Advance Metals Limited (ASX: $AVM) has issued a notice to its members regarding the upcoming General Meeting scheduled for 22 December 2023. The purpose of the meeting is to seek approval for several resolutions, including the ratification of prior issue of tranche 1 placement shares, approval to issue placement securities under Listing Rule 7.1, approval to issue unlisted options in respect to tranche 1 placement, and approval for share consolidation.
The resolutions put forward by Advance Metals Limited seek to secure shareholder approval for various financial matters, including the ratification of prior issue of tranche 1 placement shares, approval to issue placement securities under Listing Rule 7.1, approval to issue unlisted options in respect to tranche 1 placement, and approval for share consolidation. These resolutions are crucial for the company's future financial activities and strategic planning.
The upcoming General Meeting of Advance Metals Limited will address key resolutions related to the ratification of prior issue of tranche 1 placement shares, approval to issue placement securities under Listing Rule 7.1, approval to issue unlisted options in respect to tranche 1 placement, and approval for share consolidation. The company aims to secure shareholder approval for these resolutions to facilitate its financial activities and strategic initiatives. Shareholders are encouraged to carefully consider and vote on these resolutions, as they hold significance for the company's future endeavors.