Consolidation and Increased Capital

Just for you shane.. as you had yet to hear it from AVQ:

'
Ryan Mount: The proposed consolidation is 15:1, reducing shares on issue from approximately 3.6 billion to approximately 240 million, which is subject to shareholder approval at our AGM next week.
A consolidation would streamline the company’s register by significantly reducing the amount of shares on issue.
We believe the consolidation is needed now. We are confident of achieving several milestones shortly and as such we need to have our share capital in order. The consolidation will broaden our appeal to institutional investors, whom we expect to become increasingly interested as we progress with our business plan this year.
We have also sought shareholder approval to increase our authorised share capital from 4 billion to 8 billion. Of course, if the consolidation is approved—this would equate to an increase from 267 million to 533 million shares.
This increase gives us the ability to raise working capital only if required, as we work towards advanced exploration goals and setting up our DSO operation by year’s end.'

--------------
Hope that clears up the wording in the resolutions.