Alice Queen Ltd. (AU:AQX) has released an update.
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Alice Queen Ltd. has announced an extraordinary general meeting scheduled for June 28, 2024, to discuss a significant increase in Gage’s voting shares from 18.67% to 51%, subject to shareholder approval of Resolution 1. An Independent Expert’s Report by PKF Melbourne finds the shares issuance to Gage as ‘not fair but reasonable’ for non-associated shareholders. Shareholders are urged to review the meeting materials thoroughly and seek professional advice as needed before voting.
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