On May 6, 2024, Sierra Rutile Holdings Limited announced that in relation to the notices received under sections 203D and 249N of the Corporations Act 2001 from Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Fund regarding resolution to 1) appointment of David Birrell as director of the Company, 2) removal of Gregory Martin as director of the Company, were formally revoked by the Samuel Terry Asset Management. In addition, the Company stated that any votes submitted for resolution appointment of David Birrell as director of the Company will be disregarded, and it will not be considered at Company?s Annual General Meeting to be held on 16 May 2024, resolution for removal of Gregory Martin as director of the Company remains to be considered at Sierra Rutile?s Annual General Meeting because as at the date of this announcement, PRM Services LLC has not withdrawn its resolution in relation to the removal of Gregory Martin as a director of the Company.