If the vote went NO on the AS increase, they would NOT be out of business. The wording you are referring to is simply standard wording that is commonly used in financial and legal documents and is used as a "disclaimer" so to speak.
This company just reported good financials from last quarter with profit, and a good increase in income from additional wells since that was reported.
There are many other ways this company can obtain financing considering their good financials and income.
Companies with far worse financials with no income and no profit are frequently able to get financing for expansion with no problem, so it should be no problem for this company to do the same since they have good financials with expotential income growth and turning a profit.
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