IVZ 4.23% 7.4¢ invictus energy ltd

Ann: Notice of General Meeting/Proxy Form, page-361

  1. 5,223 Posts.
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    Pretty sure that resolutions 1 and 2 are to ratify the Mutapa shares already issued in Tranche 1 that were above their placement capacity and required approval, along with Tranche 2. If you vote them down Mutapa don't get those shares and we don't get the extra $.

    Also, everyone should note the wording in the 1/8/24 announcement:
    "As announced to the ASX on 29 July 2024, the investment also firms up a pathway to finalise the Petroleum Production Sharing Agreement (“PPSA”"
    So once the GM is held and resolutions passed the PPSA can be finalised.
    Last edited by onthepunt: Yesterday, 10:58
 
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