Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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2.13 Inviting key stakeholders to attend a virtual meeting in an attempt to ascertain whether there
was common ground between them which may result in a restructuring proposal being put
forward. Whilst not all parties attended, we have since been advised that dialogue is continuing
independently, and good progress is being made.
Ive just received voting rights in my broker accounts for administration, without having to go through all the paper work how are you guys voting?
called broker yes i had the admin letter, nothing to get excited about just stating company in charge of admin. There is a vote on my account now thats needs to be entered by 24th April, looks as if its just to give the administrators free rain to execute admin.
There is no vote for shareholders
as of this morning 19/04/23............
Make your selections below, using the options on the right side of the page.
Shares available:
17,500
Optional: Express vote all proposals as:
Optional: Express vote all proposals as:
For All
Against All
Abstain All
THAT THE ADMINISTRATORS PROPOSALS FOR ACHIEVING THE PURPOSE OF THE ADMINISTRATION, AS SET OUT IN THE ADMINISTRATORS REPORT AND STATEMENT OF PROPOSALS, BE APPROVED (A response to this proposal is mandatory)
Board Recommendation:For
1
THAT THE ADMINISTRATORS PROPOSALS FOR ACHIEVING THE PURPOSE OF THE ADMINISTRATION, AS SET OUT IN THE ADMINISTRATORS REPORT AND STATEMENT OF PROPOSALS, BE APPROVED (A response to this proposal is mandatory)
Board Recommendation:
For
For
Against
Abstain
UNDER RULE 18.16 OF THE INSOLVENCY RULES AND IN THE ABSENCE OF A CREDITORS COMMITTEE, THE REMUNERATION OF THE ADMINISTRATORS BE FIXED AS TIME COSTS AS DETAILED IN THE ADMINISTRATORS REPORT AND PROPOSALS. THE ADMINISTRATORS BE AUTHORISED TO DRAW REMUNERATION ON ACCOUNT OF COSTS INCURRED AS AND WHEN FUNDS PERMIT (A response to this proposal is mandatory)
Board Recommendation:For
2
UNDER RULE 18.16 OF THE INSOLVENCY RULES AND IN THE ABSENCE OF A CREDITORS COMMITTEE, THE REMUNERATION OF THE ADMINISTRATORS BE FIXED AS TIME COSTS AS DETAILED IN THE ADMINISTRATORS REPORT AND PROPOSALS. THE ADMINISTRATORS BE AUTHORISED TO DRAW REMUNERATION ON ACCOUNT OF COSTS INCURRED AS AND WHEN FUNDS PERMIT (A response to this proposal is mandatory)
Board Recommendation:
For
For
Against
Abstain
THE ADMINISTRATORS WILL BE DISCHARGED FROM LIABILITY UNDER PARAGRAPH 98(2)(B) OF SCHEDULE B1 TO THE INSOLVENCY ACT 1986 IMMEDIATELY UPON THEIR APPOINTMENT AS ADMINISTRATORS CEASING TO HAVE EFFECT (A response to this proposal is mandatory)
Board Recommendation:For
3
THE ADMINISTRATORS WILL BE DISCHARGED FROM LIABILITY UNDER PARAGRAPH 98(2)(B) OF SCHEDULE B1 TO THE INSOLVENCY ACT 1986 IMMEDIATELY UPON THEIR APPOINTMENT AS ADMINISTRATORS CEASING TO HAVE EFFECT (A response to this proposal is mandatory)
Board Recommendation:
For
For
Against
Abstain
ISIN: GB00BRWR3752
Kever - check your broker account, it landed today
Those 17500 shares cost me £50k :((