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Alvopetro Announces Annual General and Special Meeting, Share Restructuring and Small Lot Buyback
Alvopetro Announces Annual General and Special Meeting, Share Restructuring and Small Lot...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n \n \n \n Alvopetro Announces Annual General and Special Meeting, Share Restructuring and Small Lot Buyback\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\ntable p, #divContent table p\n{\nmargin: 0px;\nmargin-left: 3.8px;\nfont-size: 8pt !important;\nfont-family: Arial;\ncolor: black;\nmargin-right: 0pt;\n}\ntable th, #divContent table th\n{\nfont-weight: unset !important;\ntext-align: unset !important;\nvertical-align: unset !important;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n July 21, 2021\n \n /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF), (\"Alvopetro\", or the \"Company\") announces details of its upcoming Annual General and Special Meeting (the \"Meeting\"). The Meeting will be held on Thursday August 12, 2021, beginning at\n \n 2:00 pm\n \n . To proactively deal with the COVID-19 pandemic and to mitigate potential health and safety risks, the Meeting will be conducted\n \n via webcast\n \n . Alvopetro's management and directors believe this format will provide shareholders a safer opportunity to attend the Meeting given ongoing restrictions on travel and public gatherings as well as health concerns. The Management Information Circular (the \"Circular\") and all related meeting materials are now available on our website and\n \n www.sedar.com\n \n .\n \n \n At the Meeting, shareholders will be asked to vote on the usual annual general meeting matters, including the election of directors (each of which is a current director of the Company), the appointment of auditors, and the re-approval of the stock option plan. In addition, shareholders will be asked to consider two special resolutions, as further detailed below and in the Circular.\n \n \n \n Special Resolution – Share Restructuring and Small Lot Buyback\n \n \n \n At the Meeting, shareholders will be asked to consider a special resolution to approve a plan of arrangement (the \"Arrangement\"), which will provide for a share restructuring and small lot buyback pursuant to which the Company will:\n \n \n \n complete a consolidation of the issued and o...