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Kent Exploration Inc. (TSX VENTURE:KEX) announced that the company has given notice of its Annual and Special General Meeting of the Company to be held in Vancouver at 10:00AM Vancouver time, on April 30, 2010.
Kent Exploration Inc. (TSX VENTURE:KEX) announced that the company has given notice of its Annual and Special General Meeting of the Company to be held in Vancouver at 10:00AM Vancouver time, on April 30, 2010.
The press release is quoted as saying:
The Proxy Circular is planned to be mailed to shareholders of record on March 26, 2010 whereby the Company will be seeking approval for, among other resolutions, the continuance of the Company into the Province of British Columbia and for a statutory procedure known as a Plan of Arrangement. The purpose of the Continuance and the Arrangement is to restructure the Company by separating the Gnaweeda Gold Property in Western Australia, on which a diamond drill program is currently underway, from its other mineral properties. The Gnaweeda Gold Property is held by Archean Star Resources Australia Pty Ltd, a wholly owned subsidiary of the Company. The Company believes this will be beneficial, as the separate identities created for each of Kent and Archean Star will maximize shareholder value in the Company’s diverse portfolio of mineral properties and facilitate future financings.
Click here to access the entire press release