CRUSADER RESOURCES LIMITED
ACN 106 641 963
NOTICE OF GENERAL MEETING
A General Meeting of the Company will be held at Level 1, 35 Havelock Street, West Perth, WA, 6005 on 25 November 2016 at 9:30am (WST).
This Notice of General Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their accountant, solicitor or other professional adviser prior to voting.
Should you wish to discuss any matter please do not hesitate to contact the Company by telephone on (08)9320 7500.
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CRUSADER RESOURCES LIMITED
ACN 106 641 963
NOTICE OF GENERAL MEETING
Notice is hereby given that a general meeting of Shareholders of Crusader Resources Limited (Company) will be held at Level 1, 35 Havelock Street, West Perth, WA, 6005 on 25 November 2016 at 9:30am (WST) (Meeting).
The Explanatory Memorandum to this Notice provides additional information on matters to be considered at the Meeting. The Explanatory Memorandum and the Proxy Form forms part of this Notice.
The Directors have determined pursuant to regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the Meeting are those who are registered as Shareholders on 23 November 2016 at 4pm (WST).
Terms and abbreviations used in this Notice and Explanatory Memorandum are defined in Section 9.
AGENDA
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Resolution 1 - Ratification of Tranche 1 Placement
To consider and, if thought fit, to pass with or without amendment, the following resolution as an ordinary resolution:
"That, for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders approve and ratify the prior issue by the Company of 34,210,317 Shares (Tranche 1 Placement Shares) each at an issue price of $0.13 (Tranche 1 Placement) on the terms and conditions set out in the Explanatory Memorandum."
Voting Exclusion
The Company will disregard any votes cast on this Resolution by a Tranche 1 Placement Participant and any of their associates.
However, the Company will not disregard a vote if:
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it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or
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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.
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Resolution 2 - Authority to issue Tranche 2 Placement Shares
To consider and, if thought fit, to pass with or without amendment, the following resolution as an ordinary resolution:
"That, for the purpose of Listing Rule 7.1 and for all other purposes, Shareholders approve and authorise the Directors to issue up to 31,174,302 Shares (Tranche 2 Placement Shares) each at
an issue price of $0.13 (Tranche 2 Placement) on the terms and conditions set out in the Explanatory Memorandum."
Voting Exclusion
The Company will disregard any votes cast on this Resolution by a person who may participate in the Tranche 2 Placement and a person who might obtain a benefit (except a benefit solely in their capacity as holder of ordinary securities) if the Resolution is passed and any associates of those persons.
However, the Company will not disregard a vote if:
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it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or
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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.
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Resolution 3 - Authority for Mr Stephen Copulos to participate in the Tranche 2 Placement
To consider and, if thought fit, to pass with or without amendment, the following resolution as an ordinary resolution:
"That, subject to Resolution 2 being passed, for the purpose of Listing Rule 10.11, and for all other purposes, Shareholders approve and authorise Mr Stephen Copulos (and/or his nominees) to participate in the Tranche 2 Placement to the extent of up to 5,769,231 of the Tranche 2 Placement Shares each at an issue price of $0.13 on the terms and conditions set out in the Explanatory Memorandum."
Voting Exclusion
The Company will disregard any votes cast on this Resolution by Mr Stephen Copulos and his nominees and any associates of those persons.
However, the Company will not disregard a vote if:
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it is cast by the person as proxy for a person who is entitled to vote, in accordance with directions on the Proxy Form; or
(a) it is cast by the Chairman 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.
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Resolution 4 - Authority for Mr Robert Smakman to participate in the Tranche 2 Placement
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To consider and, if thought fit, to pass with or without amendment, the following resolution as an ordinary resolution:
"That, subject to Resolution 2 being passed, for the purpose of Listing Rule 10.11, and for all other purposes, Shareholders approve and authorise Mr Robert Smakman (and/or his nominees) to participate in the Tranche 2 Placement to the extent of up to 384,615 of the Tranche 2