Codrus Minerals Ltd (AU:CDR) has released an update.
Codrus Minerals Ltd has announced a General Meeting for shareholders on May 28, 2024, to vote on key resolutions, including the issuance of new shares for acquisition purposes and the ratification of shares previously issued. The resolutions are aimed at acquiring ElementX Global Pty Ltd and facilitating Tranche 1 and Tranche 2 placements to sophisticated and professional investors, with voting exclusions applied to prevent conflicts of interest. Shareholders registered by May 26 are eligible to vote, and the meeting’s outcomes could significantly impact their holdings.
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