Notice of SGM

 

TIDMLMY 
 
RNS Number : 0054U 
Lithic Metals and Energy Limited 
17 June 2009 
 

 
 
Lithic Metals & Energy Limited 
("Lithic" or the "Company") 
 
 
Notice of Special General Meeting 
 
 
The Board of Directors of the Company has been in discussions with 
representatives of a substantial group of shareholders representing significant 
interests in the Company regarding current market conditions, the position of 
the Company in the market place and their wish to introduce a new strategy for 
the Company. The shareholder group has indicated that as part of its intended 
strategy for the Company, it proposes to replace the current Board. 
 
 
Having considered a number of alternative courses of action, and having 
confirmed the intentions of the group of shareholders, and the proportion of the 
share capital represented by them including their voting intentions, the Board 
believes that the best interests of the Company and of all of its Shareholders 
are best served in the circumstances by convening a special general meeting of 
the Company to consider, and, if thought fit, to approve certain resolutions to 
be put to Shareholders as a whole. 
 
 
The directors of the Company have today dispatched a notice to shareholders to 
convene a Special General Meeting of Lithic at the offices of WH Ireland 
Limited, 24 Martin Lane, London EC4R 0DR on 1st July 2009 at 10 a.m. (London 
Time) for the purpose of considering and, if thought fit, passing the following 
resolutions all of which will be proposed as Ordinary Resolutions: 
 
 
1.  To replace the following persons as directors of the Company: 
a.  David Ian Rawlinson; 
b.  Julian Peter Ford; 
c. James Gavin Kerr; and 
d.  David John Lunt. 
 
 
2.  To appoint the following persons as directors of the Company: 
a.  David de Jongh Weill; 
b.  Ozge Erdem; and 
c.  George Greville Roach. 
(together the "Proposed Directors") 
 
 
In accordance with the AIM Rules for Companies, the following information is 
provided on the Proposed Directors: 
 
 
Mr David De Jongh Weill 
David De Jongh Weill, aged 51, is a partner and founder of Chiliogon Partners 
LLP. He is currently a director of: 
 
Caledon Overseas Holding Limited 
Caledon Resources Plc 
CAN Media Limited 
Chiliogon Limited 
Chiliogon Partners LLP 
Finelot Trading Company Limited 
Hecta Media Inc 
Niger Uranium Limited 
Kalahari Minerals Limited. 
 
 
In addition, in the last 5 years, he has previously been a director of Chiliogon 
Secretaries Limited; Chiliogon Special Situations Limited; Consulta Veritas 
Limited and Microcap Media and Public Relation Limited. 
 
 
Ms Ozge Erdem 
Ozge Erdem, aged 29, is a qualified lawyer. She is not currently a director of 
any other company and has not been a director or partner of any company or 
partnership in the last 5 years. 
 
 
Mr George Greville Roach 
George Greville Roach, aged 60, is currently a director of: 
 
 
African Olive Trading Pty Limited 
Skat Music Pty Limited 
Dymamic Intertrade Pty Limited 
Calaska Trading Pty Limited 
Vazex SA Pty Limited 
Idada Holdings Pty Limited 
Greystone Trading 200 CC 
G&B Central African Resources Limited 
G&B African Resources Limited 
Vazex Limited 
 
 
In addition, in the last 5 years, he has previously been a Director of Uramin 
Inc and Uramin CAR Limited. 
 
 
Mr Roach controls 15,351,281 shares in the Company, representing 12.15% of the 
total issued capital. 
 
 
Further announcements will be made in due course regarding the development of 
the strategy for the Company and the ongoing management arrangements. 
 
 
For further information please contact: 
 
 
+-----------------------------------------------+------------------------+ 
| Jim Kerr, Lithic Metals & Energy Limited      | Tel: [phone]   | 
|                                               |                        | 
+-----------------------------------------------+------------------------+ 
| Katy Mitchell, WH Ireland Limited             | Tel: [phone]    | 
|                                               | 2174                   | 
+-----------------------------------------------+------------------------+ 
| Laurence Reed / Beth Harris, Threadneedle     | Tel:[phone] | 
| Communications                                |                        | 
+-----------------------------------------------+------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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