Result of General Meeting - Replacement (0713B)

TIDMNGL

RNS Number : 0713B

Norseman Gold PLC

11 April 2012

The following amends the Results of General Meeting announcement released at 7.54 a.m. on 30 March 2012 under RNS number 4343A.

The existing authority under which the Company will continue to operate was approved at the Annual General Meeting on 9 December 2011 not 9 December 2012 as previously stated.

All other details remain unchanged and the full amended announcement appears below.

Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration

30 March 2012

ASX:NGX

AIM:NGL

NORSEMAN GOLD PLC

("Norseman Gold" or "the Company")

Results of General Meeting

Pursuant to Listing Rule 3.13.2, the Company advises that all the resolutions contained in the Notice of Meeting dated 5 March 2012 and considered at the General Meeting of Shareholders, with the exception of Resolution 12, were passed on a show of hands.

Resolution 12, as a Special resolution, required a 75 % majority, which on proxy votes cast, was not achieved and therefore the resolution failed. The Company will continue to operate under the existing authority approved at the Annual General Meeting on 9 December 2011.

Proxy Results

 
               Resolution               Result                  Validly Lodged Proxy Votes 
                                                       FOR        AGAINST     CHAIRMAN'S     WITHHELD 
                                                                               DISCRETION 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To ratify issue of              Passed 
       shares to unrelated             on show 
 1     parties                         of hands     72,931,689    550,898       66,050        5,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve the issue 
       of shares on conversion        Passed 
       of convertible loan             on show 
 2     notes                           of hands     72,985,942    501,645       66,050          0 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve issue of             Passed 
       warrants to Tulla Resources     on show 
 3     Group Pty Ltd                   of hands     72,980,942    501,645       66,050        5,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve issue of             Passed 
       shares and warrants             on show 
 4     to EXP T1 Ltd                   of hands     72,980,942    551,645       66,050        5,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve issue of 
       warrants to L2 Project         Passed 
       Management - Norseman           on show 
 5     Pty Ltd                         of hands     72,931,689    550,898       66,050        5,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve the issue 
       of warrants to Ascent          Passed 
       Capital Holdings Pty            on show 
 6     Ltd                             of hands     70,320,942    551,645       66,050      2,615,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve the issue            Passed 
       of warrants to David            on show 
 7     Steinepreis                     of hands     70,261,689    610,898       66,050      2,615,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve the issue 
       of shares to Ascent            Passed 
       Capital Holdings Pty            on show 
 8     Ltd                             of hands     70,261,689    610,898       66,050      2,615,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve the issue            Passed 
       of shares to David              on show 
 9     Steinepreis                     of hands     70,261,689    610,898       66,050      2,615,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To approve the issue            Passed 
       of warrants to Kelvin           on show 
 10    May                             of hands     72,759,189    613,398       66,050       115,000 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To empower the directors 
       to allot relevant securities 
       pursuant to Section            Passed 
       551 of the Companies            on show 
 11    Act 2006.                       of hands     72,786,689    550,898       216,050         0 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
      To empower the directors 
       to allot equity securities 
       pursuant to Section            Special 
       561(1) of the Companies         resolution 
 12    Act 2006.                       -failed      45,796,090   16,076,269     105,250     11,576,028 
     ------------------------------  ------------  -----------  -----------  ------------  ----------- 
 

* * ENDS * *

For further information visit www.norsemangoldplc.com, email [e-mail] or contact:

David Steinepreis Norseman Gold Plc. Tel: [phone]

William Vandyk / Rod Venables Northland Capital Partners Ltd Tel: [phone]

Guy Wilkes Ocean Equities Ltd Tel: [phone]

Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd Tel: [phone]

Notes

Norseman Gold plc is an AIM and ASX listed Australian gold production company, which operates the 2,360 sq km Norseman Gold Project, Australia's longest continually running gold operation. Located in the Eastern Goldfields of Western Australia in the highly prospective Norseman-Wiluna greenstone belt, the project currently has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.

This information is provided by RNS

The company news service from the London Stock Exchange

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