DME Discov. Met

 
TIDMDME 
 
AIM Release 
 
22 November 2011 
 
                     Results of 2011 Annual General Meeting 
 
In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations 
Act 2011 (Cth), the following information is provided in relation to the 
resolutions passed by the shareholders of Discovery Metals Limited at its 2011 
Annual General Meeting held today, 22 November 2011. 
 
Resolutions 1 to 6 were duly carried on a show of hands. 
 
1. Adoption of remuneration report (non-binding resolution) 
 
 
 "That the Remuneration Report as disclosed in the Directors' Report for the 
year ended 30 June 2011 is approved for the purposes of the Corporations Act." 
 
The total number of proxy votes exercisable by all proxies validly appointed was 
249,849,498. 
 
Instructions in respect of the proxies were: 
 
+-------------+-----------+--------------------+-----------+ 
|     FOR     |  AGAINST  | PROXY'S DISCRETION |  ABSTAIN  | 
+-------------+-----------+--------------------+-----------+ 
| 242,280,718 | 6,546,937 |          1,021,843 | 9,479,637 | 
+-------------+-----------+--------------------+-----------+ 
 
The motion was carried as an ordinary resolution on a show of hands. 
 
2. Re-election of Director, Mr Ribson Gabonowe 
 
 "That in accordance with the Constitution of the Company, Mr Ribson Gabonowe 
who retires by rotation and being eligible, be re-elected as a Director of 
Discovery Metals Limited." 
 
The total number of proxy votes exercisable by all proxies validly appointed was 
256,599,336. 
 
Instructions in respect of the proxies were: 
 
+-------------+---------+--------------------+-----------+ 
|     FOR     | AGAINST | PROXY'S DISCRETION |  ABSTAIN  | 
+-------------+---------+--------------------+-----------+ 
| 255,227,685 | 262,308 |          1,109,343 | 2,729,799 | 
+-------------+---------+--------------------+-----------+ 
 
The motion was carried as an ordinary resolution on a show of hands. 
 
3. Re-election of Director, Mr Jeremy Read 
 
 "That in accordance with the Constitution of the Company, Mr Jeremy Read who 
retires by rotation and being eligible, be re-elected as a Director of Discovery 
Metals Limited." 
 
The total number of proxy votes exercisable by all proxies validly appointed was 
256,600,711. 
 
Instructions in respect of the proxies were: 
 
+-------------+------------+--------------------+-----------+ 
|     FOR     |  AGAINST   | PROXY'S DISCRETION |  ABSTAIN  | 
+-------------+------------+--------------------+-----------+ 
| 230,072,410 | 25,420,243 |          1,108,058 | 2,728,424 | 
+-------------+------------+--------------------+-----------+ 
 
The motion was carried as an ordinary resolution on a show of hands. 
 
4. Approval of Performance Rights Plan 
 
 "That for the purposes of Listing Rule 7.2, Exception 9 (b) and sections 200B 
and 200E of the Corporations Act and for all other purposes: 
 
 
(a) the terms and conditions of the Discovery Metals Limited Performance Rights 
Plan (Performance Rights Plan or Plan), a summary of which is set out in the 
Explanatory Memorandum; and 
 
(b) the giving of termination benefits under the Performance Rights Plan by the 
Company to a person or their associates in connection with that person ceasing 
to hold a managerial or 
executive office role in the Company or a related body corporate of the Company 
as set out in the Explanatory Memorandum, 
 
be approved." 
 
The total number of proxy votes exercisable by all proxies validly appointed was 
254,530,272. 
 
Instructions in respect of the proxies were: 
 
+-------------+------------+--------------------+-----------+ 
|     FOR     |  AGAINST   | PROXY'S DISCRETION |  ABSTAIN  | 
+-------------+------------+--------------------+-----------+ 
| 217,501,338 | 36,466,720 |            562,214 | 3,858,136 | 
+-------------+------------+--------------------+-----------+ 
 
The motion was carried as an ordinary resolution on a show of hands. 
 
5. Issue of Performance Rights to Managing Director, Mr Stuart Bradley Sampson 
 
 "That for the purposes of Listing Rule 10.14 and for all other purposes, 
approval is given for the issue to Mr Stuart Bradley Sampson of a maximum of 
500,000 performance rights under the Performance Rights Plan on the terms set 
out in the Explanatory Memorandum." 
 
The total number of proxy votes exercisable by all proxies validly appointed was 
254,503,247. 
 
Instructions in respect of the proxies were: 
 
+-------------+------------+--------------------+-----------+ 
|     FOR     |  AGAINST   | PROXY'S DISCRETION |  ABSTAIN  | 
+-------------+------------+--------------------+-----------+ 
| 217,361,498 | 36,569,535 |            572,214 | 3,894,736 | 
+-------------+------------+--------------------+-----------+ 
 
The motion was carried as an ordinary resolution on a show of hands. 
 
6. Approval of increase in non-executive Directors' fee pool 
 
"That for the purposes of Listing Rule 10.17 and the Company's constitution, the 
maximum aggregate remuneration payable out of the funds of the Company to non- 
executive Directors of the Company for their services as Directors be increased 
by $150,000 from $450,000 to $600,000 per annum to be allocated as determined by 
the Board." 
 
The total number of proxy votes exercisable by all proxies validly appointed was 
250,002,322. 
 
Instructions in respect of the proxies were: 
 
+-------------+-----------+--------------------+-----------+ 
|     FOR     |  AGAINST  | PROXY'S DISCRETION |  ABSTAIN  | 
+-------------+-----------+--------------------+-----------+ 
| 246,960,625 | 2,479,483 |            562,214 | 8,409,823 | 
+-------------+-----------+--------------------+-----------+ 
 
The motion was carried as an ordinary resolution on a show of hands. 
 
Yours faithfully 
 
 
Gregory Seeto 
Company Secretary 
Discovery Metals Limited 
 
For further information contact: 
 
Discovery Metals Limited 
Brad Sampson 
Managing Director 
Tel: +617 3218 0222 
 
Fairfax I.S. PLC 
Ewan Leggat / Laura Littley 
Tel: +44 (0)20 7598 5368 
 
Tavistock 
Jos Simson/Emily Fenton 
Tel: +44 (0) 207 9203150 
Mobile: +44 (0)7899 870 450 
 
Further information on the Company is available on its website: 
www.discoverymetals.com 
 
 
 
Discovery Metals Limited: Result of 2011 Annual General Meeting: 
http://hugin.info/137928/R/1565578/485922.pdf 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Discovery Metals Limited via Thomson Reuters ONE 
 
[HUG#1565578] 
 

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