I don't see an issue with resolution 4, it appears to be a strategic move to refresh the capacity of a CR, to allow GLN to move quickly if something was to arise (i.e. an acquisition), instead of having to go to an AGM which can take months. We have money in the bank, JP is not going to just raise for the sake of it, diluting shareholders and himself...
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Ann: AGM Letter to GLN Shareholders, page-133
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