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Eco Oro Reschedules Annual General and Special Shareholders' Meeting, Amends Settlement Agreement and Obtains Loan
Eco Oro Reschedules Annual General and Special Shareholders' Meeting, Amends Settlement Ag...
About this update from Eco Oro Minerals Corp.
[{"type":"text","content":"\n\n\n\nEco Oro Reschedules Annual General and Special Shareholders' Meeting, Amends Settlement Agreement and Obtains Loan\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, Sept. 11, 2017\n\n\n\nVANCOUVER, Sept. 11, 2017 /CNW/ - Eco Oro Minerals Corp. (\"Eco Oro\" or the \"Company\") (TSX: EOM) announces that it has rescheduled the annual general and special meeting (the \"2017 Meeting\") of the holders of common shares of Eco Oro (the \"shareholders\") previously scheduled for September 26, 2017, that it has approved an amendment to the previously disclosed settlement agreement dated July 31, 2017 and that it has obtained a loan. \n\n2017 Meeting Rescheduled\n\nAs a result of recent amendments made to the settlement agreement entered into on July 31, 2017 (the \"Amended and Restated Settlement Agreement\"), which are outlined below, the board of directors (the \"Board\") has determined that it is in the best interests of the Company to reschedule the 2017 Meeting. The rescheduling of the 2017 Meeting is also possible due to an order obtained on August 28, 2017 from the Ontario Securities Commission (the \"OSC\"), which varied the April 23, 2017 order of the OSC by providing that the Company has until October 30, 2017 to comply with the April 23, 2017 order. \n\nThe 2017 Meeting has been rescheduled to be held on Tuesday, October 10, 2017 at 10:00 a.m. (Toronto time) at the offices of Norton Rose Fulbright Canada LLP, Royal Bank Plaza, South Tower, Suite 3800, 200 Bay Street, Toronto, Ontario M5J 2Z4. The record date for determining shareholders entitled to vote at the 2017 Meeting remains August 11, 2017.\n\nEco Oro intends to mail the notice of annual general and special meeting and management information circular, together with the other materials related to the 2017 Meeting and other proxy-related materials, to the shareholders of record on or about September 14, 2017.\n\nAmended and Restated Settlement Agreement\n\nThe Board has determined that it is in the best interest of the Company to approve certain amendments to the p...