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Panoro Minerals Adopts Advance Notice Provision

VANCOUVER , June 26, 2014 /CNW Telbec/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) ...

articlePanoro Minerals Ltd.June 26, 20144/company/panoro-minerals-ltd/news/panoro-minerals-adopts-advance-notice-provision
Panoro Minerals Adopts Advance Notice Provision

About this update from Panoro Minerals Ltd.

[{"type":"text","content":"\n\n\nVANCOUVER, June 26, 2014 /CNW Telbec/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) (Frankfurt: PZM) (\"Panoro\", the \"Company\")\n announces that the Company has altered its Articles to include advance\n notice provisions relating to the nomination of individuals for\n election of directors.  These provisions are designed to: (i)\n facilitate orderly and efficient shareholder meetings at which\n directors are to be elected; (ii) ensure that all shareholders,\n including those participating in a shareholders' meeting by proxy\n rather than in person, receive adequate notice of all director\n nominations and sufficient information with respect to all nominees;\n and (iii) allow shareholders to register an informed vote.  This\n alteration of the Company's Articles was approved by shareholders at\n the Company's annual and special general meeting held on June 24, 2014.\n\n\nA more detailed discussion of the advance notice provision is contained\n in the Company's management information circular dated May 20, 2014\n prepared in conjunction with the annual and special general meeting, a\n copy of which is available for review on Sedar at www.sedar.com.\n\n\nAbout Panoro\n\n\nPanoro is advancing its significant portfolio of copper and gold\n projects in the key Andahuaylas-Yauri belt in south central Peru,\n including its advanced stage Cotabambas Copper-Gold-Silver-Molybdenum\n and Antilla Copper-Molybdenum Projects.\n\n\nSince 2007, the company has completed over 70,000 m of exploration\n drilling at these two key projects leading to the delineation of\n mineral resources in late 2013 of:\n\n\n\n\n\n\n\nCotabambas:\n\n\n \n\n\nIndicated Resource 117.1 Mt @ 0.42% Cu, 0.23g/t Au, 2.74 g/t Ag &\n 0.001%Mo (@0.2% Cueq cutoff)\nInferred Resource 605.3 Mt @ 0.31% Cu, 0.17g/t Au, 2.33 g/t Ag and 0.002\n %Mo (@0.2% Cueq cutoff)\n(Tetra Tech, 2013).\n\n\n\n\nAntilla:\n\n\n \n\n\nIndicated Resource 188.5 Mt @ 0.40% Cu and 0.009% Mo (@0.2% Cueq cutoff)\nInferred Resource 145.9 Mt @ 0.28% Cu and 0.009%Mo (@0.2% Cueq cutoff)\n(Tetra Tech, 2014).\n\n\n\n\n\n\n\n\nPanoro continues its exploration and drilling at the Cotabambas project\n while a Preliminary Economic Assessment (PEA) is underway by AMEC\n Americas Ltd.  The PEA is due for completion in mid 2014.  The already\n significant resource, together...

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