Business
South Star Announces Special Meeting of Shareholders
(via TheNewswire) February 5 th , 2018 / TheNewswire / Vancouver, B.C. - South S...
About this update from South Star Battery Metals Corp
[{"type":"text","content":"South Star Announces Special Meeting of Shareholders(via TheNewswire)\n \n \nFebruary 5th, 2018 / TheNewswire / Vancouver, B.C. - South Star Mining Corp. (\"South Star\" or the \"Company\") (TSXV: STS.H) has announced the convening of a Special Meeting of the Company's shareholders (the \"Meeting\") which will be held on February 28th, 2018 in Vancouver.\n\n\n \nFurther to the proposed acquisition by the Company of the Santa Cruz Graphite pre-production project announced on October 23rd, 2017, in the Meeting the Company will solicit the adoption by its shareholders of special resolutions authorizing the amendment of its articles (the \"Articles\") to increase the number of Company directors to seven (7).\n\n\n \nModifications to the Articles to Allow the Addition of Directors\n\n\n \nThe shareholders will be asked to consider and, if deemed advisable, to approve, a special resolution, as provided in the Business Corporations Act (British Columbia), to authorize an amendment of the Company's Articles to authorize the directors to appoint three additional directors to hold office for a term expiring not later than the close of the annual shareholders meeting following their appointment.\n\n\n \nApprovals\n\n\n \nIn addition to the approval of these special resolutions by the Company's shareholders, these resolutions are also subject to the receipt of all required regulatory approvals, including those of the TSX Venture Exchange. In addition, notwithstanding whether these resolutions are passed by shareholders at the Meeting, the board of directors of the Corporation may choose not to implement the proposed amendments to the Articles at any time prior to the issuance of a Certificate of Amendment giving effect to the amendment of the Corporation's Articles of Incorporation, without further notice to or approval of the shareholders.\n\n\n \nMeeting Materials\n\n\n \nA Notice of Special Meeting, Information Circular and Proxy Form have been posted to the South Star website at http://southstarmining.com/shareholder-circulars/.\n\n\n \nAbout South Star Mining Corp.\n\n\n \nSouth Star Mining Corp. is focused on the acquisition and development of near-term mine production projects in Brazil to maximize shareholder value. The company is currently developing the Santa Cruz Graphite Project in the Bahia State, Brazil. To learn more, investo...