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Altiplano Minerals Adopts Advance Notice Policy for Director Nominations
(via Thenewswire.ca) July 5, 2013 - Vancouver, British Columbia - Altiplano Minera...
About this update from Altiplano Metals Inc.
[{"type":"text","content":"Altiplano Minerals Adopts Advance Notice Policy for Director Nominations(via Thenewswire.ca)\n\n \nJuly 5, 2013 - Vancouver, British Columbia - Altiplano Minerals Ltd. (\"Altiplano\" or the \"Company\") (APN: TSX-V) announces today that the Board of Directors has approved the adoption of an advance notice policy (the \"Policy\"), for the purpose of providing shareholders, directors and management of Altiplano with a clear framework for nominating directors. The Policy is meant to: (i) facilitate an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensure all shareholders receive adequate notice of the director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote having been afforded reasonable time for appropriate deliberation.\n\n\n \nThe Policy contains a provision that requires advance notice to Altiplano in circumstances where nominations of persons for election to the board of directors are made by shareholders of Altiplano. The Policy fixes deadlines by which holders of record of common shares of Altiplano must submit director nominations to Altiplano prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to Altiplano for an effective nomination to occur. No person will be eligible for election as a director of Altiplano unless nominated in accordance with the provisions of the Policy.\n\n\n \nThe deadline for notice to Altiplano in the case of an annual meeting of shareholders is not less than 55 days prior to the date of the annual meeting of shareholders; provided, however, that in the event that the annual meeting of shareholders is to be held on a date that is less than 65 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.\n\n\n \nIn the case of a special meeting (which is not also an annual meeting) of shareholders called for the purpose of electing directors (whether or not called for any other purposes), the deadline for notice to Altiplano is no later than the close of business on the 15th day following the day on which the first public announcement of the date of ...