sources salis re d board restructure/results ...2013/12/02 · chairman dr neale fong, thanked all...
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Chrysalis Resources Limited Company Snapshot
Listed on ASX 27 May 2008
ASX Share Code CYS
Sector Mining
Company Structure Board and Management
Dr Neale Fong – Non- Executive Chairman
Ms Jing Wang - Executive Director
Mr Jian Hua Sang – Non-Executive Director
Mr Michael Griffiths – Non-Executive
Director/Company Secretary
Mr Leigh Ryan – Chief Executive Officer
CH
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SA
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BOARD RESTRUCTURE/RESULTS OF ANNUAL
GENERAL MEETING 2013
2nd December 2013
ABN 56 125 931 964
Level 1, 331 Hay Street
SUBIACO WA 6008
PO Box 226, Wembley WA 6913
Phone: 618 9380 4430
Fax: 618 9481 5044
www.chrysalisresources.com.au
No of Shares on Issue 220,474,881
Cash (as at 31st October) $2.62M
Chrysalis Resources Limited (ASX: CYS, the Company or Chrysalis) wishes to provide the following
update to the changes of the board of directors and executive staff at Chrysalis.
Appointment of Chief Executive Officer
The board of directors are pleased to announce the appointment of Mr Leigh Ryan to the position of
Chief Executive Officer effective immediately.
Mr Ryan is a highly qualified geologist with 26 years of experience in the exploration and resources
industry, specifically in project management and executive management throughout Australia and
Africa. He has been involved in the targeting, evaluation, discovery and resource definition of
numerous gold and base metal deposits and has successfully negotiated many purchase option and
joint venture agreements. Mr Ryan was previously the Managing Director of Boss Resources Limited,
and prior to that was employed by Resolute Mining Limited as the Group Exploration Manager for
Africa and Australia. He has worked extensively in Queensland, WA, Tanzania, Burkina Faso, Mali, and
Cote d’Ivoire.
Chrysalis’ Chairman Dr Neale Fong, commented, “The Company is delighted to have secured the
appointment of Mr Leigh Ryan to lead the Zambian Copper Project into the next phase of exploration
with his wealth of knowledge and technical and operational experience.”
Chairman
Dr Neale Fong has resigned as Executive Chairman and will continue with the Company in the position
of Non-Executive Chairman.
Resignation and Appointment of Executive Directors
Mr Grant Kidner has resigned as Executive Director of the Company effective 29th November 2013. Mr
Kidner has been with the Company since August 2008.
Mr Jian Hua Sang has resigned as Executive Director and Interim Chief Executive Officer and will
remain with the Company as a Non-Executive Director. Ms Jing Wang was appointed as Executive
Director after resigning as a Non-Executive Director.
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BOARD RESTRUCTURE/RESULTS OF ANNUAL GENERAL MEETING 2013
Resignation and Appointment of Non-Executive Directors
Mr Adrian Paul and Mr Trevor Benson have resigned as Non-Executive Directors of the Company
effective 29th November 2013.
Chairman Dr Neale Fong, thanked all resigning directors for their efforts adding that the resignations
were part of the Company’s board restructure process.
“Mr Kidner, Mr Paul and Mr Benson have all made tremendous contributions to the Board over a
number of years," Dr Neale Fong said.
"On behalf of the Board and Management, I thank them for their commitment and dedication and
wish them all the very best in their future endeavours."
Appendix 3Z Final Director’s Interest Notices for Mr Kidner, Mr Paul and Mr Benson is attached .
Resignation and Appointment of Company Secretary
The Board of Chrysalis advises that Mr Michael Griffiths has been appointed as Company Secretary
effective from 29th November 2013. Ms Melanie Cotterell has resigned as Company Secretary effective
from 29th November 2013.
Dr Fong commented, “Ms Cotterell has provided a substantial contribution to the Company since
December 2010 and the board would like to thank Ms Cotterell for her contribution to the company
and wish her all the best for the future.”
RESULTS OF ANNUAL GENERAL MEETING 2013
In accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001, the
following information is provided in respect of each resolution considered and voted upon at the 2013
Annual General Meeting of Shareholders of Chrysalis Resources Limited held at 3:00pm (Perth time) on
29th November 2013.
All resolutions were passed unanimously by a show of hands. The resolutions presented for
shareholder consideration and the proxies received in respect of each resolution are set out in the
table below.
