Ann: Rex Minerals Corporate Presentation, page-8

I think they'll get a vote on the integrated financing plan because it involves raising a lot more than 10% of listed shares.

As to the JV itself, in actual fact, it's not a sale of company shares but an interest in the Hillside project (excluding Hog). My (lame) answer would be it depends on the company articles of association, which may in itself talk of a change of control event. I'm not sure if the ASX rules would require it.

However, given the integrated financing plan would the JV in itself may not. As an aside, companies do any number of small JV's with explorers at management's behest and they don't require a vote. Which then gets this one back to size and Co. Articles rules/commentary on effective change of control.

All IMVHO.