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Zazu Metals Corporation (TSX:ZAZ) announced that its board of directors has approved and adopted by-law amendments to include advance notice provisions. The advance notice provision has the purpose of providing a clear framework for nominating directors. Directors and Management also exercised 2.285 million options.
Zazu Metals Corporation (TSX:ZAZ) announced that its board of directors has approved and adopted by-law amendments to include advance notice provisions. The advance notice provisions have the purpose of providing a clear framework for nominating directors. Also, directors and management have exercised 2.285 million options.
As quoted in the press release:
The proceeds from the exercise of the options were C$685,500. As of March 31, 2014, Zazu has 47,909,051 shares outstanding and US$1.6 million in cash.
Click here to read the Zazu Metals Corporation (TSX:ZAZ) press release
Click here to see the Zazu Metals Corporation (TSX:ZAZ) profile.
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