WMC 0.00% 20.5¢ wiluna mining corporation limited.

Suspension, page-25

  1. 2,917 Posts.
    I don't think anyone will be sacked from polo, the promoters have got it pretty much locked up...

    It's got nothing to do with res # 2
    Resolution 2 seeks Shareholder approval for the issue to Great Central of 12,000,000
    Convertible Notes having a face value of $3 million, being the balance of the Tranche 1
    Convertible Notes to be issued under the Convertible Note Deed.

    The Deed was established on 4 February 2013. ASX Waivers had lapsed and they get s/h approval again. It's got to do with the same note as outlined in ANNEXURE A.

    The perfectus dea, you are 100% correct.... ;-)

    look forward to this getting out of suspension though...



 
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