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BOARD RESTRUCTURE/RESULTS OF ANNUAL GENERAL MEETING 2013
Resolution For Against Abstain Discretion
1 Adoption of Remuneration Report 101,664,411 204,603 1,995,000 14,149,720
2 Re-Election of Executive Director – Grant
Kidner Resolution Withdrawn
3 Re-Election of Non-Executive Director –
Adrian Paul Resolution Withdrawn
4 Re-Election of Non-Executive Director –
Michael Griffiths 115,914,631 1,964,103 135,000 0
5 Re-Election of Executive Director – Jian Hua
Sang 115,874,131 144,603 1,995,000 0
6 Director’s Remuneration
101,594,411 274,603 1,995,000 14,149,720
7 Amendment to Constitution
(Special Resolution) 115,909,131 104,103 1,995,000 5,400
8 Approval of the 10% Placement Facility
(Special Resolution) 115,479,131 259,603 1,995,000 280,000
9 Adoption of Employee Share Plan 101,659,811 214,603 1,995,000 14,144,230
Yours sincerely,
Dr Neale Fong
Executive Chairman
For further information please contact:
Mr Leigh Ryan Chief Executive Officer +61 427 093 043
Website: www.chrysalisresources.com.au
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Appendix 3Z Final Director’s Interest Notice
+ See chapter 19 for defined terms. 11/3/2002 Appendix 3Z Page 1
Rule 3.19A.3
Appendix 3Z
Final Director’s Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity CHRYSALIS RESOURCES LIMITED
ABN 56 125 931 964
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of director Mr Grant Kidner
Date of last notice 26th July 2013
Date that director ceased to be director 29th November 2013
Part 1 – Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
Number & class of securities
Direct Interests: 3,375,000 fully paid ordinary shares
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Appendix 3Z Final Director’s Interest Notice
+ See chapter 19 for defined terms. Appendix 3Z Page 2 11/3/2002
Part 2 – Director’s relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest
Mr Grant Kidner ATF RJK Trust Lizrow Pty Ltd ATF Kidner Trust Kew Gardens Pty Ltd Ultimo Catering & Events Pty Ltd Reospark Holdings Pty Ltd ATF JBC Superannuation Fund
Number & class of securities
900,000 fully paid ordinary shares 804,104 fully paid ordinary shares 27,000 fully paid ordinary shares 441,000 fully paid ordinary shares 900,000 fully paid ordinary shares
Part 3 – Director’s interests in contracts
Detail of contract None
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates
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Appendix 3Z Final Director’s Interest Notice
+ See chapter 19 for defined terms. 11/3/2002 Appendix 3Z Page 1
Rule 3.19A.3
Appendix 3Z
Final Director’s Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity CHRYSALIS RESOURCES LIMITED
ABN 56 125 931 964
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of director Mr Adrian Paul
Date of last notice 26 July 2013
Date that director ceased to be director 29th November 2013
Part 1 – Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
Number & class of securities 9,450,004 fully paid ordinary shares
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Appendix 3Z Final Director’s Interest Notice
+ See chapter 19 for defined terms. Appendix 3Z Page 2 11/3/2002
Part 2 – Director’s relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest
Cintra Pty Ltd ATF Cintra Trust The ZME Superannuation Fund Ruby Hall Pty Ltd
Number & class of securities
297,000 fully paid ordinary shares 2,194,816 fully paid ordinary shares 540,000 fully paid ordinary shares
Part 3 – Director’s interests in contracts
Detail of contract None
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates
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Appendix 3Z Final Director’s Interest Notice
+ See chapter 19 for defined terms. 11/3/2002 Appendix 3Z Page 1
Rule 3.19A.3
Appendix 3Z
Final Director’s Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity CHRYSALIS RESOURCES LIMITED
ABN 56 125 931 964
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of director Mr Trevor Benson
Date of last notice 24th September 2012
Date that director ceased to be director 29th November 2013
Part 1 – Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
Number & class of securities
Direct Interests: 4,140,000 fully paid ordinary shares
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Appendix 3Z Final Director’s Interest Notice
+ See chapter 19 for defined terms. Appendix 3Z Page 2 11/3/2002
Part 2 – Director’s relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest
Trevetal Investments Pty Ltd
Number & class of securities
2,610,000 fully paid ordinary shares
Part 3 – Director’s interests in contracts
Detail of contract None
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates
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