Results of Scheme Meeting
Adamus Resources Limited (ASX:ADU, TSX-V:ADU) (Adamus) announces that Adamus shareholders today voted in favour of the scheme of arrangement (Scheme) which, subject to the approval of the Federal Court of Australia (Court), will facilitate the implementation of the merger between Adamus and Endeavour Mining Corporation (Endeavour). The meeting results are consistent with the unanimous recommendation made by the Adamus directors and follow the approval by Endeavour shareholders of the merger resolution considered by them at a meeting of Endeavour shareholders which was held on 25 November 2011.
Results of Scheme Meeting
The resolution to approve the Scheme was passed at today’s Scheme Meeting by the following majorities:
- 99.87% of votes cast in favour of the resolution; and
- 91.75% of the number of shareholders present and voting (either in person or by proxy) in favour of the resolution.
These results exceed the majorities required for the purposes of the Corporations Act.
