Listed: TSX, NYSE
Symbol: POT
SASKATOON, Feb. 25, 2015 /PRNewswire/ - Potash Corporation
of Saskatchewan Inc. (PotashCorp) announced today that the
following materials for the fiscal year ended December 31, 2014 are now available on the
company's website at www.potashcorp.com.
- Annual Report on Form 10-K
- 2014 Annual Integrated Report
(includes Management's Discussion & Analysis and Audited
Consolidated Financial Statements)
- 2015 Management Proxy Circular
PotashCorp has filed the Annual Report on Form 10-K and related
materials with securities regulators and it is available on the
EDGAR section of the U.S. Securities and Exchange Commission's
website at www.sec.gov. It will also be available on the Canadian
Securities Administrators' website at www.sedar.com.
The company's audited financial statements can be downloaded
from the PotashCorp website. Upon request, hard copies will be
provided free of charge to security holders and can be ordered
online or by contacting the company's investor relations department
at:
Potash Corporation of Saskatchewan Inc.
Suite 500 – 122 1st Avenue South
Saskatoon, SK Canada
S7K 7G3
ir.potashcorp@potashcorp.com
PotashCorp also announced that its Board of Directors have
adopted certain amendments to the company's General By-Law. The
amendments were adopted in light of evolving governance practices,
and provide for:
- the adoption of advance notice requirements for nominations of
directors by shareholders (Advance Notice Requirement);
- an increase to the quorum requirement for meetings of
shareholders to two or more persons holding or representing not
less than thirty three and a third percent (33.33%) of the total
number of issued shares having voting rights;
- elimination of the Chair being entitled to a second or casting
vote in the event of equal votes at a meeting of shareholders;
and
- explicit authorization for the company to send by electronic
means notices and other documentation to shareholders, including
materials relating to future meetings of shareholders, where
permitted by law, by way of "notice-and-access".
In particular, the Board believes the Advance Notice Requirement
provides a clear and transparent process for all shareholders who
intend to nominate directors at a shareholders' meeting, by
providing a reasonable timeframe for shareholders to notify the
company of their intention to nominate directors (in the case of an
annual meeting of shareholders, not less than 30 before the date of
the meeting) and by requiring nominating shareholders to disclose
information concerning the proposed nominees. The Board will be
able to evaluate the proposed nominees' qualifications and
suitability as directors and respond as appropriate in the best
interests of the company.
The by-law amendments are effective immediately. Shareholders of
PotashCorp will be asked to ratify and confirm them at the next
meeting of shareholders currently scheduled to be held on
May 12, 2015, as required by the
Canada Business Corporations Act. The full text of the
General By-Law (as amended) will be filed under PotashCorp's
profile at www.sedar.com, will be available on the EDGAR section of
the U.S. Securities and Exchange Commission's website at
www.sec.gov and is now available on the company's website. A
summary of the by-law amendments, as well as the full text of the
General By-Law (as amended), can also be found in the company's
2015 Management Proxy Circular.
PotashCorp is the world's largest integrated fertilizer and
related industrial and feed products company by capacity and plays
an integral role in global food production. PotashCorp is the
world's largest producer, by capacity, of potash and one of the
largest producers of nitrogen and phosphate. These three essential
nutrients are required to help farmers grow healthier, more
abundant crops. With the global population rising and diets
improving in developing countries, these nutrients offer a
responsible and practical solution to meeting the long-term demand
for food. While agriculture is its primary market, the company also
produces products for animal feed and industrial uses. Common
shares of Potash Corporation of Saskatchewan Inc. are listed on the
Toronto Stock Exchange and the New York Stock Exchange.
SOURCE Potash Corporation of Saskatchewan Inc.