Ann: Notice of Annual General Meeting/Proxy Form, page-4

Response from the company:

Seeking approval for additional 10% issue capacity is pretty standard practice for companies that are eligible to seek this approval.In most cases, the companies do not have an intention to use the 10%, however, approval is sought to provide the company with the flexibility to use it if it becomes advantageous or necessary to do so.This is particularly advantageous when there are commercial reasons for a quick transaction, or where the delay in seeking shareholder approval may be detrimental to the success of a good transaction.

Based on this, I'm likely to vote against the increased placement capacity. I think the likelihood of seeking this capacity at a later date being detrimental to a a transaction is unlikely.