Empire Resources Limited advised that on 25 May 2018 the company received a request from dissident shareholders ostensibly under the provisions of section 249D of the Corporations Act, to call a General Meeting of Empire shareholders. The purpose of the proposed general meeting is to put to resolutions seeking to replace the current Empire Board, comprising Messrs Lee Christensen, David Sargeant and Adrian Jessup. The request, was made by 12 shareholders who in total, control approximately 5% or 24 million shares (a 5% shareholding being the minimum requirement for lodging a 249D notice) of the total of 483 million issued ordinary shares in Empire. The resolutions seek to replace the entire Board and elect 3 new Directors being Mr. Stephen Allen, Mr. Christopher Banasik and Mr. Brett Fraser. The company has three weeks from 25 May 2018 (the date of receipt of the notice) to set a date for the General Meeting and is required to hold that meeting within two months of receipt of the notice. As part of this, Empire will prepare and circulate to shareholders a formal Notice of Meeting including the requisitioners' resolutions and typically their reasons, as well as recommendations from Board as to what voting action to take.