The first motion is only the renew the 15% as the Shares were issued with SH consent at the AGM with no issue price indicated.
The second motion is for the issue of shares at 15 cents they could be stopped or amendment may be could be made by an owner for an increase in the price.
At the next AGM it needs to be made clear that the 15% can only be issued at a certain discount.
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-6
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