Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-28

Intended Treatment of Silver Lake’s
11.9% Shareholding in Red 5
 The shares held by Silver Lake in Red 5 will be either monetised or cancelled in accordance with section 259D of the Corporations Act following implementation of
the transaction

I understand if it is Monetised & probably distributed to SLR shareholders. But not sure what the other option means ie or cancelled in accordance with section 259D of the Corporations Act following implementation ofthe transaction