Last checked at 14 Dec 2017 07:00
14 December 2017
ORTAC RESOURCES LTD
("Ortac" or the "Company")
Partial Amendments to Articles of Association
Ortac Resources Ltd, the AIM listed exploration and mine development company, announces that on 12 December 2017, pursuant to Clause 12 of the Memorandum of Association of the Company the Articles of Association of Ortac (the "Articles of Association") be amended as follows: Regulation 10.8 is replaced in its entirety with:
"At meetings of directors at which the Chairman of the Board is present, he shall preside as chairman of the meeting and in the case of an equality of votes, he shall have a second or casting vote. If there is no Chairman of the Board or if the Chairman of the Board is not present, the directors present shall choose one of their number to be chairman of the meeting and, in the case of an equality of votes, such person shall have a second or casting vote. However nothing in this Regulation 10.8 shall give a second or casting vote if, for the purposes of the Memorandum or these Articles, the Chairman of the Board or such other directors is not to be counted as participating in the decision making process for quorum or voting purposes".
The Articles of Association can be found on the Company's website by following the link below:
http://www.ortacresources.com
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
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