RM, this is the only shareholders rights plan registered anywhere on Sedar. I as you were made to understand a couple of years ago that it was a 2 for 1 split. There is a clause that says one Amalco right will be issued for each share held, which gives the right to buy the shares. Could not find any evidence of that plan ever being brought forward on Sedar. This plan was voted on by both Gold City and San Gold Shareholders when the Merger took place as Amalco. The text was Appendix G to the meeting agenda, and the resloution on page 35 of the agenda read as follows:

(ii) the amalco Shareholders Rights Plan, which has been designed to protect the shareholders of Amalco from unfair, abusive or co-ersive take-over strategies, in substantially the form attached to the circular as Appendix G and submitted to the meeting and initialed b the chairman for identification purposes, be and the same is hereby authorized and approved; and

(ii) any one director or officer of Gold City or Amalco be and is hereby authorized and directed to do and perform all such acts and things and to execute and deliver or cause to be executed and delivered, for, in the name of and on behalf of Gold City or Amalco all such deeds, documents and other instruments as may be necessary or desirable to perform or give effect to the provisions of this resolution.