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Bullboard - Stock Discussion Forum Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd > 27 Day AGM Campaign to Vote NO and Withheld
View:
Post by Gazoo2021 on Oct 26, 2022 6:41am

27 Day AGM Campaign to Vote NO and Withheld

Dear Friends

It has become apparent that the present Board has not conformed to the CBCA regulations and this has allowed this grouping to highjack our corporation.

Under the CBCA the voting is For or Against and the Against vote matters.

It's also clear that the present grouping has transactions, wages and fees that are above 90 million dollars.

Our 120 million write down was partly payments and fees to our present BOD.

We know the BOD have no interest in providing disclosures to the shareholders.

Last year, they did not publish the vote count of the AGM.

We need all parties to becaome familiar with the information is the AGM circular.

Not only are they taking the Corporation out of the CBCA , they are implementing new Corporate Resolutions that allow them to do as they please.

What has occured in the past at the AGM appears to be illegal for the benefit of the BOD.

This proposed change allows them to operate like they a private corporation and us shareholders will have no rights.

This Public Corporation appears to be a defacto scheme to milk away shareholder wealth.

Please calculate you losses as this information will help all of us understand the true nature of what has occured here, it's well over 100 million.

The more information on the scope of the lossee,  the better we will be able to deal with the situation.
Comment by Gazoo2021 on Oct 26, 2022 12:40pm
From the AGM circular ''PARTICULARS OF OTHER MATTERS TO BE ACTED UPON Continuance under the Business Corporations Act (British Columbia) The Company is currently incorporated under the Canada Business Corporations Act (the "CBCA"). The Board proposes to continue the Company into British Columbia (the "Continuance") under the Business Corporations Act (British ...more