Constitution of
Soon Mining Limited ACN 603 637 083
Constitution of Soon Mining Limited
1 | ||
1.1 | Defined terms .................................................................................................................... 7 | |
1.2 | Interpretation .................................................................................................................... 8 | |
1.3 | Replaceable rules .............................................................................................................. 9 | |
2 | Shares | 9 |
2.1 | Rights ................................................................................................................................. 9 | |
2.2 | Issue of Shares ................................................................................................................... 9 | |
2.3 | Commission and brokerage ............................................................................................. 10 | |
2.4 | Trusts not recognised ...................................................................................................... 10 | |
2.5 | Joint holders .................................................................................................................... 10 | |
2.6 | Share certificates ............................................................................................................. 11 | |
2.7 | Class meetings ................................................................................................................. 11 | |
2.8 | Non-marketable parcels .................................................................................................. 11 | |
3 | Calls | 13 |
3.1 | General ............................................................................................................................ 13 | |
3.2 | Instalments and amounts which become payable ......................................................... 14 | |
3.3 | Interest and expenses ..................................................................................................... 14 | |
3.4 | Recovery of amounts due ............................................................................................... 14 | |
3.5 | Differentiation ................................................................................................................. 14 | |
3.6 | Payment of calls in advance ............................................................................................ 14 | |
4 | ||
5 |
Preliminary 7
Lien and forfeiture 15
4.1 Lien .................................................................................................................................. 15
4.2 Lien sale ........................................................................................................................... 16
4.3 Forfeiture notice ............................................................................................................. 16
4.4 Forfeiture ........................................................................................................................ 17
4.5 Liability of former Member ............................................................................................. 17
4.6 Disposal of Shares ........................................................................................................... 17
Transfer of Shares
18
5.1 General ............................................................................................................................ 18
5.2 Proportional takeover bid ............................................................................................... 19
5.3 Transfer procedure ......................................................................................................... 20
5.4 Right to refuse registration ............................................................................................. 20
6 Transmission of Shares
21
6.1 Title on death .................................................................................................................. 21
6.2 Entitlement to transmission ............................................................................................ 21
7 Changes to Share capital
22
7.1
Consolidation or division ................................................................................................. 22
8 Powers of attorney
22
8.1
Powers of attorney .......................................................................................................... 22
9 General meetings
23
9.1 Calling general meeting ................................................................................................... 23
9.2 Notice .............................................................................................................................. 23
9.3 Business ........................................................................................................................... 24
10 Proceedings at general meetings
24
10.1 Member ........................................................................................................................... 24
10.2 Quorum ........................................................................................................................... 25
10.3 Chairperson ..................................................................................................................... 25
10.4 General conduct .............................................................................................................. 26
10.5 Adjournment ................................................................................................................... 26
10.6 Decisions ......................................................................................................................... 26
10.7 Taking a poll .................................................................................................................... 27
10.8 Casting vote of chairperson ............................................................................................ 27
10.9 Admission to general meetings ....................................................................................... 27
10.10 Auditor's right to be heard .............................................................................................. 28
11 Votes of Members
28
11.1 Entitlement to vote ......................................................................................................... 28
11.2 Unpaid calls ..................................................................................................................... 29
11.3 Joint holders .................................................................................................................... 29
11.4 Objections ....................................................................................................................... 29
11.5 Votes by proxy ................................................................................................................. 29
11.6 Document appointing proxy ........................................................................................... 31
11.7 Proxy in blank .................................................................................................................. 31
11.8 Lodgement of proxy ........................................................................................................ 31
11.9 Validity ............................................................................................................................. 32
11.10 Representatives of bodies corporate .............................................................................. 32
12 Appointment and removal of Directors
33
12.1 Number of Directors ....................................................................................................... 33
12.2 Qualification .................................................................................................................... 33
12.3 Power to remove and appoint ........................................................................................ 33
12.4 Additional and casual Directors ...................................................................................... 34
12.5 Retirement by rotation ................................................................................................... 34
12.6 Nomination of Director ................................................................................................... 35
12.7 Vacation of office ............................................................................................................ 35
13 Remuneration of Directors
35
13.1 Remuneration of Non-Executive Directors ..................................................................... 35
13.2 Remuneration of Executive Directors ............................................................................. 36
13.3 Retirement benefits ........................................................................................................ 36
14 Powers and duties of Directors
37
14.1
Directors to manage Company ....................................................................................... 37
15 Proceedings of Directors
37
15.1 Directors' meetings ......................................................................................................... 37
15.2 Decisions ......................................................................................................................... 38
15.3 Directors' interests .......................................................................................................... 38
15.4 Alternate Directors .......................................................................................................... 39
15.5 Remaining Directors ........................................................................................................ 40
15.6 Chairperson ..................................................................................................................... 40
15.7 Delegation ....................................................................................................................... 40
15.8 Written resolutions ......................................................................................................... 40
15.9 Validity of acts of Directors ............................................................................................. 41
15.10 Minutes ........................................................................................................................... 41
16 Executive Directors
41
16.1 Appointment ................................................................................................................... 41
16.2 Powers of Executive Directors ........................................................................................ 42
17 Local management
42
17.1 General ............................................................................................................................ 42
17.2 Appointment of attorneys and agents ............................................................................ 42
18 Secretary
43
18.1
Secretary ......................................................................................................................... 43
19 Seals
43
19.1 Common Seal .................................................................................................................. 43
19.2 Duplicate Seal .................................................................................................................. 44
19.3 Share Seal ........................................................................................................................ 44
20 Inspection of records
44
20.1
Times for inspection ........................................................................................................ 44
21 Dividends and reserves
44
21.1 Dividends ......................................................................................................................... 44
21.2 Amend resolution to pay dividend .................................................................................. 45
21.3 No interest ....................................................................................................................... 45
21.4 Reserves .......................................................................................................................... 45
21.5 Dividend entitlement ...................................................................................................... 45
21.6 Restricted securities ........................................................................................................ 45
21.7 Deductions from dividends ............................................................................................. 46
21.8 Distribution of assets ...................................................................................................... 46
21.9 Payment .......................................................................................................................... 46
21.10 Election to reinvest dividend ........................................................................................... 46
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Soon Mining Ltd. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 04:03:06 UTC.