Aspartus Resources plc
LSE : ASPP

August 02, 2011 09:34 ET

Result of AGM

ASPARTUS RESOURCES PLC
RESULT OF GENERAL MEETING

Aspartus  Resources  Plc (the "Company") announces that at its General Meeting held on 2  August  2011,  all
resolutions proposed were duly passed.

The resolutions passed were as follows:-

Resolution  1  - The ordinary shares of 0.001p each in the capital of the Company will be consolidated  into
new  ordinary  shares of 0.1p each so that holders of ordinary shares will then hold one ordinary  share  of
0.1p  each for every one hundred ordinary shares of 0.001p each as previously held.  There will not  be  any
fractional  entitlements to an ordinary share following the consolidation.  The purpose of the consolidation
is  to  reduce  the  total number of ordinary shares in issue without affecting the economic  value  of  the
ordinary shares or the rights of shareholders.  Each shareholder will have a smaller number of shares  of  a
higher  nominal  value representing the same proportion of the issued share capital as the  ordinary  shares
held  before  the  consolidation.  The rights of shareholders as regards to voting, distribution  and  other
rights  attaching to the ordinary shares when reissued against the entire issued share capital will  not  be
reduced.

Resolution  2  -  To authorise the Directors to allot unissued shares of the Company up to a  total  nominal
value  of GBP10,000,000, such authority to expire on whichever is the earlier of the conclusion of the  Annual
General  Meeting of the Company to be held in 2012 or the date falling fifteen months after the  passing  of
this resolution.

Resolution 3 - To disapply the statutory pre-emption rights under Section 561 of the Companies Act 2006  and
to  vary the Directors' authority to allot equity securities for cash other than on a pro rata basis.   This
authority will expire on the date falling fifteen months after the passing of this resolution or the date of
the Annual General Meeting to be held in 2012, whichever is the earlier.

2 August 2011

The Directors of the Issuer accept responsibility for this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Leo Knifton
Aspartus Resources PLC
Finsgate
5-7 Cranwood Street
London
EC1V 9EE

Tel: +44 (0) 20 7309 2200
Fax: +44 (0) 20 7566 0023

Nick Michaels
Alfred Henry Corporate Finance Limited
www.alfredhenry.com

Contact Information

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