Notice is given that a second meeting of the creditors of the Company, or a second meeting for each of the Companies, (for multiple companies), will be held:
(If multiple companies, see special instructions for meeting times)
The purpose of the meeting(s) is:
Other agenda items are:
Resolution 1A: The remuneration of the Liquidators of Discovery Metals Limited (In Liquidation) ACN 104 924 423 for the period from and including 14 April 2015 be fixed at an initial sum equal to the cost of time incurred by the Liquidators and staff of FTI Consulting, calculated at the hourly rates applicable to the grades or classifications set out on the FTI Consulting of Standard Rates effective, to a maximum amount of $50,850 plus GST, and that the Liquidators be authorised to draw the remuneration on a monthly basis or as required.Resolution 1B: The remuneration of the Administrators and Deed Administrators of Projects for Discovery Metals Limited (Subject to Deed of Company Arrangement) ACN 145 072 948 for the period 14 April 2015 to effectuation of the DOCA (inclusive) be determined at a sum equal to the cost of time incurred by the Administrators and Deed Administrators and the staff of FTI Consulting, calculated in accordance with the hourly rates applicable to the grades or classifications set out in the FTI Consulting Schedule of Standard Rates effective, to a maximum amount of $90,525.00 plus GST and that the Administrators and Deed Administrators be authorised to draw same. Resolution 2: The remuneration of the Trustees of the Discovery Metals Limited Creditor?s Trust from the effectuation of the DOCA to the resignation of the Trustees of the Discovery Metals Limited Creditor?s Trust be determined at an initial sum equal to the cost of time incurred by the Trustees of the Discovery Metals Limited Creditor?s Trust and staff of FTI Consulting, calculated at the hourly rates applicable to the grades or classifications set out on the FTI Consulting Standard Rates effective 1 April 2014, to a maximum amount of $20,450.00 plus GST, and that the Trustees of the Discovery Metals Limited Creditor?s Trust be authorised to draw the remuneration on a monthly basis or as required.
Creditors wishing to attend are advised proofs and proxies should be submitted to the Administrator by:
Stefan DopkingAdministrator
Joanne Emily DunnJoint Appointees