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Resolution 6 –Issue of up to 40,494,519 New Shares
To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution:
"That, subject to each of resolutions three (3), four (4) and five (5) set out in this Notice being approved by the members of the
Company IT IS HEREBY RESOLVED That in accordance with the provisions of Listing Rule 7 of the Listing Rules of ASX Limited
(“Listing Rules”), the directors of the Company (“the Directors”) be authorised to place up to 40,494,519 ordinary shares in the capital
of the Company (‘Placement”) with such shares being placed:
(a) at an issue price of not less that $0.20 (20 cents) per share;
(b) with the Directors having the right, but not the obligation to include, as a term of the Placement , that a general priority as to
the whole or part of the Issue be reserved for the Members