Bit worrying that Steve Shattil has tendered his resignation...

Bit worrying that Steve Shattil has tendered his resignation seeing as though during an early 2018 announcement they said he is driving the company with his experience and patent portfolios Wtf is going on..... Plus they are not relisting on the ASX until the end of February at the earliest! 

The Company is in the process of reconstituting the Board and will appoint two new Australian Directors shortly. Further, the Company will be looking to replace Mr. Steve Shattil and Dr. Kathleen Kiernan who have tendered their resignation, effective no later than February 25, 2019. Subsequently, the Company will not be holding an EGM for the Spill Resolution. The two new Australian Directors are to be appointed before Mr Shattil’s and Dr Kiernan’s resignations will have taken effect. All new Directors will be subject to re-election at the 2019 AGM.

D13 will continue to work on the above strategy and will update shareholders and the market in more detail following the Board restructure and completion of its half-yearly results.The update will include more detail with respect to the re-listing of the Company’s shares, which (subject to ASX approval) is anticipated to be able to be completed following the appointment of the two new Australian Directors, release of its half-yearly results and the EGM at which shareholder approval for the issuance of Tranche 2 Notes and the reduction of the conversion price of the existing Notes will be sought.