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Kulwant Malhi and BullRun Capital Obtain Court Order to Solicit Proxies and Announce Shareholder Nominees to Replace GrowMax Board
Kulwant Malhi and BullRun Capital Obtain Court Order to Solicit Proxies and Announce Share...
About this update from Coloured Ties Capital Inc
[{"type":"text","content":"\n\n\n\nKulwant Malhi and BullRun Capital Obtain Court Order to Solicit Proxies and Announce Shareholder Nominees to Replace GrowMax Board\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\nCanada NewsWire\nVANCOUVER, Aug. 31, 2018\n\n\n\nVANCOUVER, Aug. 31, 2018 /CNW/ - Kulwant Malhi and BullRun Capital Inc. (the \"Concerned Shareholders\") announced today, that the Concerned Shareholders received an exemption order from the Alberta Securities Commission (the \"Order\") which permits the Concerned Shareholders to solicit proxies by broadcast, speech or publication without sending an information circular to each GrowMax Resources Corp. (\"GrowMax\" or the \"Corporation\") (GRO:TSX-V) shareholder. The Order also permits the Concerned Shareholders to make non-public solicitations to not more than 15 GrowMax shareholders.  The Concerned Shareholders intend to file and mail a dissident proxy circular in the days to follow in order to provide shareholders of GrowMax with a choice.\n\nThe Concerned Shareholders hold in aggregate 28,211,000 common shares of GrowMax, representing more than 13% of the outstanding shares of the Corporation.\n\nDirector Nominees\n\nThe Concerned Shareholders are also pleased to announce their proposed board of director nominees for the Corporation's upcoming annual and special meeting currently scheduled for September 25, 2018 -  Kulwant (Kal) Malhi, Alfred Wong, Michael Sadhra and Bala Pratap Reddy Udumala (Pratap Reddy), to serve as directors of the Corporation (the \"Concerned Shareholder Nominees\"). The Concerned Shareholder Nominees have complementary backgrounds and experiences needed to steer GrowMax forward in the right direction.\n\n\nKal Malhi: Mr. Malhi is a Canadian entrepreneur, businessman and retired member of the Royal Canadian Mounted Police. He is the Founder, Director and Chairman of Bullrun Capital Inc. and has been instrumental in raising capital for various projects totalling in excess of $150 million dollars since 2008. Mr. Malhi specializes in working with academia and advances in technology and funded academi...