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by Mike Caswell

Ximen Mining Corp. is facing a case in the Supreme Court of British Columbia from a group of dissidents who claim that they were unfairly prevented from voting their shares at the company's annual general meeting. The group says that Ximen delayed converting debentures so as to prevent them from voting. The petition seeks an order for a new AGM, among other things.

The allegations are contained in a petition filed at the Vancouver courthouse on Sept. 20, 2017. The petition was filed by a group led by Robert Allan Slaughter. The respondents are Ximen and five members of its board.

The complaints of the group centre on the company's 2017 AGM. Mr. Slaughter claims that he and the other debentureholders attempted to convert $800,000 worth of debentures into 15.8 million shares ahead of the meeting. He says that they gave notice of their intention just days after the company gave notice of its AGM.

The events that followed, at least according to Mr. Slaughter, were unfairly prejudicial. The company set the record date for the meeting as Jan. 3, 2017. This meant that any shares issued after that date would be unable to vote. Ximen then issued the shares to Mr. Slaughter and the other debentureholders the next day, Jan. 4, 2017, denying them the chance to vote. "This was done deliberately in order to disenfranchise the Petitioners and prevent them from voting the shares ... at the AGM," the petition states.

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