Adoption of Advance Notice Provisions
October 23, 2014: Kettle River Resources Ltd. (TSX-V: KRR) (the “Company”) announces that the Company held its 2014 Annual General and Special Meeting (the “Meeting”) in Vancouver, BC on October 1, 2014 with a record date of August 25, 2014.
The Company also announces that the Company has adopted the advance notice provisions (the “ANP”) by way of shareholder approval at the Company’s Meeting regarding nominations for the election of directors at meetings of shareholders. The ANP requires, among other things, advance notice to the Company in certain circumstances where a shareholder of the Company intends to nominate persons for election to the Board.
The ANP establishes deadlines by which a registered shareholder must submit to the Company prior to any annual or special meeting of shareholders at which directors are to be elected the names and certain other information on any proposed nominee.
The deadline for notice to the Company in the case of an annual meeting of shareholders is not less than 30 nor more than 65 days prior to the date of the annual meeting; provided, however, that in the event that the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.
The deadline for notice to the Company in the case of a special meeting of shareholders (which is not also an annual meeting), is not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.
The ANP is in effect and will apply to the next Annual General Meeting. The full text of the ANP is available on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
Ellen Clements, Director
For further information contact Ellen Clements at 1-800-856-3966.
“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.”