The EXPLANATORY STATEMENT states the following.
(a) the total number of securities which may be issued under Resolution 3 is a maximum
of 100,000,000;
(b) the recipients are not known at this point however will be determined at the Board’s discretion and be
professional and/or sophisticated investors;
(c) no securities pursuant to Resolution 3 will be issued to Directors of the Company or their associates;
(d) the securities will be allotted and/or issued progressively no later than three (3) months after the date of
this meeting;
(e) the terms of the securities will be at the Board’s discretion but will be issued at not less than 80% of the
average market price for securities of that class on the last five (5) days on which sales in the securities
were recorded immediately prior to the date of issue;
(f) the securities will rank pari passu with all securities of that class; and
(g) the funds raised will augment the Company’s working capital and its present work programme
obligations.
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Mkt cap ! $3.507M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 87760 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 222138 | 2 |
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No. | Vol. | Price($) |
---|---|---|
2 | 87760 | 0.008 |
6 | 2311194 | 0.007 |
4 | 2629995 | 0.006 |
2 | 700000 | 0.005 |
3 | 5625000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 222138 | 2 |
0.010 | 1471168 | 4 |
0.011 | 550000 | 2 |
0.012 | 930000 | 2 |
0.013 | 800000 | 1 |
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