Ann: Notice of Annual General Meeting/Proxy Form, page-3

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Tubsfahkwah

4,801 Posts.

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26/04/18

19:55

Post #: 32704981
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Originally posted by Drumo ↑

Don’t like this one!

They need to show us some outstanding drill results and gold production to be any chance of getting this approved!

RESOLUTION 5 – APPROVAL OF 10% PLACEMENT CAPACITY – SHARES
To consider and, if thought fit, to pass, with or without amendment, the following resolution as a special resolution:
“That, for the purpose of Listing Rule 7.1A and for all other purposes, approval is given for the issue of Equity Securities totalling up to 10% of the issued capital on issue, calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and on the terms and conditions set out in the Explanatory Statement.”
Voting Exclusion: The Company will disregard any votes cast in favour of the Resolution by or on behalf of a person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the Company) or an associate of that person (or those persons). However, the Company will not disregard a vote if it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the Proxy Form, or, it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the Proxy Form to vote as the proxy decides.

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Wouldnt mind buying in at 10% discount to the current SP. Looks a little too circumspect ye.

Last edited by Tubsfahkwah: 26/04/18

OGX Price at posting: 8.3¢ Sentiment: Hold Disclosure: Not Held
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