VANCOUVER, Sept. 2, 2014 /CNW/ - Curis Resources Ltd. ("Curis" or the
"Company") (TSX:CUV) announces that it has today filed at www.sedar.com a management information circular and related proxy materials in
furtherance of its annual general and special meeting of shareholders
(the "Meeting") to be held September 25, 2014 in Vancouver British
Columbia. The record date for shareholders entitled to vote at the
Meeting was August 5, 2014.
Proposed business for the Meeting includes: (i) the election of
directors of which six (6) nominees are proposed, three (3) of whom can
be considered "independent" directors - Rene Carrier, Gordon Fretwell
and James Kerr, and three are non-independent directors - David
Copeland (President and Chief Executive Officer) Russell Hallbauer
(Chairman of the Board), and Robert Schafer (geological services
provider); (ii) the reappointment of DeVisser Gray LLP, Chartered
Accountants, of Vancouver, British Columbia; (iii) consideration of
amendments to and the continuation of the Company's share option plan
(the Option Plan") for a period of three years; and (iv) consideration
of an slightly updated shareholder rights plan agreement which has
been adopted by the Board of Directors (the "Rights Plan", and together
with the Option Plan, the "Plans") to replace its existing shareholder
rights plan originally adopted in September 2011 and which, under its
terms, will expire on September 25, 2014. The Rights Plan is similar
to other such plans adopted by many Canadian companies and is not being
adopted in as a defensive tactic or in response to any unsolicited
proposal to acquire control of Curis. The Plans renewals are subject to
approval by the Toronto Stock Exchange. Please see www.SEDAR.com for
copies of the proposed form of Plans. A detailed description of the
Plans' terms and conditions are contained in the information circular
which will be mailed to shareholders in connection with the Meeting.
About Curis Resources Ltd.
Curis is focused on the acquisition, development and operation of
high-quality next generation copper properties in progressive
jurisdictions around the world. Its current goal is to advance the
100%-owned Florence Copper project to production through its subsidiary
Florence Copper Inc.
Curis is associated with Hunter Dickinson Inc. (HDI), a diversified
global mining company with a 25-year history of mineral development
success. Additional details on the Company are available at on the
website: www.curisresources.com.
About Florence Copper Inc.
Florence Copper is engaged in the final stages of permitting for a Phase
1 Production Test Facility ("PTF") for an in-situ copper recovery
project in Arizona, USA. The PTF includes a 24-well in-situ recovery
well field and a state of the art solvent extraction/electrowinning
plant that will produce copper cathode. The PTF will assist in the
demonstration of the science and safety of the in-situ process and
provide an opportunity for the public to fully engage and understand
this modern copper extraction technology. Concurrently, Florence
Copper would advance engineering, testwork, environmental studies and
permitting for Phase 2 commercial operations.
For more information about Florence Copper and its projected economic
impacts and benefits to the local community, please visit www.florencecopper.com. Sign up to receive project-level information at News and Updates.
The technical information in this news release has been reviewed and
approved by David Copeland, PEng, who is a qualified person that is not
independent of the Company.
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling,
exploitation activities and events or developments that the company
expects are forward-looking statements. Although the Company believes
the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially
from those in the forward-looking statements. Assumptions used by the
Company to develop forward-looking statements include the following:
the Florence Copper project will obtain all required environmental and
other permits and all land use and other licenses for construction of
the Production Test Facility and full commercial facilities, the
Florence Copper project will achieve targeted production levels;
studies and development of the Florence Copper project will continue to
be positive; contracted parties will provide goods and/or services on
the agreed timeframes; equipment necessary for construction and
development will be available and will not incur unforeseen breakdowns;
no material labour slowdowns or strikes will be incurred; plant and
equipment will function as specified; geological or financial
parameters will not necessitate future mine plan changes; and no
geological or technical problems will occur. Factors that could cause
actual results to differ materially from those in forward-looking
statements include fluctuations in market prices, exploitation and
exploration successes, continuity of mineralization, uncertainties
related to the ability to obtain necessary environmental, land use and
other permits, approvals, licenses and title on a timely basis and
delays due to third party opposition, changes in government policies
regarding mining and natural resource exploration and exploitation, the
final outcome of any lawsuits, the continued availability of capital
and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ
materially from those projected in the forward-looking statements. For
more information on the Company, investors should review the Company's
continuous disclosure filings that are available at www.sedar.com.
SOURCE Curis Resources Ltd.
<p> Susie Bell, Manager Investor Relations<br/> Tel: 604-684-6365<br/> Email: <a href="mailto:Susiebell@hdimining.com">Susiebell@hdimining.com</a> </p>