Sintana Energy Inc. Adopts Advance Notice By-Law
28 6월 2013 - 10:03AM
Access Wire
TORONTO, ON, June 27, 2013 –
(eTeligis via Accesswire) - Sintana Energy Inc. (TSX-V: SNN) (the
"Corporation" or "Sintana") announces confirmation by shareholders
of amendments to its By-Laws.
By-Law 4 includes a provision that
requires advance notice to the Corporation in circumstances where
nominations of persons for election to the Board of Directors are
made by shareholders of the Corporation other than pursuant to (i)
a requisition to call a shareholders' meeting made pursuant to the
provisions of the Business Corporations Act (Ontario) (the "OBCA"),
or (ii) a shareholder proposal made pursuant to the provisions of
the OBCA (the "Advance Notice Provision").
Among other things, the Advance
Notice Provision fixes a deadline by which holders of record of
common shares of the Corporation must submit Director nominations
to the Corporation prior to any annual or special meeting of
shareholders and sets forth the information that a shareholder must
include in the notice to the Corporation for the notice to be in
proper written form.
In the case of an annual meeting of
shareholders, notice to the Corporation 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
Corporation must be made no 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 Advance Notice Provision
provides a clear process for shareholders to follow to nominate
Directors and sets out a reasonable time frame for nominee
submissions along with a requirement for accompanying information.
The purpose of the Advance Notice Provision is to treat all
shareholders fairly by ensuring that all shareholders, including
those participating in a meeting by proxy rather than in person,
receive adequate notice of the nominations to be considered at a
meeting and can thereby exercise their voting rights in an informed
manner. In addition, the Advance Notice Provision should assist in
facilitating an orderly and efficient meeting process. A copy of
By-Law 4 has been filed under the Corporation's profile at
www.sedar.com.
On behalf of Sintana Energy
"Doug
Manner"
Chief Executive Officer
For additional information or to
receive timely updates about Sintana's South America projects and
recent corporate activities please visit the Company's website at
www.sintanaenergy.com or email info@sintanaenergy.com
Corporate
Contact:
Douglas
Manner
Chief Executive Officer
Tel: 832.279.4913
Sean
Austin
Vice President
Tel: 713.825.9591
Forward-Looking
Statement
Forward Looking Statements
Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements
are subject to numerous risks and uncertainties, certain of which
are beyond the control of Sintana, including, but not limited to
the receipt of applicable shareholder approvals. Readers are
cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.
Neither the 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.
SOURCE: Sintana
Energy Inc.
(TSXV:SNN)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
(TSXV:SNN)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024