VANCOUVER, Oct. 27, 2011 /CNW/ - JBZ Capital Inc. (TSX-V: JBZ) is pleased to announce that it held its Annual and Special General Meeting on October 25, 2010 (the "AGM"). At the AGM, the shareholders of the Company approved the following:
- Nigel Gellard, Peter Kozicz, Peter Ellery, Hugh Agro and Brent Lokash were re-elected, and Stephen Swatton was elected, as directors of the Company for the ensuing year;
- BDO Canada LLP were re-appointed as the auditors of the Company for the ensuing year; and
- The Company's "rolling" 10% stock option plan was adopted.
At the AGM, the shareholders, by special resolution, also approved a change of the Company's name from "JBZ Capital Inc." to "Strata Minerals Inc." The name change is subject to regulatory approval.
ON BEHALF OF THE BOARD OF DIRECTORS
"Nigel Gellard"
President, CEO
About JBZ and Strata
JBZ, through its wholly-owned subsidiary, Strata, is an emerging,
Australasia focused, agricultural nutrient company exploring for
commercial scale phosphate rock mineralization deposits. Armed with
the objectives of becoming a supplier to the global fertilizer industry
and generating wealth for its shareholders, Strata is currently
advancing five phosphate exploration projects in Western Australia and
Queensland and intends to broaden its focus to other agricultural
nutrients including potash and lime. For further information, please
refer to the Company's website at www.strataminerals.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.