Ann: General Meeting Letter to Shareholders, page-19

Its actually in this proposal if you bother to read the explanatory statement.

Most of this is to ratify previous capital raising for growth.

There is also a proposal to raise extra capital for growth and loan repayment.

"The funds raised will be used for:

•repayment of TopWei Two Pty Ltd loan -$5,000,000intended to be repaid within 3 months of the date of the Meeting.
•development of new products and large sales expansion of plant-based meat operation in China -$1,000,000 intended to be expended within 6 months of the date of the Meeting.
•support of commodity trading for beef, lamb and others-$2,000,000 intended to be expended within 6 months of the date of the Meeting.
•machinery for ANMA manufacturing facility -$500,000 intended to be expended within 6 months of the date of the Meeting.
•Investments in production of goods for sale-$500,000 intended to be expended within 3 months of the date of the Meeting.
•working capital (primarily for digital marketing promotion in Australia and other countries) -$400,000 intended to be expended within 6 months of the date of the Meeting"

I see the other owners of Green Forrest want to get in on this with $1mil. I think Brett wants a few more to. I note an increasing interest by Jatcorp in fresh beef and lamb as well as the digital marketing space.

I am already resigned to the fact that The SP will have to wait a bit longer after the last 4C so IMO this is Good news.

GLTAH DYOR