veeone this in up and coming General Meeting ITEM 5. AMENDMENT OF CONSTITUTION The Company's current constitution was adopted in 2010. Since then, the Company’s strategic focus has shifted such that assets and management are based in North America. As a result of, and in anticipation of a potential future North American stock exchange listing (in addition to the Company's existing ASX listing), the Company seeks to amend its constitution. The principal change is a requirement that directors seek re-election annually at the Company’s Annual General Meeting if the Company's shares are listed on the Toronto Stock Exchange. Presently, the Company’s constitution provides that a director must resign and seek re-election at the third annual general meeting after the director was elected or last re-elected. This generally has the effect that the re-election of incumbent directors is staggered over a number of annual general meetings (see rule 3.6 of the constitution). The proposed change will bring the Company’s Board election practices in line with North American practice.
MPO Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held
