RESOLUTION MINERALS LTD/ADR (RLMLF) describes detailed terms governing its American Depositary Shares, focusing on how the Depositary treats ADR owners, handles distributions, voting, corporate actions and termination of the deposit arrangement. ADR Owners, rather than Holders of receipts, are recognized as the parties entitled to dividends, distributions and notices.
The text outlines how the Depositary converts and distributes foreign-currency dividends, may sell securities or rights when proportional or lawful distribution is not feasible, and can treat certain large distributions, redemptions or replacements as Termination Option Events. It explains procedures for rights offerings, elections between cash and share distributions, tax withholding and indemnification by Owners for tax-related claims. The document also sets out voting procedures and record-date mechanics, limits the Depositary’s and company’s liability, permits termination of the Deposit Agreement after notice, and confirms participation in DTC’s Direct Registration System and Profile. Finally, it includes New York jurisdiction and jury-trial waivers and a broad waiver of sovereign immunity by the company.