ASX Announcement
For personal use only
23 May 2022
ASX: TEG
Letter to Shareholders, Notice of General Meeting and Proxy Form
Triangle Energy (Global) Limited (ASX: TEG) (Triangle / the Company) advises that a General Meeting (GM) will be held at 11am WST on Thursday 23 June 2022 at The Celtic Club, 48 Ord Street, West Perth, Western Australia.
As permitted by the Corporations Act 2001 (Cth), the Company will not be dispatching physical copies of the Notice of Meeting unless the shareholder has made a valid election to receive documents in hard copy. Instead, the Notice of Meeting and accompanying explanatory statement (Meeting Materials) are being made available to shareholders electronically and can be viewed and downloaded at the following link:
https://triangleenergy.com.au/category/asx-announcements/.
A copy of a letter mailed to all shareholders, along with a copy of the Notice of Meeting and Proxy Form, is attached below.
Authorised for Release by: | The Board of Directors |
ENDS | |
For more information | Mr Conrad Todd |
Managing Director | |
E:ctodd@triangleenergy.com.au | |
Ph: +61 8 9219 7111 | |
General Shareholder Enquiries | info@triangleenergy.com.au |
About Triangle Energy (Global) Ltd
Triangle Energy (Global) Ltd is an ASX listed (ASX:TEG) oil producer and explorer based in Perth, Western Australia. The Company has a 78.75% interest in, and is Operator of, the producing Cliff Head Oil Field, which includes the Arrowsmith Stabilisation Plant. Triangle also has a 50% share of the Mt Horner L7 production licence and a 45% share of the Xanadu-1 Joint Venture, both located in the Perth Basin. Triangle also has a substantial equity interest in State Gas Ltd (ASX:GAS), which has a 100% operating interest in the Reids Dome production licence (PL 231) in Queensland. The Company continues to assess acquisition prospects to expand its portfolio of assets.
Triangle Energy (Global) Limited ABN 52 110 411 428triangleenergy.com.au
Suite 2, 100 Havelock St, West Perth WA 6005 | PO Box 51 West Perth WA 6872 Australia
- +61 8 9219 7111
only23 May 2022 Dear Shareholder
General Meeting - Notice and Proxy Form
Notice is given that a General Meeting (Meeting) of Shareholders of Triangle Energy (Global) Limited (ACN 110 411 428) (Company) will be held as follows:
Time and date: 11am (Perth time) on Thursday, 23 June 2022
Location: | The Celtic Club, 48 Ord Street, West Perth, Western Australia |
use |
As permitted by the Corporations Act 2001 (Cth), the Company will not be dispatching physical copies of the Notice of Meeting unless the shareholder has made a valid election to receive documents in hard copy. Instead, the Notice of Meeting and accompanying explanatory statement (Meeting Materials) are being made available to shareholders electronically and can be viewed and downloaded at the following link: https://triangleenergy.com.au/category/asx-announcements/.
personalYour proxy voting instruction must be received by 11am (Perth time) on Tuesday, 21 June 2022, being not later than 48 hours before the commencement of the Meeting. Any proxy voting instructions received after that time will not be valid for the scheduled
For those shareholders that have not elected to receive notices by email, a copy of your personalised Proxy Form is enclosed for your convenience. Please complete and return the attached Proxy Form to the Company's share registry, Automic, using any of the following methods:
Online: | https://investor.automic.com.au/#loginsah |
By Mail: | Automic, GPO Box 5193, Sydney, NSW, 2001, Australia |
In Person: | Automic, Level 5, 126 Phillip Street, Sydney, NSW |
By Fax: | 02 8583 3040 (within Australia) or +61 2 8583 3040 (outside Australia) |
By Email: | meetings@automicgroup.com.au |
Meeting. The Company strongly encourages all shareholders to submit their personalised Proxy Form as instructed prior to the Meeting.
The Meeting Materials should be read in their entirety. If shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting.
ForIf you have difficulties obtaining a copy of the Meeting Materials, please contact the Company's share registry, Automic, on 1300 288 664 (within Australia) or + 61 2 9698 5414 (outside Australia).
Authorised for release, on behalf of the Board of Directors, by: (Signed electronically without signature)
Henko Vos
Company Secretary
Triangle Energy (Global) Limited ABN 52 110 411 428triangleenergy.com.au
Suite 2, Ground Floor, 100 Havelock St West Perth WA 6005 PO Box 51 West Perth WA 6905
- +61 8 9219 7111
For personal use only
Triangle Energy (Global) Limited
ACN 110 411 428
Notice of General Meeting,
Explanatory Statement and Proxy Form
General Meeting to be held at
The Celtic Club
48 Ord St West Perth
WA 6005,
Western Australia
At 11.00am (WST) on Thursday, 23 June 2022
For personal use only
Important Information
Contents
Item | Page |
Notice of General Meeting | 2 |
Voting Exclusions | 4 |
Proxy Appointment, Voting and Meeting Instructions | 6 |
Explanatory Statement | 8 |
Schedule 1 - Terms of Options | 21 |
Glossary of defined terms | 24 |
Important dates
An indicative timetable of key proposed dates is set out below. These dates are indicative only and are subject to change.
