Independent Adviser(s): RSM Financial Services Australia Pty Limited (Rule 18)

Company Meeting Date: 26/11/2015

Transaction summary:

On 26 November 2015, King Solomon Mines Limited (“KSO”) held an extraordinary meeting of shareholders to consider resolutions to approve various transactions to facilitate the effective backdoor-listing of Xref Pty Limited (“Xref”), including a resolution to allow Xref shareholders to increase their voting control in KSO to more than 20%. 

KSO was a New Zealand-registered, ASX-listed Code company that had 50 or more shareholders and 50 or more share parcels. 

The Panel approved RSM Financial Services Australia Pty Limited to prepare a rule 18 independent adviser’s report on the merits of allotments of KSO ordinary shares to the Xref shareholders. 

The resolutions were approved at the shareholder meeting.  

Key Documents

Notice of Meeting: