Dear ALL,
The shareholders Action group against the sale of the Crown deposit has been working hard in the background trying to stop this deal.
We have approached the company secretary and have been misled by him regarding the time required for us to have our resolutions added to the Notice of meeting for the EGM.
We have written to the Board of Directors and have not had a direct response from any of the independent directors only an aknowledgement of receipt of correspondence.
The papers for the EGM have now been posted out to shareholders and we can only hope that we can gather enough support for the NO VOTE to succeed.
We will ask the Board of Directors to delay the meeting to allow all resolutions to be considered at the one time but I am not hopeful that commonsense will prevail.
After this motion is defeated we will the petition for another EGM to be held as we have more than 100 shareholders who have indicated that they support our resolutions.
The company will then have to go to the trouble and expense of reconvening a meeting within a short space of time because they have been totally unwilling to listen to their retail shareholder base.
regards
jukieoz836
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