MTC metalstech limited

Ann: MetalsTech Withdrawal of Certain Shareholder Resolutions, page-5

  1. 3,564 Posts.
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    Yep.

    The purpose of Resolution 12 was to allow shareholders to vote on the sale of the Bay Lake Cobalt Project to iCobalt Limited. The Company has recognised the strategic value of retaining 100% of the cobalt assets and as such has elected to withdraw Resolution 12, thereby defining a new corporate strategy. An expanded technical management team and a restructured board of directors will be implemented allowing MetalsTech to emerge as a focused cobalt and lithium exploration and development company.
 
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