Results of Annual General Meeting

PERTH, AUSTRALIA, June 20, 2014 /CNW/ - Galaxy Resources Limited (ASX: GXY) is pleased to advise that all resolutions detailed in the Notice of Annual General Meeting were passed by the requisite majority on a show of hands at the Annual General Meeting of the Company held on 20 June 2014.

In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act, we advise below is a summary of the number of proxy votes cast in respect of each of the resolutions put to shareholders at the Annual General Meeting. Resolution 7 (Holding a Spill Meeting) was withdrawn.

Resolution number	For	Against	Open	Abstain
1 – Adoption of Remuneration Report	400,884,586	24,161,988	88,565,028	7,952,604
2 – Re-Election of K C Kwan as a Director	319,469,870	104,371,351	88,636,528	12,972,391
3 –  Re-Election of M R Rowley as a Director	408,157,637	11,856,138	88,636,528	16,799,837
4 –  Re-Election of C B F Whitfield as a Director	307,851,726	116,045,421	88,633,328	12,919,665
5 –  Re-Election of J N Zhang as a Director	322,758,107	100,930,079	88,764,372	12,997,582
6 – Appointment of Auditor	424,756,294	4,819,570	89,253,664	6,620,612
8 – Ratification of Previous Securities Issue	252,542,741	8,788,008	88,598,930	50,865,288
9 – Approval to Issue Options – Loan Facility	369,042,158	54,669,187	88,567,528	13,171,267

Yours faithfully
(signature)
A L Meloncelli
Interim CFO/Company Secretary

Caution Regarding Forward Looking Information.

This document contains forward looking statements concerning Galaxy. 

Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors.  Forward-looking statements are inherently subject to business, economic, competitive, political and social uncertainties and contingencies.  Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company. Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes.

Forward looking statements in this document are based on Galaxy's beliefs, opinions and estimates of Galaxy as of the dates the forward looking statements are made, and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments. 

Not For Release in US

This announcement has been prepared for publication in Australia and may not be released in the U.S. This announcement does not constitute an offer of securities for sale in any jurisdiction, including the United States, and any securities described in this announcement may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial statements.

SOURCE: Galaxy Resources Limited

Corporate: Andrew Meloncelli, Interim CFO and Company Secretary, Galaxy Resources Ltd, Tel (office): [phone], Email: [email protected]; Media Contact: Shane Murphy, FTI Consulting, Tel (office): [phone], Tel (mobile): + 61 (0) 420 945 291, Email: [email protected]