Business

CANASIA ENERGY CORP. - 2023 ANNUAL MEETING

CANASIA ENERGY CORP. - 2023 ANNUAL MEETING Canada NewsWire CALGARY, AB ...

articleCanasia Energy CorpSeptember 21, 20234/company/canasia-energy-corp/news/canasia-energy-corp-2023-annual-meeting
CANASIA ENERGY CORP. - 2023 ANNUAL MEETING

About this update from Canasia Energy Corp

[{"type":"text","content":"\n \n \n \n CANASIA ENERGY CORP. - 2023 ANNUAL MEETING\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}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Sept. 21, 2023\n \n \n /CNW/ - CanAsia Energy Corp. (\"CanAsia\") (TSXV: CEC) announced today that its directors intend to amend By-Law No. 1 of the Corporation to reduce the quorum requirement for a shareholder meeting from 25% to 10%. The amendment is expected to occur immediately before the annual meeting of shareholders scheduled to commence in\n \n Calgary\n \n at 9:00 a.m. tomorrow,\n \n Friday, September 22, 2023\n \n . The amendment will have immediate effect. Shareholders will then be asked to confirm the amendment at the meeting. It is anticipated that such confirmation will be obtained.\n \n \n \n \n \n \n \n \n \n The amendment is necessary to ensure that the meeting, and future meetings of shareholders as required, may proceed. The deadline for submission of proxies for the meeting was\n \n 9:00 a.m.\n \n (\n \n Calgary\n \n time) on\n \n Wednesday, September 20\n \n . At that time, proxies representing 11,629,355 (23.35%) of CanAsia's 49,793,907 issued and outstanding common shares had been submitted. The proxy submission deadline has been extended to\n \n 3:00 p.m.\n \n (\n \n Calgary\n \n time) today,\n \n Thursday, September 21\n \n . It is unlikely that enough additional proxies to bring the total shares voted to 25% or more will be submitted by the extended deadline.\n \n \n An updated CanAsia corporate presentation will be posted on the Corporation's website at\n \n www.canasiacorp.com\n \n after the shareholder meeting on\n \n September 22, 2023\n \n .\n \n \n \n CanAsia is a\n \n Calgary, Alberta\n \n based oil and gas company with operations\n \n \n in\n \n Western Canada\n \n .\n \n \n \n \n This press release contains forward-looking information. Forward-looking information is generally identifiable by the terminology used, such as \"expect\", \"believe\", \"estimate\", \"should\", \"anticipate\" and \"potential\" or other similar wording. Forward-looking information i...

More updates from Canasia Energy Corp