Business
Moneta proposes name change to Windjammer Gold Inc.
TIMMINS, ON, April 26, 2013 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETR...
About this update from Stllr Gold Inc.
[{"type":"text","content":"\n\n\n\n\n\nTIMMINS, ON, April 26, 2013 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (the\n \"Company\") has filed on SEDAR a management information circular (the \"Circular\")\n in connection with its annual and special meeting of shareholders to be\n held on May 21, 2013 at 10:00 a.m. (the \"Meeting\").\n\n\nThe purpose of the Meeting is to consider and approve, among other\n things, (i) a change of the Company's name to Windjammer Gold Inc.,\n (ii) the standard renewal of the Company's 2010 stock option plan, as\n amended and restated, and (iii) amendments to the Company's by-laws to\n increase quorum requirements for shareholder meetings and to add an\n advance notice requirement for nominations of directors by shareholders\n in certain circumstances, the particulars of which are set out in the\n Circular.\n\n\nIan C. Peres, President and CEO, said \"We are recommending that\n shareholders vote in support of all the resolutions to be considered at\n the Annual Meeting on May 21, 2013 including the name change to\n Windjammer Gold.  The 1.1Moz gold (indicated) and 3.2Moz gold\n (inferred) on our 100% owned Golden Highway has generated significant attention and the Board of Directors has\n determined that rebranding under a new name is in the best interests of\n the Company and its shareholders.  The proposed name Windjammer Gold reflects the importance of the extensive gold mineralization in, near,\n at depth and along strike of the Windjammer zones that form part our\n large and growing gold resource located east of Timmins, Ontario.\"\n\n\nAdvance Notice By-Law\nThe Board has adopted By-Law No. 2 that, among other things, contains\n provisions for advance notice provisions with respect to the nomination\n of directors by shareholders in certain circumstances. The purpose of\n the advance notice provisions is to facilitate an orderly and efficient\n process for shareholder meetings and ensure that all shareholders\n receive adequate notice of director nominations and sufficient time and\n information with respect to all nominees to make appropriate\n deliberations and register an informed vote.\n\n\nThe advance notice provisions fix a deadline by which shareholders must\n submit director nominations to the Company prior to any annual or\n special meeting of shareholders and sets forth the in...