Event | Date | |
Last day for receipt of Proxy Forms - Proxy Forms | 11.00am (WST) on Tuesday, 21 | June 2022 |
received after this time will be disregarded | ||
Snapshot date for eligibility to vote | 5.00pm (WST) on Tuesday, 21 | June 2022 |
General Meeting | 11.00am (WST) on Thursday, 23 | June 2022 |
Defined terms
Capitalised terms used in this Notice of General Meeting will, unless the context otherwise requires, have the same meaning given to them in the Glossary set out in the Explanatory Statement.
Important information - COVID-19 virus health and safety requirements
The Board of Directors have elected to hold a physical meeting and have undertaken to implement certain protocols and practices to ensure the safe conduct of the General Meeting in line with general health advisory recommendations.
Please note the following:
- The General Meeting will be a physical meeting held at The Celtic Club, 48 Ord Street, West Perth WA 6005, at which Shareholders may attend in person or by proxy.
- Shareholders are encouraged to vote by proxy.
- No refreshments will be served at the Meeting.
- Voting on all Resolutions will be conducted by poll and not by show of hands.
- Questions for the Board of Directors can be emailed to hvos@triangleenergy.com.au and must be received no later than 5.00pm (WST) on Friday, 17 June 2022.
TRIANGLE ENERGY (GLOBAL) LIMITED - NOTICE OF GENERAL MEETING AND EXPLANATORY | 1 |
STATEMENT |
For personal use only
Notice of General Meeting
Notice is hereby given that a General Meeting of Triangle Energy (Global) Limited ACN 110 411 428 (Company or Triangle Energy) will be held at The Celtic Club, 48 Ord Street, West Perth WA 6005 at 11.00am (WST) on Thursday, 23 June 2022 for the purpose of transacting the business referred to in this Notice of General Meeting.
The Explanatory Statement that accompanies and forms part of this Notice describes the various matters to be considered.
AGENDA
Resolutions 1(a) and 1(b): Ratification of Issue of Placement Shares to Tranche 1 Placement Participants (Non-Related Parties)
To consider and, if thought fit, to pass, with or without amendment, the following resolutions as ordinary resolutions:
- "That under and for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders hereby approve the issue by the Company to the Placement Participants of 161,292,000 Placement Shares issued at a price of $0.013 each, utilising the Company's placement capacity under Listing Rule 7.1, in the manner and on the terms and conditions set out in the Explanatory Statement."
- "That under and for the purposes of Listing Rule 7.4 and for all other purposes, Shareholders hereby approve the issue by the Company to the Placement Participants of 99,092,615 Placement Shares issued at a price of $0.013 each, utilising the Company's placement capacity under Listing Rule 7.1A, in the manner and on the terms and conditions set out in the Explanatory Statement."
Resolution 2: Approval to issue Placement Options to Tranche 1 Placement Participants (Non-Related Parties)
To consider and, if thought fit to pass, with or without amendment, the following resolution as an ordinary resolution:
"That for the purposes of Listing Rule 7.1 and for all other purposes, Shareholders approve the issue by the Company to Tranche 1 Placement Participants of 130,192,308 Placement Options, each exercisable at $0.025 on or before 30 June 2025, in the manner and on the terms and conditions set out in the Explanatory Statement."
Resolutions 3(a), 3(b) and 3(c): Approval to issue Tranche 2 Placement Securities to Directors (Related Parties)
To consider and, if thought fit to pass, with or without amendment, the following resolutions as separate ordinary resolutions:
- "That under and for the purposes of Listing Rule 10.11, sections 208 and 195(4) of the Corporations Act and for all other purposes, Shareholders approve the issue by the Company to Mr Greg Hancock, or his nominee, a Director and Related Party of the Company, of 1,153,846 Placement Shares and 576,923 Placement Options, each exercisable at $0.025 on or before 30 June 2025, in the manner and on the terms and conditions set out in the Explanatory Statement."
- "That under and for the purposes of Listing Rule 10.11, sections 208 and 195(4) of the Corporations Act and for all other purposes, Shareholders approve the issue by the
TRIANGLE ENERGY (GLOBAL) LIMITED - NOTICE OF GENERAL MEETING AND EXPLANATORY | 2 |
STATEMENT |
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Triangle Energy (Global) Limited published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 06:25:01 UTC.