Homestake Resource Corp. Board Approves Advance Notice Policy for Director Nominations

Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) reported that its board of directors approved an advance notice policy to provide shareholders, directors and management of Homestake with a clear framework for nominating directors.

As quoted in the press release:

The Policy is designed to further Homestake’s commitment to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.

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