Altair Gold Announces Annual General Meeting and Adoption of Advance Notice Policy
June 28 2013 - 9:45AM
Access Wire
Vancouver, BC - June 28, 2013: Altair Gold Inc. (TSX-V: AVX; the
"Company" or "Altair") is pleased to announce
that the Company will hold its Annual General Meeting (the
"Meeting") of shareholders on Thursday, September 5, 2013 at 10:00 a.m.
(Pacific Daylight Time) at Suite 3000, 1055 West Georgia Street,
Vancouver, BC. All shareholders of record as of July 30, 2013 are
entitled to vote at the Meeting in person or by proxy.
The Company further
announces the approval by its board of directors of an advance
notice policy (the "Policy") on June 25,
2013. The purpose of the Policy is to provide shareholders,
directors and management of the Company with a clear framework for
nominating directors.
Among other things, the Policy
includes a provision that requires advance notice to 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 British Columbia Business Corporations Act (the
"Act"); or (ii) a
shareholder proposal made pursuant to the provisions of the Act.
The Policy fixes a deadline by which director nominations 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 in order for a nominee to be eligible
for election.
In the case of an annual meeting,
notice to the Company must be given no fewer than 30 nor more than
65 days prior to the date of the meeting; provided that if the
meeting is to be held on a date that is fewer than 50 days after
the date on which the first public announcement of the date of the
meeting was made, notice may be given no later than the close of
business on the 10th day following such public announcement.
In the case of a special general
meeting that is not also an annual meeting, notice to the Company
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 Policy is
effective as of the date it was approved. In
order for the Policy to remain in effect following conclusion of
the Meeting, it must be ratified by an ordinary resolution of the
shareholders at the Meeting. Pursuant to the Policy, the deadline
for notice of director nominations for the Meeting is August 6,
2013.
The full text of the
Policy is available via SEDAR at
www.SEDAR.com. Further details
regarding the Meeting will be contained in a Management Information
Circular that will be mailed to shareholders of the Company and
will be filed on SEDAR.
For further information please
contact Fayyaz Alimohamed at (604) 641-1305, or e-mail
info@altairgold.com.
ALTAIR GOLD INC.
Per:
Fayyaz Alimohamed
President & 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.
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