As previously announced by GRT Lawyers, in January 2019 the postal ballot was passed by MCU members. This allowed MCU to proceed to the next stage in the acquisition of MCU by Firstmac Holdings Limited by way of a Demutualisation and Scheme of Arrangement. The scheme and demutualisation meetings were held on 30 April 2019 in Maleny. GRT Lawyers is pleased to announce that all three resolutions presented to the meetings were passed by MCU members.

ASX Compliance Update: Key Reporting and Filing Requirements for Listed Entities
ASX has issued an update outlining critical areas of focus for listed entities in relation to exploration result reporting, annual report compliance, and upcoming periodic filing deadlines. These guidelines aim to promote transparency, accuracy, and timely compliance with ASX Listing Rules. 1. Public Reporting of Exploration Results: Emphasis on Balanced Reporting ASX has highlighted two primary considerations