Forte Energy NL
LSE : FTE

October 31, 2013 04:06 ET

Result of EGM

                                                                                            Forte Energy NL
                                                                                                          
                                                                                       ASX and AIM Release
                                                                                           31 October 2013
                                                                                                            
FORTE ENERGY GENERAL MEETING
_________________________________________________________________________

Results of General Meeting held on 31 October 2013

The  Company advises that all resolutions put to the General Meeting of shareholders held today were passed
on  a show of hands. As required by section 251AA(2) of the Corporations Act, the following statistics  are
provided.   In respect of each motion on the agenda, the total number of votes exercisable by  all  validly
appointed proxies were:

                                                     For            Against        Abstain     Proxy Holder
                                                                                                Discretion
Resolution 1    Ratification of Tranche 1          189,454,602       3,046,100              0      1,110,000
(Ordinary)      Placement
Resolution 2    Approval of Tranche 2              189,454,602       3,046,100              0      1,110,000
(Ordinary)      Placement
Resolution 3    Approval for Mark Reilly to        169,896,059       6,011,310     16,593,333      1,110,000
(Ordinary)      participate in Tranche 2
Resolution 4    Approval to issue SPP Shares        89,171,102       3,329,600              0      1,110,000
(Ordinary)
Resolution 5    Ratification  of   issue   of      188,529,602       3,971,100              0      1,110,000
(Ordinary)      Shares under Convertible Loan
                Facility
Resolution 6    Ratification  of   issue   of      188,454,602       4,046,100              0      1,110,000
(Ordinary)      Shares under Equity Financing
                Facility





Murray Wylie
Company Secretary



For further information contact:

Mark Reilly, Managing Director
Forte Energy NL                                   Tel: +44 (0) 203 384 7474


Geoff Nash/Ben Thompson                           Tel: +44 (0)207 220 0500
Elizabeth Johnson (broking)
finnCap

Bobby Morse/ Cornelia Browne
Buchanan                                          Tel: +44 (0) 207 466 5000

Stuart Laing
RFC Ambrian Ltd                                   Tel: +61 (0) 8 9480 2506
(AIM Nominated Adviser to the Company)

Forte Energy NL

Australia                                         United Kingdom

Suite 3, Level 3                                  3C Princes House
1292 Hay Street                                   38 Jermyn Street
West Perth WA 6005                                London SW1Y6DN
Ph: +61 (0)8 9322 4071                            Ph: +44 (0)203 3847474
Fax: +61 (0)8 9322 4073                           Fax: +44 (0)207 2878387
Email: info@forteenergy.com.au                    Email: info@forteenergy.co.uk
Web: www.forteenergy.com.au

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  • Forte Energy NL