Laurentian Adopts Advance Notice PolicyOctober 2, 2013 Download PDF (229ko)
Vancouver, British Columbia – October 2, 2013, Laurentian Goldfields Ltd. (TSX-V:LGF) (“Laurentian” or the “Company”) announced today that the board of directors of the Company (the “Board”) has approved an Advance Notice Policy effective September 20, 2013, which will be presented to shareholders of the Company for ratification at its annual general meeting of shareholders to be held on December 4, 2013.
The Advance Notice Policy includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the “Act”); or (ii) a shareholder proposal made pursuant to the provisions of the Act.
Additionally, the Advance Notice Policy sets a deadline by which holders of record of common shares in the capital of the Company must submit director nominations to the Company prior to any annual general or special meeting of shareholders, sets forth the information that a shareholder must include in the notice to the Company, and establishes the form in which the shareholder must submit the notice for that notice to be in proper written form.
In the case of an annual general meeting of shareholders, notice to the Company must be made not less than 30 days and not more than 65 days prior to the date of the annual general meeting. However, in the event that the annual general meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual general meeting was made, notice may be made not later than the close of business on the tenth day following such public announcement.
In the case of a special meeting of shareholders (which is not also an annual general meeting) notice to the Company must be made not later than the close of business on the fifteenth day following the day on which the first public announcement of the date of the special meeting was made.
The full text of the Advance Notice Policy is available under the Company’s profile on SEDAR at www.sedar.com.
About Laurentian Goldfields Ltd.
Laurentian is a team of highly skilled professionals focused on the identification, acquisition, and development of high quality exploration projects. A solid technical foundation, partnered with major mining companies through exploration alliances and joint venture agreements, provides significant exploration exposure for shareholders while minimizing shareholder dilution. Laurentian is committed to delivering shareholder growth by utilizing its extensive industry experience to generate and acquire exceptional exploration and development opportunities.
firstname.lastname@example.org TEL +604 646-8000 520-800 West Pender Street www.laurentiangoldfields.com FAX +604 646-8088 Vancouver, BC V6C 2V6
ON BEHALF OF THE BOARD OF DIRECTORS,
Darin Labrenz, P.Geo. President and CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
President and CEO
Tel: (604) 646-8000
Fax: (604) 646-8088 email@example.com