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Wellgreen Platinum Announces Mailing of Information Circular and Reconstitution of Board Committees
Wellgreen Platinum Announces Mailing of Information Circular and Reconstitution of Board C...
About this update from Nickel Creek Platinum Corp.
[{"type":"text","content":"\n\n\n\nWellgreen Platinum Announces Mailing of Information Circular and Reconstitution of Board Committees\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nWellgreen Platinum Announces Mailing of Information Circular and Reconstitution of Board Committees\nCanada NewsWire\nVANCOUVER, April 12, 2016\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\n\nVANCOUVER, April 12, 2016 /CNW/ - Wellgreen Platinum Ltd. (\"Wellgreen Platinum\" or the \"Company\") (TSX: WG; OTC-QX: WGPLF) announced that it has mailed a Notice of Meeting and Management Information Circular (the \"Information Circular\") dated April 11, 2016 (together, the \"Meeting Materials\") to its shareholders in respect of the shareholder meeting (the \"Meeting\") to be held at 10:00 a.m. (Vancouver time) on Tuesday, May 10, 2016 at the offices of Cassels Brock & Blackwell LLP, located at Suite 2200, HSBC Building, 885 West Georgia Street, Vancouver, British Columbia.\n\nCopies of the Meeting Materials are available under the Company's corporate profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com and on Wellgreen Platinum's website at www.wellgreenplatinum.com/2016meeting. The Information Circular contains information regarding the matter to be considered at the Meeting, being the approval of the second tranche (the \"Second Tranche\") of the Company's previously announced financing (the \"Private Placement\") with Electrum Strategic Opportunities Fund L.P. (\"Electrum\") and certain other existing shareholders.\n\nWellgreen Platinum intends to sell up to an additional 55,000,000 units (each, a \"Unit\") under the Second Tranche, of which 36,000,000 Units will be placed with Electrum, subject to the terms of the unit purchase agreement entered into between Electrum and the Company dated March 9, 2016.  The Units are comprised of one common share in the capital of the Company and one common share purchase warrant (a \"Warrant\"). Each Warrant will entitle its holder to purchase on...