Result of Meeting (6408W)

TIDMSLV

RNS Number : 6408W

Sylvania Resources Ltd

23 November 2010

Sylvania Resources Limited ('Sylvania' or the 'Company')

ASX, AIM: SLV

RESULTS OF GENERAL MEETING

The Directors of Sylvania advise the following ordinary resolutions placed before shareholders at the General Meeting on 23 November 2010 were approved as follows:

Resolution 1. as set out in the Notice of Meeting to ratify the issue of 25,000,000 under 2009 placement was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i. there were 97,107,019 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii. there were 120,058 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii. there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv. there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 2. as set out in the Notice of Meeting to ratify the issue of 7,711,888 shares in accordance with Share Exchange Agreement was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i. there were 97,107,019 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii. there were 120,058 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii. there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv. there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 3. as set out in the Notice of Meeting to approve the issue of up to 51,170,663 shares in accordance with Share Exchange Agreement was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i. there were 97,107,019 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii. there were 120,058 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii. there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv. there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 4. as per the Notice of Meeting, was withdrawn as Resolution 3 was passed by Shareholders.

For further information please contact:

In South Africa Terence McConnachie (CEO Sylvania Resources Limited) (+27 11) 673 1171

Louis Carroll (FD/Joint Company Secretary) Sylvania Resources Limited (+27 11) 673 1171

In Australia

Richard Rossiter (Chairman) Sylvania Resources Limited

(+614) 1868 8338

Grant Button (Director/Joint Company Secretary) Sylvania Resources Limited (+618) 9226 4777