On April 24, 2020, Lotus Resources Limited announced that it has received notices under sections 203D and 249D of the corporations act 2001 (Cth) signed by TR Nominees Pty Ltd and Davey Holdings (Aus) Pty Ltd as trustee for the Burnaford Trust requesting the Company to call and arrange to hold a general meeting to consider resolutions concerning: to appoint Grant Davey and Stuart McKenzie as directors of the Company and to remove Simon Andrew and Tim Kestel as directors of the Company. The Company stated that it will now undertake the necessary steps to convene a general meeting in compliance with the corporations act.