Exhibit 99.1
RESULTS OF GENERAL MEETING
Paringa Resources Limited (“Paringa” or “Company”) (NASDAQ: PNRL, ASX: PNL) advises that a General Meeting of the Company was held today, June 13, 2019, at 10.00am.
The resolutions voted on were in accordance with the Notice of General Meeting previously advised to the Australian Securities Exchange.
In accordance with Section 251AA of the Corporations Act 2001, the following information is also provided:
Resolution | Result | Number of Proxy Votes | |||||
For | Against | Abstain | Proxy’s Discretion | ||||
1. Authorise Issue of Lender Options | Passed unanimously on a show of hands | 148,244,808 | - | - | - | ||
2. Authorise Issue of Advisor Shares | Passed unanimously on a show of hands | 148,188,044 | 56,764 | - | - | ||
3. Ratification of Issue of Lender Options | Passed unanimously on a show of hands | 148,244,808 | - | - | - |
For further information, contact:
Egan Antill | Dominic Allen |
Chief Executive Officer | Vice President, Finance |
eantill@paringaresources.com | dallen@paringaresources.com |
Site Office: | 373 Whobry Road | Rumsey | KY | 42371 | Email: | info@paringaresources.com | |
New York Office: | 28 West 44th Street, Suite 810 | New York | NY | 10036 | Website: | www.paringaresources.com | |
Registered Office: | Level 9, BGC Centre, 28 The Esplanade | Perth | WA | 6000 | ABN: | 44 155 922 010 |