MRC

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2.2¢ mineral commodities ltd

10.12 exemptions not applicable.

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FjordInvest

262 Posts.

144

13/10/22

18:59

Post #: 64187102
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Originally posted by FjordInvest: ↑

If anyone is interested in how 10.11.3 and now 10.11.3 are defined

Listing Rule 10.11
Listing Rule 10.11 provides:
Unless one of the exceptions in rule 10.12 applies, an entity must not issue or agree to issue equity securities to any of the following persons without the approval of the holders of its ordinary securities.

10.11.1A related party.

10.11.2 A person who is, or was it any time in the six months before the issue or agreement, a substantial (30%+) holder in the entity.

10.11.3 A person who is, or was it any time in the six months before the issue or agreement, a substantial (10% +) holder in the entity and who has nominated a director to the board of the entity...pursuant to a relevant agreement which gives them a right or expectation to do so.
Relevant agreement is exiting by way of the company constitution which forms an agreement as a point of law, as well as under the ASIC and ASX definitions.

10.11.4.An associate of a person referred to in rules 10.11.1 to 10.11.3.

10.11.5. A person whose relationship with the entity or a person referred to in rules 10.11.1 to 10.11.4 is such that, in ASX is opinion, the issue or agreement should be approved by security holders. The notice of meeting to obtain approval must comply with rule 10.13.

None of the expemptions in 10.12 apply

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10.12 exemptions not applicable.

MRC Price at posting: 7.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.001(4.76%)		Mkt cap ! $21.65M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.2¢	$1.938K	86.66K

Buyers (Bids)

No.	Vol.	Price($)
1	344373	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	183653	2

View Market Depth

No.	Vol.	Price($)
1	344373	0.022
1	114075	0.021
2	223122	0.020
1	267237	0.019
1	27777	0.018

Price($)	Vol.	No.
0.024	183653	2
0.025	88612	2
0.026	24904	1
0.030	311643	2
0.033	17069	1

Last trade - 15.17pm 28/06/2024 (20 minute delay)

MRC (ASX) Chart

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