Tomorrow's Share Trading News Out Today

Submitted by Stock Market News on 21 July, 2011 - 12:51

There are no stocks that will go on ex-dividend, and no upcoming floats in the ASX. However, five companies are going to have an EGM in their respective board rooms on July 22, 2011.

EGM: MDV, GOT, INQ, RRI, HST

Medivac Limited (ASX:MDV) is an international health care solutions provider for biological waste treatment. The company owns MetaMizer, an alternative waste management system thatprovides sterile and safe waste disposal. MDV is holding an EGM at 10 am in The Sydney Room, Level 2, City Tattersals Club, 194-204 Pitt Street, Sydney . The agenda: Approval of share issues made to Dutchess Opportunity Fund, II, LP; approval of share issue made and to be made in lieu of cash payment for work done; approval of special placement share issue; approval of share and option issue to Bergen Global Opportunity Fund II, LP; approval of future share issue to Bergen Global Opportunity Fund II, LP

Groote Resources Limited (ASX:GOT) is a mining company that explores manganese, uramium and other base metals. The company holds interest in Groote Eylandt Manganese, Mt Alexander and Granites Bore Uranium project. GOT is holding an EGM at 11:30 am in NHK, Level 2, 100 Railway Road, Subiaco, Western Australia. The agenda: the name of the company to be changed to Northern Manganese Limited.

Investorfirst Limited (ASX:INQ) provides financial market services in Australia. The company's services include sponsoring share issues, stock research and advice, corporate structuring and finance, and stock broking. INQ is holding an EGM at 11 am in Level 45, Governor Phillips Tower, 1 Farrer Place, Syndey. The agenda: approval of unlisted options to Southern Cross Equities Ltd and various staff members of the company.

Rico Resources Limited (ASX:RRI) is a mining company focused on exploring iron ores in Australia. RRI is holding an EGM at 11 am in Level 6, 256 St George Terrace, Perth Western Australia.

The agenda:

  • Re-election of directors – Peter Schultz, Mcandrew Rudisill, Nathan Featherby
  • Approval of share employee share plan
  • Issue of shares to Nathan Featherby, Peter Schultz, Mcandrew Rudisill, Imants Kins under the empoyee share plan
  • Approval of termination of Emil Dimitrov
  • Approval of employee option plan
  • Issue of options to Mcandrew Rudisill under employee option plan

Investorfirst Limited (ASX:HST) designs, installs, and maintains technical services to buildings and infracture in Australasia, UK, Ireland and Middle East. The company operates in four segments: Mechaical and hydraulics, rotary, electrical and services. HST is holding an EGM at 3 pm in AGL Theater, Museum of Sydney, Corner of Phillip and Bridge Streets, Sydney.

The agenda:

Previous issue of fully paid ordinary shares on June 17, 2011 to be given to the following investors at a share market price of $0.20 per new share.

  • 16,185,245 ordinary shares to CWC COFA Pty Ltd as trustee for the CWC Corporate Opportunity 1A Trust
  • 16,185,245 ordinary shares to CWC COFB Pty Ltd as trustee for the CWC Corporate Opportunity 1B Trust
  • 3,596,722 ordinary shares to CWC Investors Pty Ltd as trustee for the CWC Investment Unit Trust.

Issue of up to 305,591,813 fully paid ordinary shares to institutional investors at an issue price of $0.14 per new share.

Recommended Websites