AVL 6.67% 1.6¢ australian vanadium limited

what is happening?, page-8

  1. 220 Posts.

    Assume it's regarding below:

    Yellow Rock Resources announced on 8 June 2012 that it had called up $800,000 against partly paid
    shares being $0.01 per share against 80 million Partly Paid Shares issued in accordance with the
    prospectus dated 9 November 2009.


    The remainder of the holders (47,500,000) of Partly Paid Shares have failed to pay or make
    arrangements to pay the call made against the Partly Paid Shares. Yellow Rock Resources has
    instructed the preparation of legal proceedings against the defaulting holders of the Partly Paid Shares
 
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