TSX VENTURE: GNH
Pink Sheets: GOLHF
MONTREAL, March 28, 2013 /CNW/ - Golden Hope Mines
Limited (TSX VENTURE: GNH)(Pink Sheets: GOLHF) - Golden Hope
Mines Limited ("the Company") would like to announce the approval
and adoption by its Board of Directors of new Company by-laws,
which include advance notice provisions. The purpose of the advance
notice provisions are to (i) facilitate an orderly and efficient
annual general or, where the need arises, special meeting, process,
(ii) ensure that all shareholders receive adequate notice of the
director nominations and sufficient information regarding all
director nominees, and (iii) allow shareholders to register an
informed vote after having been afforded reasonable time for
appropriate deliberation.
The advance notice provisions, among other things, include 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 for the notice to be in proper written
form.
In the case of an annual meeting of shareholders, notice to the
Company must be made not less than 30 days 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 40 days after the date (the "Notice Date") on which the
first public announcement of the date of the annual meeting was
made, notice may be made no later than the close of business on the
tenth (10th) day following such public announcement.
In the case of a special meeting of shareholders, which is not
also an annual meeting, called for the purpose of electing
directors (whether or not called for other purposes), notice to the
Company must be made no 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 by-laws, including the advance notice provisions, are
effective immediately. The full text of the by-laws are available
at www.sedar.com or upon request by contacting the Corporate
Secretary, Sasha Asgary at
514-750-8218 or sasgary@goldenhopemines.com.
About Golden Hope Mines Limited:
Golden Hope Mines Limited is a mineral
exploration company that seeks to grow shareholder value through
the acquisition, exploration and development of potentially
large-scale gold and base metal projects suitable for underground
and/or open-pit mining. The company's focus is in southeastern
Quebec, Canada. The company's
claim blocks lie within an area that extends approximately 100
kilometres along the Appalachians of southern Quebec from near Ste-Lucie-de-Beauregard to about 16 kilometres
southwest of Beauceville. The
Bellechasse-Timmins gold deposit lies 5 kilometres southeast of
St-Magloire within the Bellechasse
Belt an approximately 18 kilometre long mineralized area. The
Bellechasse-Timmins gold deposit includes the T1, T2A, T2B,
Ascot/Road gold zones, and the 88 Diorite. The company is also
looking to develop the Champagne zone, a partially explored base
metal and gold deposit that lies within the Company's Bellechasse
Belt claims. A recently completed VTEM survey may identify other
similar targets along the horizon. The company is also working to
develop other targets within its claim blocks including the FSG
gold and base metal target, Chute du Bras, the LG showing, Moose
Cliff, and Talon. For further information on Golden Hope Mines
Limited please visit www.goldenhopemines.com.
SOURCE Golden Hope Mines Limited