Moly Mines Limited
TSX : MOL
ASX : MOL

Moly Mines Limited

November 27, 2009 11:00 ET

Moly Mines Annual General Meeting

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2009) –

Not for Distribution to US Newswire Services or Dissemination in the United States

Moly Mines Limited (TSX:MOL)(ASX:MOL) advises that each resolution considered at the Annual General Meeting of shareholders, held in Perth WA on November 27 (November 26 EST) was passed by the requisite majority on a show of hands.

A copy of the Annual General Meeting presentation and a replay of the webcast are available on the Company website at www.molymines.com

In accordance with ASX Listing Rule 3.13.2 and section 251AA(2) of the Corporations Act, the Company advises the following details of proxy votes:

Resolution & Description For Against Chairman's Discretion Abstain
1. Adoption of Remuneration Report 8,254,836 1,776,971 1,882,811 486,547
2. Election of David Craig 10,165,151 287,653 1,885,311 63,050
3. Re-election of David Constable 10,162,501 290,403 1,885,311 62,950
4. Ratification of issue of 14 million Warrants 9,042,842 707,883 1,888,819 31,630
5. Approval of options issue to Dr. Derek Fisher 7,738,074 1,955,529 774,311 104,410
6. Approval of options issue to Mr. David Constable 7,647,574 2,040,029 1,874,311 110,410
7. Approval of options issue to Mr. Mike Senft 7,656,574 2,039,029 1,874,311 102,410
8. Approval of options issue to Mr. David Nixon 7,655,974 2,039,629 1,874,311 102,410
9. Approval of options issue to Mr. David Craig 7,467,214 2,025,529 1,342,093 100,410
10. Approval of Employee Incentive Option Scheme 8,344,399 1,308,991 1,918,872 100,062

All motions were carried on a show of hands as an ordinary resolution.

Contact Information

  • Moly Mines Limited
    Natalie Frame
    Investor Relations Coordinator
    +1 416 777 1801
    or
    Moly Mines Limited
    Andrew Worland
    Company Secretary
    +61 8 9429 3300
    www.molymines.com