ASX has directed GBA in its letter of 14 December 2018 to take Corrective Action pursuant to ListingRule 10.9 at the earliest opportunity and has advised that if GBA has not either cancelled or reversedthe transfer of the 2,254,000 shares in MEC Resources or convened a meeting of its shareholders toapprove the transfer by the end of Monday 31 December 2018, ASX will remove GBA from the officiallist before the commencement of trading on Wednesday 2 January 2019.
The Company advised earlier today that to meet the ASX directive it would be calling a meeting ofmembers to approve the transfer. In retrospect the Company now wishes to advise it will reverse thetransfer of the 2,254,000 shares in MEC Resources no later than 31 December 2018.
Yours sincerely
David BreezeExecutive Director
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