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Orefinders Resources Inc. (TSXV:ORX) announced the approval and adoption by its Board of Directors of an advance notice policy. The Policy provided shareholders, directors and management of the Company with a clear framework for nominating directors of the Company.
As quoted in the press release:
The Policy, among other things, includes 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. No person will be eligible for election as a director of the Company unless nominated in accordance with the Policy.
Click here to read the Orefinders Resources Inc. (TSXV:ORX) press release
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