Oncosil withdraws Extraordinary General Meeting

Company News

Oncosil Medical Limited (ASX:OSL) has announced the withdrawal of all resolutions to be proposed at the Extraordinary General Meeting scheduled on Thursday the 24th of March. 
The company says there will be amendments with respect to four of the five resolutions to be put  to shareholders at the EGM dealing with the proposed loan share issues.
It also says in the interests of saving costs, it has elected to defer all of the resolutions until the new EGM which will seek ratification of Dr Roberts’ appointment. 
Another EGM will be held as soon as practicable, with a date expected in early May 2016. 
Oncosil reported a net loss of $1.77 million at 31 December 2015. 

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