Western Troy Announces Annual General Meeting to be Held May 1, 2013
(via Thenewswire.ca)
April 3, 2013, Toronto, Ontario - Western Troy Capital Resources (TSX Venture: WRY, US-OTC: WTCRF) (Western Troy or the Corporation) announced today it will hold its annual meeting of shareholders at 11:30 a.m. on Wednesday, May 1, 2013, at the Toronto Board of Trade, 77 Adelaide Street West, Toronto, Ontario. Among other administrative items, the following agenda items are to be put to a vote of the shareholders:
1)Existing Directors, Stanley Mourin, Milton Klyman, Edward Thompson, Steve Vaughan, Charles Stott, Nadim Wakeam, and Mel Williams are to be presented for election as board members of Western Troy for the coming year.
2)McGovern, Hurley, Cunningham, LLP, Chartered Accountants are to be presented for appointment as the auditors of the Corporation for the fiscal year ending November 30, 2013.
3)The Stock Option Plan of the Corporation is to be presented for approval.
4)The shareholders will be asked to vote to confirm amendments to the by-laws of the Corporation which were approved by the board of directors on March 28, 2013. The board of directors approved amendments to its by-laws to include advance notice provisions, the purpose of which is to require that advance notice be provided to the Corporation in circumstances where nominations of persons for election to the board of the Corporation are made by shareholders, other than pursuant to the requisition of a meeting or a shareholder proposal, in each case as made in accordance with the provisions of the Business Corporations Act (Ontario). Among other things the advance notice provisions fix a deadline by which shareholders must notify the Corporation of nominations of persons for election to the board and provides that the same information about the proposed nominee as one would have to include in a dissident proxy circular under applicable securities laws must be provided to the Corporation by the deadline. The amendment to the by-laws is effective as of the date it was approved by the board of directors of the Corporation, being March 28, 2013. The amendment will apply to the May 1, 2013, meeting, unless it is ultimately not confirmed by shareholders. For the May 1, 2013 meeting, any nomination by shareholders for a proposed director that is received by the Corporation on or before close of business on April 14, 2013, will be deemed to have been delivered on a timely basis.
After the formal portion of the meeting, Western Troy's CEO, Rex Loesby, will provide an update on Western Troy's activities.
About Western Troy: Western Troy's shares trade on the TSX Venture Exchange under the symbol WRY. Western Troy has 33,589,970 shares outstanding. More information on Western Troy can be found on its Website at www.westerntroy.com.
Forward Looking Statements: Statements in this release that are forward-looking reflect the Corporation's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Corporation's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on the information currently available; however actual results and events may vary significantly. The Corporation does not assume the obligation to update any forward-looking statement.
Neither 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 release
Contact Information:
Western Troy Capital Resources Inc.
Rex E. Loesby, CEO
Tel: 416-929-3268
Email: RexLoesby@aol.com
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