On November 21, 2014, Sprott Inc announced that it has presented Heron Resources Limited with a notice of proposal to move resolutions at the Company's general meeting pursuant to Sections 249N and 249P of the Corporations Act 2000, being a move to change the Board of Heron. In addition, Sprott Inc stated that it has nominated: James (Jim) Gill, Borden Putnam III, and William (Bill) Killinger AM to the Board of Directors of the Company. Further, Sprott Inc stated that it has raised a number of matters in its notice concerning the Company, including the development of Woodlawn, the Company's Kalgoorlie Nickel project, strategic investments, and general corporate overheads.