of authorisation is not obtained, then a Shareholder
     can still join the meeting as a Guest by following the instructions included in the
     Online User Guide uploaded on the Company’s website.

Shareholders who wish to participate in the EGM online may do so:
1.   From their computer, by entering the URL into their browser:
     https://web.lumiagm.com When prompted, enter the Meeting ID 378-358-264
2.   From their mobile device by either entering the URL in their browser:
     https://web.lumiagm.com When prompted, enter the Meeting ID 378-358-264
3.   Using the Lumi AGM app, which is available by downloading the app from the
     Apple App Store or Google Play Store
Once you have chosen how you will participate in the EGM using one of the three
options listed above, you can then log into the meeting by entering:
1.   The meeting ID, which is 378-358-264
2.   Your username, which is your Boardroom S number (located under the barcode on
     the reverse of the proxy form for the EGM)
3.   Your password, which is the postcode registered to your holding if you are an
     Australian shareholder. Overseas shareholders will need to enter the country of
     their registered address as it appears on a recent statement
4.   If you have been nominated as a third party proxy, please contact Boardroom on
     1300 737 760
Attending the meeting online enables Shareholders to view the EGM live and to also ask
text-based questions and cast votes in the real time poll at the appropriate time. Please
note that if you join the meeting online as a Shareholder, any proxy vote previously
lodged will be withdrawn. Consequently, for your vote to count you will need to use the
voting button in the Lumi AGM software at the time the Chair calls a poll.
The Company has been encouraged by the level of proxy voting and reminds all
Shareholders who have not lodged their proxies to do so ahead of the deadlines listed
below, and particularly if they do not intend to attend, or are unable to participate in, the
EGM online:


                                                                                           PAGE 2
1. ASX registered Shareholders to lodge their proxies by 10am Sunday 5 April 2020
   using the EGM online voting function managed by our share registry, Boardroom.
   The link for submitting a proxy online is www.votingonline.com.au/resgengm2020.
   Should you not be able to locate your shareholder voting registration number
   detailed on the proxy form mailed or emailed to the registered shareholding address
   please contact Boardroom by phone: (within Australia) 1300 737 760 or (outside
   Australia) +61 2 9290 9600.

2. JSE registered Shareholders to complete their proxies and lodge these with
   Computershare by 10am (South African time) Friday 3 April 2020 using email:
   proxy@computershare.co.za or by post to Computershare Investor Services Pty
   Limited, Private Bag X9000, Saxonwold , 2132, South Africa.


Lulamile Xate
Chairman
For and on behalf of the Board



About Resgen:

Resource Generation Limited (Resgen) is an emerging ASX and JSE-listed energy company, currently
developing the Boikarabelo Coal Mine in South Africa’s Waterberg region. The Waterberg accounts for
around 40% of the country’s currently known coal resources. The Coal Resources and Coal Reserves for the
Boikarabelo Coal Mine, held through the operating subsidiary Ledjadja Coal, were recently updated based
upon a new mine plan and execution strategy. The Boikarabelo Coal Resources total 995Mt and the Coal
Reserves total 267Mt applying the JORC Code 2012 (ASX Announcement :23 January 2017- In accordance
with Listing Rule 5.23.2 the Company confirms that it is not aware of any new information that would impact
on the Reported Coal Resources and Coal Reserves). Stage 1 of the mine development targets saleable coal
production of 6 million tonnes per annum. Ledjadja Coal is a Black Economic Empowerment subsidiary (BEE)
operating under South Africa’s Broad-based Black Economic Empowerment Act, Section 9(5): Codes of Good
Practice

ResGen’s primary shareholders are the Public Investment Corporation of South Africa (PIC), Noble Group
and Altius Investment Holdings.

For further information please contact:

Mike Meintjes, Company Secretary on mmeintjes@resgen.com.au or +61 413 706 143

Media enquiries:

South Africa: Marion Brower/ Charmane Russell on +27 11 880 3924

JSE Sponsor:


                                                                                                      PAGE 3
Deloitte & Touche Sponsor Services (Pty) Limited




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Date: 02-04-2020 08:48:00
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