As required by the received s249D-notice, Global Metals Exploration (ASX:GXN) has announced the date for a general meeting on January 28, to vote on the appointment of Julian Ramirez to the board of directors and the removal of Lia Darby as (managing) director.
We encourage all shareholders to read the full letter written by Lia Darby, which answers some interesting questions raised by shareholders. The A$650,000 loan to ‘related parties’ was actually a payment for the acquisition of Messina Resources (which will be converted into an ‘acquisition cost’ this quarter) and also includes the ‘lost’ A$125,000 for the Tanzanian graphite project down payment.
We have asked Ms. Darby additional questions and will release a Q&A report in early January. We invite anyone who has questions to submit them on our [email_link email=”http://www.caesarsreport.com/contact/”]contact page[/email_link]and we will try to include them in the Q&A.
[download_link link=”http://gmetex.com.au/sites/default/files/asx/ASX%20announcement.pdf”]Shareholders letter[/download_link]
[download_link link=”http://gmetex.com.au/sites/default/files/asx/GXN_Investor_Presentation_1.pdf
“]New corporate presentation[/download_link]
Disclosure: Global Metals Exploration NL is a sponsoring company. Please see our disclaimer for current positions.
