Business
Golden Hope Mines Board Responds to the Takefman News Release
TSX VENTURE: GNH Pink Sheets: GOLHF MONTREAL , Nov. 5, 2013 /CNW/ - Gol...
About this update from Delta Resources Limited
[{"type":"text","content":"\n\n\n\n\n\nTSX VENTURE: GNH\n\n\nPink Sheets: GOLHF\n\n\nMONTREAL, Nov. 5, 2013 /CNW/ - Golden Hope Mines Limited (TSXV: GNH)(Pink Sheets: GOLHF) - The Board of Directors of Golden Hope Mines Ltd. (TSX-V:GNH, or \"the\n Company\") has chosen to issue its own press release in response to Mr.\n Takefman's comments, allegations and misrepresentations.  The Company\n complies with the disclosure requirements for reporting issuers of\n publicly listed Canadian corporations.\n\n\nThe Company wishes to assure its Shareholders that it believes that it\n is in full compliance with National Instrument 51-102, \"Continuous\n Disclosure Obligations, National Policy 51-201, \"Disclosure Standards\",\n and National Instrument 58-101, \"Disclosure of Corporate Governance\n Practices\", which require that the Company disclose any Officer or\n Director positions in reporting issuers, or their equivalent in foreign jurisdictions, which are held by its own Officers or Directors.\n\n\nThe Company's management are independent contractors and provide\n management services to the Company as disclosed in the regulatory\n filings on SEDAR.  The Company has made no representations that either\n Mr. Candido, nor any of its Officers or Directors, are solely engaged\n in the management of the business affairs of Golden Hope Mines Ltd. Mr.\n Candido's role as a business and financial consultant was fully\n disclosed to the Board. Mr. Boivin's role as consulting CFO was also\n disclosed to the Board. As disclosed, Mr. Candido and Mr. Boivin are\n both independent consultants providing management services to the\n Company.\n\n\nThe Board wishes to clearly express its support of its Chairman of the\n Board, Mr. Robert Stocks, whose decades of experience in corporate law\n have prepared him to lead the Company with respect to corporate\n governance. The Board adheres to strict policies of governance, and all\n Directors are fully apprised of their fiduciary duties to the Company.\n Mr. Takefman's definition of Director's independence is inconsistent\n with those found in securities regulations. The Company relies on the\n definition of financial independence defined in Part 1 of National\n Instrument 52-110, \"Audit Committees.\"\n\n\nMr. Takefman misstates the information in the Company's most recent MD &\n A, filed to SEDAR on August 27, 2013, w...