Atico Announces Adoption of Advance Notice Policy for Election of Directors
April 17 2014 - 3:05PM
Marketwired
Atico Announces Adoption of Advance Notice Policy for Election of
Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 17, 2014) -
Atico Mining Corporation (TSX-VENTURE:ATY)(PINKSHEETS:ATCMF)
announces the adoption by its Board of Directors of an Advance
Notice Policy in respect of the election of directors.
The purpose of the Policy is to provide shareholders, directors
and management of the Company with a clear framework for nominating
persons for election as directors of the Company. No person will be
eligible for election unless nominated in accordance with the
Policy.
The Policy was adopted to further the Company's commitments to:
(i) facilitating an orderly and efficient annual general or, where
the need arises, special meeting, process; (ii) ensuring that all
shareholders receive adequate notice of the director nominations
and sufficient information regarding all director nominees; and
(iii) allowing shareholders to register an informed vote after
having been afforded reasonable time for appropriate
deliberation.
The Policy requires advance notice to the Company where
nominations of persons for election to the Board of Directors are
made by shareholders. The Policy fixes a deadline by which
nominations of potential directors must be submitted to the Company
prior to any annual or special meeting of shareholders and sets
forth the information that must be included in the notice to the
Company.
For annual general meetings of shareholders, notice to the
Company of nominations of potential directors must be made not less
than 30 days and not more than 65 days prior to the date of the
meeting but if 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.
For special general meetings of shareholders called for the
purpose of electing directors (whether or not called for other
purposes), notice to the Company of nominations of potential
directors 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 April 7, 2014. Pursuant to the
terms of the Policy, the Company will seek shareholder ratification
of the Policy at its next annual general meeting of shareholders.
The Company also intends to formalize the Policy by, subject to
obtaining shareholder approval at that meeting, incorporating its
terms into its Articles.
The full text of the Policy is available under the Company's
profile at www.sedar.com and on the Company's website
(www.aticomining.com).
About Atico Mining Corporation
Atico is a growth-oriented company, focused on exploring,
developing and mining copper and gold projects in Latin America.
The company operates the El Roble mine and is pursuing additional
acquisition opportunities. For more information, please visit
www.aticomining.com.
ON BEHALF OF THE BOARD
Fernando E. Ganoza, CEO
Atico Mining Corporation
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.
No securities regulatory authority has either approved or
disapproved of the contents of this news release. The securities
being offered have not been, and will not be, registered under the
United States Securities Act of 1933, as amended (the "U.S.
Securities Act"), or any state securities laws, and may not be
offered or sold in the United States, or to, or for the account or
benefit of, a "U.S. person" (as defined in Regulation S of the U.S.
Securities Act) unless pursuant to an exemption therefrom. This
press release is for information purposes only and does not
constitute an offer to sell or a solicitation of an offer to buy
any securities of the Company in any jurisdiction.
Cautionary Note Regarding Forward Looking
Statements
This announcement includes certain "forward-looking
statements" within the meaning of Canadian securities legislation.
All statements, other than statements of historical fact, included
herein, without limitation the use of net proceeds, are
forward-looking statements. Forward- looking statements involve
various risks and uncertainties and are based on certain factors
and assumptions. There can be no assurance that such statements
will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's expectations include uncertainties
relating to interpretation of drill results and the geology,
continuity and grade of mineral deposits; uncertainty of estimates
of capital and operating costs; the need to obtain additional
financing to maintain its interest in and/or explore and develop
the Company's mineral projects; uncertainty of meeting anticipated
program milestones for the Company's mineral projects; and other
risks and uncertainties disclosed under the heading "Risk Factors"
in the prospectus of the Company dated March 2, 2012 filed with the
Canadian securities regulatory authorities on the SEDAR website
at www.sedar.com.
Investor RelationsIgor
Dutina+1.604.633.9022info@aticomining.comwww.aticomining.com
Atico Mining (QX) (USOTC:ATCMF)
Historical Stock Chart
From Dec 2024 to Jan 2025
Atico Mining (QX) (USOTC:ATCMF)
Historical Stock Chart
From Jan 2024 to Jan 2025