Bridge Resources Corp. Announces Results of Its Annual and Special Meeting
April 02 2012 - 9:37AM
Marketwired Canada
Bridge Resources Corp. (the "Corporation") (TSX VENTURE:BUK), is pleased to
announce the voting results from its annual and special meeting of shareholders
held on March 30, 2012. Shareholders of the Corporation overwhelmingly approved
all of the resolutions set forth in the Corporation's Notice of Meeting and
Proxy Statement and Information Circular, including the resolution approving the
sale of all or substantially all of the assets or the Corporation (the "Asset
Sale").
The Corporation is also pleased to announce that it has received conditional
listing approval for the transactions contemplated in connection with the Asset
Sale from the TSX Venture Exchange. Closing of the transactions remains subject
to the completion of certain customary conditions precedent as contemplated in
the agreement providing for the Asset Sale and is expected to occur within the
first week of April 2012.
Cautionary Note Regarding Forward-Looking Statements
Except for the statements of historical fact contained herein, certain
information presented herein constitutes "forward-looking statements". More
particularly, this press release contains statements concerning the
Corporation's sale process and the timing of the Asset Sale. The forward-looking
statements contained in this document are solely opinions and forecasts which
are uncertain and subject to risks. Forward-looking statements include but are
not limited to uncertainties and other factors which may cause the actual
results, performance or achievements of the Corporation to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. These forward-looking statements are
not guarantees of future performance and are subject to a number of known and
unknown risks and uncertainties, including, but not limited to: non-performance
of agreements in accordance with their terms; the impact of competition;
commodity prices; regulatory environment and inability to obtain required
regulatory approvals; tax laws and treatment; the ability of the Corporation to
raise sufficient capital to complete future projects and satisfy future
commitments; labour and material shortages; and certain other risks detailed
from time to time in the Corporation's public disclosure documents which can be
found at www.sedar.com. Although the Corporation has attempted to identify
important factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers are cautioned that the
assumption used in the preparation of the forward-looking statements, 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.
The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, the Corporation
disclaims any intention and assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by applicable securities law.
Additionally, the Corporation undertakes no obligation to comment on the
expectations of, or statements made, by third parties in respect of the matters
discussed above.
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