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Macarthur Minerals (TSXV:MMS) pleased to announce that all resolutions were passed at the Annual General Meeting of the Company held today in Brisbane, Australia.
Macarthur Minerals (TSXV:MMS) pleased to announce that all resolutions were passed at the Annual General Meeting of the Company held today in Brisbane, Australia.
Macarthur Minerals’ Chairman, Cameron McCall commented that, “Macarthur takes this opportunity to thank its shareholders for its high level of support. Almost 58% of the Company’s shareholders participated in the meeting, with 84 — 92% of those shareholders voting in support of all resolutions.”
Rare Earth Minerals plc (“Rare Earth Minerals”) hold 15,000,000 warrants and have now received shareholder approval for the future issue of shares on the exercise of those warrants. The exercise of their warrants, will provide an additional $750,000 to the Company and increase Rare Earth Minerals’ interest from 12.29% to 21.89% of Macarthur Minerals’ issued capital.
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