Golden Hope Mines Adopts New By-Laws and Advance Notice Policy for future Shareholder Meetings
TSX VENTURE: GNH
Pink Sheets: GOLHF
MONTREAL, March 28, 2013 /CNW/ - Golden Hope Mines Limited (TSX VENTURE: GNH)(Pink Sheets: GOLHF) - Golden Hope Mines Limited ("the Company") would like to announce the
approval and adoption by its Board of Directors of new Company by-laws,
which include advance notice provisions. The purpose of the advance
notice provisions are to (i) facilitate an orderly and efficient annual
general or, where the need arises, special meeting, process, (ii)
ensure that all shareholders receive adequate notice of the director
nominations and sufficient information regarding all director nominees,
and (iii) allow shareholders to register an informed vote after having
been afforded reasonable time for appropriate deliberation.
The advance notice provisions, among other things, include a provision
that requires advance notice to the Company in certain circumstances
where nominations of persons for election to the Board of Directors are
made by shareholders of the Company. The Policy fixes a deadline by
which director nominations must be submitted to the Company prior to
any annual or special meeting of shareholders and sets forth the
information that must be included in the notice to the Company for the
notice to be in proper written form.
In the case of an annual meeting of shareholders, notice to the Company
must be made not less than 30 days nor more than 65 days prior to the
date of the annual meeting; provided, however, that in the event that
the annual meeting is to be held on a date that is less than 40 days
after the date (the "Notice Date") on which the first public
announcement of the date of the annual meeting was made, notice may be
made no later than the close of business on the tenth (10th) day following such public announcement.
In the case of a special meeting of shareholders, which is not also an
annual meeting, called for the purpose of electing directors (whether
or not called for other purposes), notice to the Company must be made
no later than the close of business on the 15th day following the day
on which the first public announcement of the date of the special
meeting was made.
The by-laws, including the advance notice provisions, are effective
immediately. The full text of the by-laws are available at www.sedar.com or upon request by contacting the Corporate Secretary, Sasha Asgary at
514-750-8218 or sasgary@goldenhopemines.com.
About Golden Hope Mines Limited:
Golden Hope Mines Limited is a mineral exploration company that seeks to
grow shareholder value through the acquisition, exploration and
development of potentially large-scale gold and base metal projects
suitable for underground and/or open-pit mining. The company's focus is
in southeastern Quebec, Canada. The company's claim blocks lie within
an area that extends approximately 100 kilometres along the
Appalachians of southern Quebec from near Ste-Lucie-de-Beauregard to
about 16 kilometres southwest of Beauceville. The Bellechasse-Timmins
gold deposit lies 5 kilometres southeast of St-Magloire within the
Bellechasse Belt an approximately 18 kilometre long mineralized area.
The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B,
Ascot/Road gold zones, and the 88 Diorite. The company is also looking
to develop the Champagne zone, a partially explored base metal and gold
deposit that lies within the Company's Bellechasse Belt claims. A
recently completed VTEM survey may identify other similar targets along
the horizon. The company is also working to develop other targets
within its claim blocks including the FSG gold and base metal target,
Chute du Bras, the LG showing, Moose Cliff, and Talon. For further
information on Golden Hope Mines Limited please visit www.goldenhopemines.com.Â
SOURCE: Golden Hope Mines Limited
For further information: Golden Hope Mines Limitedâ¨
Frank Candidoâ¨: President, Directorâ¨
Tel: 514-750-8218â¨
fcandido@goldenhopemines.com
info@goldenhopemines.comâ¨
www.goldenhopemines.com