Member Info for Safetrader1

Removing directors
A director may be removed from office in one of the following ways:

Removal by ordinary resolution
A director holds office at the wish of the shareholders.

He or she can be removed by passing an ordinary resolution at a meeting of the shareholders. The meeting need give no reason.

An ordinary resolution is one that is passed on a majority vote of the shareholders, that is those owners holding between them more than 50% of the ordinary voting rights.

A single majority shareholder automatically carries over 50% so he or she alone can remove a director without the support of other owners.

This right to remove cannot be taken from the shareholders by anything contained in the director's service contract or in the Articles of Association. However, if a removal is in breach of the director’s service contract, or the terms of a shareholders’ agreement, the removed director will have a right to damages if he chooses to go to court.

Although a reason for removal need not be given, it usually is. Common reasons are:

disqualification under the law
bankruptcy
mental disorder under the Mental Health Act 1983
breach of his service contract
his resignation from office or
absence from a board meeting for a consecutive period of six months
Any member wanting to propose a resolution to remove a director must give the company 'special notice', (a formal notice setting out his request) at the registered office of the company at least 28 days before a general meeting.

The directors may try to frustrate the members' intention by not calling a general meeting at all.

In this situation, a member who owns at least 10% of the voting shares in the company can request an extraordinary general meeting at which the proposal is put to the vote.

Whenever the company receives special notice of a resolution to remove a director, the board must ensure that the director concerned is informed immediately. That director has the right to make written representations to the members. He may also speak at the meeting.

Before,PC crawls out from under the rock he seems to be hiding under ?

C'mon Claire - you are really PC working under cover on this bb - admit it - you seem to have a lot of valuable hindsight !

Our sp in Sept 2017 was sitting at 0.22 - so nearly 5 years on and our sp is sitting at almost exactly half what it was then !!!

Can I see the menu first please Claire ;)

What have we actually done this year ????? Anything ?????

https://www.youtube.com/watch?v=foT1ITubs1A

After all these years and all the bullsh%t we have been fed about the huge demand for our products as fly ash operations decommission. So far we seem to have given away a few hundred tons of pozz- NO MINE DEVELOPMENT, NO SALES and a shockingly poor management team who don't communicate with their shareholders enough - probably because - guess what ? - THEY HAVE NOTHING TO REPORT !! This BOD would be out on their backsides on skid row if they worked for anybody else. AIMVHO

Anybody got ANYTHING positive to say about any of them ?

and we are heading towards May. Get off you arse and do something - utterley USELESS !!!!!!! AIMVHO

Nobody likes PC -He is not personable - he is not a deal maker and never will be IMO.

ICEBANK - article written by SRES on their website !!

Another extract from the same link :-

Sunrise Resources (AIM:SRES) wants to contribute to one promising solution. The company, which also has interests in gold, silver and other minerals, is seeking to establish itself as a leading supplier of pozzolan and perlite, materials sourced from naturally occurring volcanic ash and pumice that can be used as major elements in cement mix, and which have a much lower carbon footprint than traditional constituents. SRES continues to work to move its flagship venture, the CS Pozzolan-Perlite Project in Nevada, to production, with a view to serving a US construction sector under increasing political pressure to reduce its emissions.

''The company, which also has interests in gold, silver and other minerals, is seeking to establish itself as a leading supplier of pozzolan and perlite'' - seeking to establish itself - utter crap - we were told about this great demand long before the mining licence was granted !!

''SRES continues to work to move its flagship venture, the CS Pozzolan-Perlite Project in Nevada, to production'' - towards production - utter crap - no moves have taken place towards production that I am aware of !!

Cheatham - you are a dreamer living in never never land - now squeak up you pathetic excuse of a CEO !!

We executed a limited and cost-effective drill program, utilising RC, to determine if the mineralisation is present at depth but the results have been disappointing. A detailed analysis of the results will be needed before any further exploration is undertaken. Indications are that localised supergene enrichment of silver has resulted in the grades observed at surface.

In the meantime, progress has been made with permitting at our Brunton Pass Copper Project, also in Nevada, and we will recommence activities there soon. In addition, we have already begun field work on the Jacks Copper Project in Zambia and expect to commence drilling in late April or early May 2022.

So results disaapionting - but forget that - progress elsewhere !

Wow quel surpris Rodders :)))))))))

RNS !!!!!!!!!!! ?

How low will you let this go before the lights go out - you are an utter joke of a man.

SUFCESSEX - you don't half talk some drivel. Stick to the paper round sonny.

SRES sales strategy - two for a pound two for a pound come on ladies - a bargain on this fine sunny day :)

Bargain buy today Icebank ? That is if we don't go bust soon - no strategy, no plans, no direction, no new marketing that I am aware of, so sales, no income - NO HOPE !! AIMVHO

Nice and earky deramping this morning bridgedog - the clue is in your name !

Not good enough BOD !!!!!!!!!!!!

living - not leaving