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ALACER GOLD ANNOUNCES AMENDMENT TO PROPOSED RESTRICTED STOCK UNIT PLANS
May 19, 2011 (Canada NewsWire Group) -- TORONTO, May 19 /CNW/ - Alacer Gold Corp. ("Ala...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n May 19, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, May 19 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Company") (TSX:ASR) (ASX:AGQ) announced today a further amendment to the proposed Alacer RSU Plans as\n defined and described in Alacer's Management Information Circular dated\n April 28, 2011 (the "Circular"). Having considered a request from ISS\n Proxy Advisory Services, Alacer has agreed to amend the Alacer RSU\n Plans from "rolling" 8.5% equity compensation plans to "rolling" 5.0%\n equity compensation plans. This further amendment is subject to\n regulatory approval. The shareholders' resolution attached as Appendix\n "A" to the Circular will be amended at the annual and special meeting\n of shareholders of Alacer on June 2, 2011 to reflect the foregoing.\n\n\nAbout Alacer\n\n\nAlacer is a leading intermediate gold company with operations in both\n Australia and Turkey.\n\n\nAustralia \nAlacer has three operating gold mines in Australia, namely the\n Higginsville and South Kalgoorlie operations; and a 49% interest in the\n Frog's Leg underground mine. The South Kalgoorlie operations and the\n Frog's Leg interest were acquired following the successful takeover of\n Dioro Exploration NL, which was completed in March 2010. The Australian\n operations are targeting 280,000 ounces of gold in 2011.\n\n\nTurkey\nAlacer is recognized as a leader in exploration and development in\n Turkey and, with th...