Hara, I also agree, far less implications with a YES.
Rocket science qualification not required to understand why the current BLR share price has been IMO pushed - manipulated down.
To allow greater opportunity for the agreement with Azarga Resources Limited to be passed, with the least displeasure amongst some holders.
Resolution 1 seeks Shareholder approval for the allotment and issue of up to 327,995,000 Shares at an issue price of $0.007 per Share to raise up to $2,295,965 (Placement).
Board appointment: Following issuance of the Placement Shares, and so long as Azarga maintains voting power in at least 10% of the Company, Azarga will have the right to nominate one person to be appointed as a director of the Company. Azarga has not yet nominated its proposed appointee to the Company’s Board.
!!!!! Why in this internet tech age, there cannot be a Online mechanism to vote on these resolutions is so yesterday mentality.
Online Voting in regards to these important resolutions could therefore be fast tracked & in turn be less short term share sentiment & price destructive.
One would be pretty safe to ascertain that " Alexander Molyneux " shall be the Board appointment in question, from Azarga.
Cheers :)
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