Karora Resources Inc V.KRR

Primary Symbol: T.KRR Alternate Symbol(s): KRRGF

Metals & Mining Gold

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.

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Karora Resources Inc

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Post by rtszdon Sep 05, 2013 9:18pm

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Post# 21721706

Consolidate to What?

I am confused on what #06 means:

APPROVAL OF A SPECIAL RESOLUTION TO AMEND THE ARTICLES OF THE COMPANY TO ALLOW
THE DIRECTORS TO APPROVE AND IMPLEMENT THE CONSOLIDATION OF ALL OR ANY OF THE COMPANY'S UNISSUED, OR ITS FULLY PAID ISSUED, SHARES.

For

For Against

Help! Someone clarify what can actually occur if this resolution is approved, please!

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