another egm - mighty river

SHAREHOLDER REQUEST FOR GENERAL MEETING
Mesa Minerals Limited (the Company) advises that it has received a request from a shareholder, Mighty River International Limited, who holds more than 5% of the Companys shares to call a general meeting of shareholders to consider resolutions to remove Norman Coldham-Fussell, Alan Scott, Warren Brown and Marcel Van De Velde from the Companys board and the appointment of Shane Hartwig, Guy Touzeau Le Page and Justin Brown as directors.
These are exactly the same resolutions as those considered and defeated at the Companys very recent extraordinary general meeting held on 26 March 2010 (EGM).
The Company is reviewing the request to ensure that it complies with the Corporations Act and the Companys constitution. If the request complies with the relevant requirements, the Company will convene another meeting of shareholders as required under the Corporations Act.
The Company wishes to clarify that the takeover offer by Mineral Resources Limited (MRL), announced on 22 March 2010, will proceed irrespective of whether or not another meeting is convened and the proposed resolutions approved. As advised in the 22 March announcement, a condition to MRLs takeover offer was that the resolutions considered at the EGM held on 26 March 2010 were defeated. This condition has now been satisfied and will not be triggered by any further attempts to replace the Companys board.
Further details regarding MRLs takeover offer will be provided to Mesa shareholders shortly.

Interesting...