01:51:09 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Minera Alamos Inc
Symbol MAI
Shares Issued 5,907,079
Close 2014-08-15 C$ 0.10
Market Cap C$ 590,708
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Minera Alamos holders request special meeting

2014-08-20 15:44 ET - News Release

Mr. Christopher Berlet, concerned shareholder, reports

Concerned shareholders of Minera Alamos Inc., led by Thomas Toth and Christopher James Berlet, have formally requisitioned a special meeting of the shareholders of Minera. The purpose of the requisitioned meeting is to make changes to the board of directors of MAI and to nominate certain highly qualified nominees who will be proposed by the concerned shareholders.

The concerned shareholders have requested that the requisitioned meeting be held no later than Oct. 30, 2014. In addition, the concerned shareholders have requested in a letter to MAI, that prior to holding a shareholders meeting, management and the board of MAI not take any actions outside of the ordinary course of business, including the closing of the restructuring announced today.

The concerned shareholders and the number of MAI common shares held are as follows: Mr. Toth -- 585,682 common shares (9.915 per cent), Kathy Kumpula -- 211,651 common shares (3.58 per cent) and Mr. Berlet -- 181,533 (3.08 per cent). In addition, Mr. Berlet holds 5,700 options and 45,333 common share purchase warrants. The aggregate number of common shares held by the concerned shareholders is 978,866, or approximately 16.6 per cent of the issued and outstanding common shares, or 1,029,899 common shares and 17.4 per cent if Mr. Berlet's options and warrants are included.

The address for the concerned shareholders is suite 402, 121 Richmond St. West, Toronto, Ont., M5H 2K1. For further information, please refer to the early warning report to be posted on SEDAR, or contact Mr. Berlet at 416-525-6869.

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