4 corners report on srilanka , page-21

What is all the chatter about the EGM?? this is simply to reset the requirements of the ASX. Re issuing of shares.
Come on people after they issue over a percentage they must go to SH for approval, its so they can get more money.


BUSINESS
A. Chairman?s address on significant events since the previous general meeting
B. Proposed Resolutions:
1. Approval of share issues made to Dutchess Opportunity Fund, II, LP
2. Approval of share issue made and to be made in lieu of cash payment for work done
3. Approval of special placement share issue
4. Approval of share and option issue to Bergen Global Opportunity Fund II, LP
5. Approval of future share issue to Bergen Global Opportunity Fund II, LP.