these deals are already done deals and have already been...

these deals are already done deals and have already been “honoured” without shareholder approval.

”By ratifying this issue, the Company will retain the flexibility to issue Equity Securities in the future up to the 15% Placement Capacity without the requirement to obtain prior Shareholders’ approval.”

by voting yes you are essentially increasing the limit at which they can issue equity raises in future without shareholder approval or in other words removing the already issued equity mentioned from the equity raising limit from the BOD for future equity raises.