Just looking back over the annc:09.09.2011 - EGM Notice, Res. 3...

Just looking back over the annc:

09.09.2011 - EGM Notice, Res. 3 Issue of 136m shares at 80% disc to 5day vwap, Res. 4 Issue of 20m options.

12.10.2011 - Both resolutions approved at EGM.

15.12.2011 - 20m shares issued at 3.0cps, the price at close of trading 09.12.2011. 10m options issued with a strike price of 6c, expiring 15.12.2012. [at this point, Torey had 116m shares and 40m options for placements]

23.01.2012 - AGM Notice, Res. 13 Issue of 136m shares at 80% disc to 5day vwap, Res. 14 Issue of 50m options.

23.02.2012 - Both resolutions approved at AGM.

12.03.2012 - 64.87m shares issued at 3.0cps, a 90% disc to 5day vwap, no options issued. [at this point, Torey still has 51.13m shares and 40m options for placements]

So, how is he able to announce the issue of up to 101m shares unless he gains shareholder approval for the issue of an additional 50m shares?