Simple explanation from our friends at Investopedia: 

Voting and Super-Voting Shares

Different share classes also have different voting rights. For instance, a company's founders, executives, or other large stakeholders may be assigned a class of common stock that has multiple votes for every single share of stock. This super-voting multiple is about 10 votes per higher class share, although some companies may choose to make them much higher.

Super-voting shares give key company insiders greater control over the company's voting rights, its board, and corporate actions. The existence of super-voting shares can also be an effective defense against hostile takeovers since key insiders can maintain majority voting control of their company without actually owning more than half of the outstanding shares.

There are, of course, cynical ways of looking at granting this amount of voting power (but not necessarily increased economic power) to our directors. But with our market cap at less than $5m, one has to wonder if you're a party willing to fund $10-100M+ of drilling, it may make sense to just take over the company on the cheap and THEN fund drilling.