Business
Kombat Copper implements plan to streamline corporate governance
VANCOUVER , Aug. 2, 2013 /CNW/ - Kombat Copper Inc. (the "Company") (TSX.V: KBT) announc...
About this update from Safi Silver Corp.
[{"type":"text","content":"\n\n\nVANCOUVER, Aug. 2, 2013 /CNW/ - Kombat Copper Inc. (the \"Company\")\n (TSX.V: KBT) announced today the implementation of a plan to streamline\n the Company's corporate governance structures to better serve its\n current needs and resources.\n\n\nAs an initial step, the Board unanimously resolved to reduce its size\n from seven directors to five and Messrs. Amish Patel and Michael Slater\n resigned from the Board upon the resolution becoming effective on\n August 1, 2013.\n\n\n\"We wish to thank Amish and Michael for their valuable insight and\n contributions at the Board level\", said Alexander Helmel, the Company's\n Chief Executive Officer.\n\n\nBoth Messrs. Patel and Slater will continue in their roles as officers\n of the Company: Mr. Patel remains the Company's Chief Financial Officer\n and Mr. Slater remains the Company's Corporate Secretary.\n\n\n\nCautionary Notes\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\nThis news release may contain forward-looking statements.  These\n statements include statements regarding the proposed use of proceeds.\n These statements are based on current expectations and assumptions that\n are subject to risks and uncertainties. Actual results could differ\n materially because of factors discussed in the management discussion\n and analysis section of our interim and most recent annual financial\n statements or other reports and filings with the TSX Venture Exchange\n and applicable Canadian securities regulations.  We do not assume any\n obligation to update any forward-looking statements, except as required\n by applicable laws.\n\n\nThis news release does not constitute an offer to sell or a solicitation\n of an offer to buy any of the securities in the United States.  The\n securities have not been and will not be registered under the United\n States Securities Act of 1933, as amended (the \"1933 Act\"), or any\n state securities laws and may not be offered or sold within the United\n States or to, or for the account or benefit of U.S. persons (as defined\n in Regulation S under the 1933 Act) absent such registration or an\n applicable exemption from such registration requirements.\n\nSOURCE: Komb...