Notice of AGM

RNS Number:6697G
GVM Metals Ltd
31 October 2007

                               GVM METALS LIMITED



                        NOTICE OF ANNUAL GENERAL MEETING



GVM Metals Limited ("Company" or "GVM") announces that it has posted its 2007
Annual Report and Accounts to shareholders and that the Annual General Meeting
will be held at The Park Business Centre, 45 Ventnor Avenue, West Perth, Western
Australia on Wednesday, 28 November 2007 at 10.00 am, for the purpose of
transacting the following business referred to in the Notice of Annual General
Meeting ("Notice").



ORDINARY BUSINESS


Financial Reports


To receive and consider the annual Financial Statements of the Company for the
year ended 30 June 2007 including the Directors' Report and the Auditor's
Report.


Resolution 1 - Remuneration Report


To consider and, if thought fit, to pass the following as a non-binding
resolution:


"To adopt the Remuneration Report for the year ended 30 June 2007."


Resolution 2: Re-election of Director - Mrs Nonkqubela Mazwai


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, Mrs Nonkqubela Mazwai, having been appointed as an additional director of
the Company on 7 June 2007, who retires in accordance with clause 3.3 of the
Company's Constitution and, being eligible, offers herself for re-election, be
elected as a director of the Company."


Resolution 3: Re- election of Director - Mr Nchakha Moloi


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, Mr Nchakha Moloi, having been appointed as an additional director of the
Company on 7 June 2007, who retires in accordance with clause 3.3 of the
Company's Constitution and, being eligible, offers himself for re-election, be
elected as a director of the Company."


Resolution 4: Re- election of Director - Mr Stephen Bywater


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, Mr Stephen Bywater, having been appointed as an additional director of
the Company on 8 February 2007, who retires in accordance with clause 3.3 of the
Company's Constitution and, being eligible, offers himself for re-election, be
elected as a director of the Company."


Resolution 5: Re- election of Director - Mr Graham Taggart


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, Mr Graham Taggart, having been appointed as an additional director of the
Company on 8 February 2007, who retires in accordance with clause 3.3 of the
Company's Constitution and, being eligible, offers himself for re-election, be
elected as a director of the Company."


Resolution 6: Re-election of Director - Mr Peter Cordin


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, Mr Peter Cordin, being a director of the Company who retires by rotation
in accordance with the Company's Constitution and, being eligible, offers
himself for re-election, be re-elected as a director of the Company."


Resolution 7: Ratification of Issue of Shares and Options


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, for the purpose of Listing Rule 7.4 of the Listing Rules of the ASX and
all other purposes, the Company ratifies the allotment and issue of 3,274 Shares
on 21 May 2007, 250,000 Class A Options on 29 May 2007, 555,575 Class B Options
on 29 May 2007, 181,818 Shares on 5 June 2007, 11,250,000 Shares on 14 June 2007
and 181,818 Shares on 6 July 2007, to the parties and on the terms and
conditions set out in the Explanatory Statement that forms part of the Notice
sent to Shareholders."


Resolution 8: Issue of up to 13,333,333 Shares to be used in part satisfaction
of the completion of the CoAL Acquisition


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, for the purposes of Listing Rule 7.1 of the Listing Rules of the ASX and
all other purposes, the Company approves the allotment and issue of up to a
maximum of 13,333,333 Shares at a deemed issue price of 30 pence per Share to
the parties and on the terms and conditions set out in the Explanatory Statement
that forms part of the Notice sent to Shareholders."


Resolution 9: Change of Company Name


To consider, and if thought fit, to pass the following resolution as a special
resolution:


"That pursuant to section 157(3) of the Corporations Act, the name of the
Company be changed to "Coal of Africa Limited".


Resolution 10: Issue of up to 50,000,000 Shares to raise further working capital
should the Company require


To consider and, if thought fit, to pass with or without amendment, the
following resolution as an ordinary resolution:


"That, for the purpose of Listing Rule 7.1 of the Listing Rules of the ASX and
all other purposes, the Company approves the allotment and issue of up to
50,000,000 Shares at an issue price of not less than 80% of the average market
price of the Company's Shares on the ASX over the last 5 days on which sales of
the Shares are recorded before the date of issue (or if there is a prospectus or
admission document relating to the issue, over the last 5 days on which sales in
the Shares are recorded before the date of the prospectus or admission document)
as more particularly described in the Explanatory Statement of the Notice sent
to Shareholders."


Other business


To deal with any other business which may be brought forward in accordance with
the Constitution and the Corporations Act.


BY ORDER OF THE BOARD



Blair Sergeant

Company Secretary


Dated: 29 October 2007


For more information contact:

Simon Farrell, Managing Director           GVM                              +61 417 985 383     or   +61 8 9322 6776

Petronella Gorrie                          The Event Shop                   +27 82 827 8815

Leesa Peters / Jos Simson                  Conduit PR                       +44(0) 20 7429 6606

Olly Cairns / Romil Patel                  Blue Oar Securities Plc          +44(0) 20 7448 4400


The Notice and Report and Accounts are available at the Company's website, www.gvm.com.au






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