Pacific Ridge Adopts Advance Notice Policy for Director Nominations

Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the
"Company") announced today the approval and adoption by its board of directors
(the "Board of Directors") of an advance notice policy (the "Policy") on
February 28, 2013, which Policy, among other things, includes a provision that
requires advance notice to the Company in circumstances where nominations of
persons for election to the Board of Directors 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.


Among other things, the Policy fixes a deadline by which holders of record of
common shares of the Company must submit director nominations to the Company
prior to any annual or special meeting of shareholders and sets forth the
information that a shareholder must include in the notice to the Company for the
notice to be in proper written form.


In the case of an annual meeting of shareholders, notice to the Company must be
made not less than 30 nor more than 65 days prior to the date of the annual
meeting; provided, however, that, in the event that the annual 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 meeting was made, notice may be
made not later than the close of business on the 10th day following such public
announcement.


In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Company must be made not later than the close of
business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made.


The Policy is effective as of the date it was approved. The full text of the
Policy is available via SEDAR at www.sedar.com or upon request by contacting the
Corporate Secretary of the Company at (604) 687-4951 or by e-mail at
apage@mnxltd.com.


On behalf of the Board of Directors, 

John S. Brock, President & CEO

Pacific Ridge Exploration Ltd.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Ridge Exploration Ltd.
John S. Brock
President & CEO
(604) 687-4951
(604) 688-4670 (FAX)
www.pacificridgeexploration.com

Pacific Ridge Exploration (TSXV:PEX)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024