Limitations on the powers of the company Report 2022

Purpose
 This document is the official constitution for Debi NL Ltd
Governance
 The corporate governance structure to be used by the company will be
following the ASX Good governance principles of 2018 edition
Rule
 The company is to be governed by the provisions of the replaceable rules
as stated under section 135 of the Corporations Act 2001 (To be referred
as CA hence forth in this document).
 The clauses of this constitution will have the effect of superseding any of
the replaceable rules in the CA. this means that the rules will only be
applicable under the areas where the company is silent
Shares
All organizations register in Australia have the right to issue shares under the
provisions of the CA on this situation also the company will have the right to
issue share
The shares which have been selected to be issued by the organization are as
follows
1. the company will be issuing general or ordinary shares for its
shareholders. This shares will be categorised as class A shares and will be
provided with ordinary dividends and voting rights
2. the company will be issuing preference shares for its shareholders. This
shares will be categorised as class B shares and will be provided with
preference dividends and voting rights as existing under s254 of the CA
Limitations on the powers of the company
 The powers and activities of Debi NL Ltd will be limited to only activities
which involve gold mining and any activity which is done in relation to the
company apart from this would be void. The rule will still be subjected to
the provisions of section 125 of the CA. The company has the right to
directly sue an executive who has acted in breach of this authority.
Amendments
The company constitution is only to be amended if the above rules have been
complied with as required by section 136 of the CA
Registration
The company has been registered duly after complying with the provisions of
section 117 and 112 of the CA