12 June 2014
TANGIERS PETROLEUM LIMITED
GENERAL MEETING RESULTS
The following information is provided in relation to the resolutions passed by
the members of Tangiers Petroleum Limited (ASX: TPT, AIM: TPET, "Tangiers",
"Company") at its Annual General Meeting held on 12 June 2014.
Resolution 1: Adoption of Remuneration Report
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,601,874 205,273 3,854,095 25,000
Resolution 2: Election of Mr David Wall as a Director
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,739,032 80,103 3,849,095 18,012
Resolution 3: Election of Mr Michael Evans as a Director
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,734,032 85,103 3,849,095 18,012
Resolution 4: Election of Dr Stephen Staley as a Director
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,734,035 85,100 3,849,095 18,012
Resolution 5: Re-election of Mr Brent Villemarette as a Director
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,554,702 257,423 3,849,095 25,022
Resolution 6: Approval of Share Plan
The total number of proxy votes exercisable by proxies validly appointed was
34,588,897.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,021,043 783,120 3,751,750 32,984
Resolution 7: Issue of 4,500,000 Shares to Mr David Wall and grant of loan to
subscribe for 4,500,000 Shares
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
29,816,399 995,264 3,849,095 25,484
Resolution 8: Issue of 1,000,000 Shares to Mr Michael Evans and grant of loan
to subscribe for 1,000,000 Shares
The total number of proxy votes exercisable by proxies validly appointed was
34,588,897.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
29,804,220 1,007,443 3,751,750 25,484
Resolution 9: Issue of 1,000,000 Options to Mr Michael Evans
The total number of proxy votes exercisable by proxies validly appointed was
34,588,897.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
29,980,902 828,617 3,751,750 27,628
Resolution 10: Issue of 2,000,000 Options to Dr Stephen Staley
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
29,972,902 836,617 3,849,095 27,628
Resolution 11: Approval of Additional Placement Capacity
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,555,904 235,759 3,849,095 45,484
Resolution 12: Ratification of previous issue of Shares by the Company
The total number of proxy votes exercisable by proxies validly appointed was
33,936,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
29,849,304 200,205 3,849,095 37,638
Resolution 13: Placement of Shares to sophisticated investors and professional
investors
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
30,404,492 407,517 3,849,095 25,138
Resolution 14: Participation of Mr David Wall in placement of Shares
The total number of proxy votes exercisable by proxies validly appointed was
34,686,242.
The motion was carried on a show of hands.
A breakdown of the proxies is as follows:
FOR AGAINST OPEN ABSTAIN
29,669,719 772,657 4,206,238 37,628
Iva Stejskal
Joint Company Secretary
Tangiers Petroleum Limited
Level 2, 5 Ord Street
West Perth WA 6005, Australia
Ph: + 61 8 9485 0990
www.tangierspetroleum.com
Contacts
RFC Ambrian Limited
As Nominated Adviser
Mr Oliver Morse / Ms Trinity McIntyre
+61 8 9480 2500
As Corporate Broker
Mr Charlie Cryer
+44 20 3440 6800
Mr Ed Portman (Media and Investor Relations - United Kingdom)
Tavistock Communications
+44 20 7920 3150