Resolution 3 - Grant of Options to Related party
To consider and, if thought fit, to pass the following resolution as an ordinary resolution
"That, for the purposes of ASX Listing Rule 10.11 and for all other purposes, approval is given for the Company to grant 8,250,000 Options to Holihox Pty Ltd (a related party being a company controlled by Director Mr Phillip Jackson) or its nominee, on the terms and conditions set out in the Explanatory Memorandum."
Voting Exclusion Statement: The Company will disregard any votes cast on this Resolution by Holihox Pty Ltd, Mr Phillip Jackson and any of their associates. However, the Company need not disregard a vote if it is cast by a person as proxy for a person who is entitled to vote, in accordance with the directions on the proxy form, or, it is cast by the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with a direction on the proxy forms to vote as the proxy decides.
Voting Prohibition Statement: A person appointed as a proxy must not vote, on the basis of that appointment on this Resolution if:
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Resolution 4 - Grant of Options to Related party
To consider and, if thought fit, to pass the following resolution as an ordinary resolution:
"That, for the purposes of ASX Listing Rule 10.11 and for all other purposes, approval is given for the Company to grant 8,250,000 Options to Mr David Kelly (a director of the Company) or his nominee, on the terms and conditions set out in the Explanatory Memorandum."
ASX Voting Exclusion: The Company will disregard any votes cast on this Resolution by Mr David Kelly (and his
nominee) and any of their associates. However, the Company need not disregard a vote if it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the Proxy Form, or, it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the Proxy Form to vote as the proxy decides.
Voting Prohibition Statement: A person appointed as a proxy must not vote, on the basis of that appointment, on this Resolution if the proxy is either:
(a)
a member of the Key Management Personnel; or
(b)
a Closely Related Party of such a member; and
the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
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the proxy is the Chair; and
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the appointment expressly authorises the Chair to exercise the proxy even though this Resolution is connected directly or indirectly with remuneration of a member of the Key Management Personnel of the company or if the company is part of a consolidated entity, for the entity.
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Resolution 5 - Grant of Options to Related party
To consider and, if thought fit, to pass the following resolution as an ordinary resolution:
"That, for the purposes of ASX Listing Rule 10.11 and for all other purposes, approval is given for the Company to grant 33,000,000 Options to Mr Paul Roberts (a director of the Company) or his nominee, on the terms and conditions set out in the Explanatory Memorandum."
ASX Voting Exclusion: The Company will disregard any votes cast on this Resolution by Mr Paul Roberts (and his
nominee) and any of their associates. However, the Company need not disregard a vote if it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form, or, it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the Proxy Form to vote as the proxy decides.
Voting Prohibition Statement: A person appointed as a proxy must not vote, on the basis of that appointment, on
this Resolution if the proxy is either:
(a)
a member of the Key Management Personnel; or
(b)
a Closely Related Party of such a member; and
the appointment does not specify the way the proxy is to vote on this Resolution.
However, the above prohibition does not apply if:
(c) the proxy is the Chair; and
(d) the appointment expressly authorises the Chair to exercise the proxy even though this Resolution is connected
directly or indirectly with remuneration of a member of the Key Management Personnel of the company or if the company is part of a consolidated entity, for the entity.
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Resolution 6 - Grant of Options to Consultants
To consider and, if thought fit, to pass the following resolution as an ordinary resolution:
"That, for the purposes of Listing Rule 7.1 of the Listing Rules of the ASX and for all other purposes, approval is given for the grant of 9,075,000 Options to certain consultants of the Company or their nominees, on the terms and conditions set out in the Explanatory Memorandum."
ASX Voting Exclusion: The Company will disregard any votes cast on this Resolution by any person who may participate in the proposed issue and a person who might obtain a benefit, except a benefit solely in the capacity of a holder of ordinary securities, if the Resolution is passed and any associates of those persons. However, the Company need not disregard a vote if it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form, or, it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the Proxy Form to vote as the proxy decides.
Voting Prohibition Statement: A person appointed as a proxy must not vote, on the basis of that appointment, on this Resolution if:
-
the proxy is either:
-
a member of the Key Management Personnel; or
-
a Closely Related Party of such a member; and
-
the appointment does not specify the way the proxy is to vote on this Resolution. However, the above prohibition does not apply if:
-
the proxy is the Chair; and
-
the appointment expressly authorises the Chair to exercise the proxy even though this Resolution is connected directly or indirectly with remuneration of a member of the Key Management Personnel of the company or if the company is part of a consolidated entity, for the entity.