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You are correct -$400K !!! It was ??? But it could have been $1,300,000. Judging by the one &only RNS dated 09/JAN/2014.. Hope they haven't advanced any more than the initial $400,000 Stellar will acquire an initial 20% shareholding in Boletus, a special purpose company for developing the Bengkulu Coal Project, by paying $400,000 towards the start-up costs of the Indonesian operations. Stellar has the right, but not the obligation, to acquire a further 5% of Boletus by funding another $500,000 and a further 4% of Boletus by funding another $400,000.

Removal of directors The Companies Act provides that shareholders may remove a director of any company before the expiration of his term of office by ordinary resolution if a particular procedure is followed. The director is able to make representations in writing to the company which must be circulated to shareholders with the notice of meeting if received in time. The director also has the right to attend and speak at the meeting on his proposed removal. However, a company's articles typically provide for other situations in which a director's appointment ceases and often set out other grounds and procedures for removal. Many publicly-traded companies' articles contain provisions requiring directors to resign and stand for re-appointment by shareholders on a periodic basis (see Question 11). A director may still have employment rights in relation to termination of his employment contract regardless of his proper removal as a director within the requirements of the Companies Act and the company's articles. 11. Are there any restrictions on a director's term of appointment? The Companies Act does not impose any restrictions on the term of appointment of directors. The articles, however, may provide for retirement by rotation. For listed companies, the UK Corporate Governance Code stipulates that all directors of listed FTSE 350 companies should stand for re-election by shareholders annually and that directors of listed companies outside the FTSE 350 should be subject to re-election at least every three years. 12. Do directors have to be employees of the company? Can shareholders inspect directors' service contracts? Directors employed by the company Directors are not required by law to be employed by the company. While executive directors are usually employed under an employment contract (also referred to as a service contract, service agreement or contract of service), non-executive directors are normally engaged under a contract for services/letter of appointment. Shareholders' inspection The Companies Act requires companies to keep directors' service contracts available for inspection by shareholders without charge. The UK Corporate Governance Code further provides that the terms and conditions of appointment of non-executive directors should be made available for inspection by any person at the company's registered office during normal business hours and at its annual general meeting. 13. Are directors allowed or required to own shares in the company? While the Companies Act does not require directors to own shares in the company, directors of private companies are generally (subject to the provisions of the articles, a shareholders' agreement or similar) free to own shares in the company. Listed company directors may also hold shares in the company and executive directors will often hold shares and be granted share options under approved schemes. Some non-executive directors are, in practice, remunerated partially in

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