Coal of Africa Ltd CZA Result of AGM

  Coal of Africa Ltd (CZA) - Result of AGM

RNS Number : 3291S
Coal of Africa Limited
29 November 2012


                      Results of ANNUAL General Meeting



ANNOUNCEMENT
  29 NOVEMBER 2012



In  accordance  with  Listing  Rule   3.13.2  and  Section  251AA(2)  of   the 
Corporations  Act,  the  Company  announces  the  following  outcome  of   the 
resolutions put to  the Annual  General Meeting of  shareholders held  earlier 
today:



Resolution 1: Non-binding Resolution to adopt Remuneration Report

The resolution  was carried  unanimously on  a show  of hands,  and the  total 
number of proxy votes in respect of validly appointed proxies was as follows:



                 Number    % of Vote % of Issued Capital
For:           501,935,130     93.84               62.67
Against:        31,780,377      5.94                3.97
Abstain:         1,143,390      0.21                0.14
Discretionary:      32,470      0.01                0.00
TOTAL:         534,891,367       100               66.78





Resolution 2: Election of Director - Mr David Brown



The resolution  was carried  unanimously on  a show  of hands,  and the  total 
number of proxy votes in respect of validly appointed proxies was as follows:



                 Number    % of Vote % of Issued Capital
For:           533,599,064     99.76               66.62
Against:            28,443      0.01                0.00
Abstain:         1,181,390      0.22                0.15
Discretionary:      82,470      0.02                0.01
TOTAL:         534,891,367       100               66.78



Resolution 3: Election of Director - Mr Bernard Pryor

The resolution  was carried  unanimously on  a show  of hands,  and the  total 
number of proxy votes in respect of validly appointed proxies was as follows:



                    Number % of Vote % of Issued Capital
For:           533,566,708     99.75               66.62
Against:            60,799      0.01                0.01
Abstain:         1,181,390      0.22                0.15
Discretionary:      82,470      0.02                0.01
TOTAL:         534,891,367       100               66.78





Resolution 4: Re-election of Director - Mr Wayne Koonin

This resolution was withdrawn and was not put to the meeting.





Resolution 5: Re-election of Director - Mr Peter Cordin



The resolution  was carried  unanimously on  a show  of hands,  and the  total 
number of proxy votes in respect of validly appointed proxies was as follows:



                 Number    % of Vote % of Issued Capital
For:           506,373,878     94.67               63.22
Against:         2,826,035      0.53                0.35
Abstain:        25,608,984      4.79                3.20
Discretionary:      82,470      0.02                0.01
TOTAL:         534,891,367       100               66.78



Resolution 6 - Issue of Options to Director - Mr David Brown

The resolution  was carried  unanimously on  a show  of hands,  and the  total 
number of proxy votes in respect of validly appointed proxies was as follows:



                 Number    % of Vote % of Issued Capital
For:           503,822,654     94.19               62.90
Against:        29,798,564      5.57                3.72
Abstain:         1,237,679      0.23                0.15
Discretionary:      32,470      0.01                0.00
TOTAL:         534,891,367       100               66.78





Resolution 7 - Issue of Options to Director - Mr Bernard Pryor

The resolution  was carried  unanimously on  a show  of hands,  and the  total 
number of proxy votes in respect of validly appointed proxies was as follows:



                 Number    % of Vote % of Issued Capital
For:           503,822,654     94.19               62.90
Against:        29,826,564      5.58                3.72
Abstain:         1,209,679      0.23                0.15
Discretionary:      32,470      0.01                0.00
TOTAL:         534,891,367       100               66.78











For more information contact

John Wallington    Chief    Executive Coal of Africa                  +27   11 
                   Officer                                            575 4363
Shannon Coates     Company Secretary  Coal of Africa                  +61   89 
                                                                      322 6776
Sakhile Ndlovu     Investor Relations Coal of Africa                  +27   11 
                                                                      575 6858
Jos   Simson/Emily Financial       PR Tavistock                       +44   20 
Fenton             (United Kingdom)                                   7920
                                                                      3150
Chris     Sim/Neil Nominated Adviser  Investec                   Bank +44   20 
Elliot                                plc         7597
                                                                      5970
Robert Smith       JSE Sponsor        Investec Bank Limited           +27   11 
                                                                      286 7000
Charmane           Financial       PR Russell & Associates      +27   11 
Russell/Jane Kamau (South Africa)                                 880 3924
                                                                      or

                                                                      +27   82 
                                                                      372 5816





About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company
operating in  South Africa.  CoAL's  key projects  include the  Vele  Colliery 
(coking and thermal coal), the Greater Soutpansberg Project, including  CoAL's 
Makhado Project (coking  coal) and the  Mooiplaats and Woestalleen  Collieries 
(both thermal coal).

The Mooiplaats Colliery commenced production in 2008 and is currently  ramping 
up to  produce  1.6  Mtpa.  The Woestalleen  Colliery,  acquired  through  the 
acquisition  of  NuCoal  Mining  (Pty)  Limited  in  January  2010,  currently 
processes approximately  2.5Mtpa  of saleable  coal  for domestic  and  export 
markets. The Woestalleen Complex also incorporates three beneficiation  plants 
with a total processing capacity of 350,000 run-of-mine (ROM) feed tonnes  per 
month.

www.coalofafrica.com



                     This information is provided by RNS
           The company news service from the London Stock Exchange

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