Ummm very interesting...Page 30 especially on our latest CR.
" ASX Listing Rule 7.1 (in combination with ASX Listing Rule 7.1A) limits the Company from issuing
more than 15% of its issued capital without shareholder approval. Listing Rule 7.4 provides that
where a company subsequently approves an issue of securities, the issue will be treated as
having been made with approval for the purpose of Listing Rule 7.1, thereby replenishing the
Company’s 15% capacity, enabling it to issue further securities up to that limit.
175 If Resolution 14 is approved, the Company will have additional capacity to raise additional equity
funds over the next 12 months without reference to Shareholders. If Resolution 14 is not
approved, the Company’s capacity to raise additional equity funds over the next 12 months
without reference to Shareholders will be reduced.
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Ann: Notice of Annual General Meeting/Proxy Form, page-3
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