LNY 0.00% 0.6¢ laneway resources ltd

News: LNY Laneway Resources Says Co To Undertake Capital Raising Of Up To $3 Million, page-35

  1. 1,991 Posts.
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    Hi gassed,

    The following can indeed be defined as “material”:

    * the entry into, variation or termination of a material agreement

    “Material” can be objective, however you will find guidance under the “Governance” link of LNY website -
    http://www.lanewayresources.com.au/irm/content/corporate-governance.aspx?RID=397&RedirectCount=1

    The above docs should/must comply with the following -
    https://www.asx.com.au/documents/rules/gn08_continuous_disclosure.pdf

    This doc sets out “officer’s” guidance and potential breaches to ASX listing rule 3.1

    Please note the broad definition of “company officer” (not solely limited to a Director).

    I find “Material” is slightly objective, however “Aware” is well defined.

    Note para 4.4 - “Aware”

    Knowingly/deliberately/wilfully delaying an event is indeed aware that that event will not happen within the report timeframe.

    Cheers,
 
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