M4M 0.00% 3.2¢ macro metals limited

Ann: Refresh Supplementary Prospectus, page-7

  1. 2,985 Posts.
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    The point is the company never informed shareholders that the SPP Options and Placement Options exceed the Company’s 15% limit. Therefore could not be offered to shareholders on the timeframe advertised in the original prospectus which was to be issued by June 7th 2022 I believe.

    Either the company holds a GM to seek approval for increasing the 15% limit and then shareholders vote on the placement or it waits until the AGM.

    Again this is a terrible oversight, and is an exemplary exemplar of what is happening with the management of this company, they do not know what they are doing. Great job fellas!

    I hope there aren't legal ramifications here.

    What a complete schmozzle!!!
    Last edited by Chiller: 07/07/22
 
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