Cache Exploration Corporate Update
March 28 2013 - 10:28AM
Access Wire
TORONTO, CANADA - March 28, 2013 - Mr. George A. Brown,
President and CEO of Cache Exploration Inc. (TSX-V:CAY) is pleased
to announce that the Company held the Annual and Special Meeting of
Shareholders on March 28, 2013 with 41.7% of issued and outstanding
shares represented in person or by proxy.
A motion was passed to elect five directors. The elected
directors are Mr. Jatinder (Jack) Bal, Mr. George A. Brown, Mr.
Driffield Cameron, Dr. David Lentz, and Ms. Asha Reeves.
Cache wishes to thank Mr. Adrian Van De Mosselaer for his
service as a director to the company. Mr. Van De Mosselaer chose
not to run for re-election, however, he has agreed to continue to
be available to the company on an as needed consulting basis.
DeVisser Gray LLP were re-appointed as auditors for the Company.
.
The existing 10% Rolling Stock Option Plan was re-approved.
A resolution was passed authorizing the Company to take all
steps necessary to consolidate the common shares of the Company on
the basis of one (1) new share for between each three (3) old
common shares and each five (5) old common shares with the
effective date of the share consolidation and the final ratio of
the share consolidation to be determined by the directors of the
Company. Not withstanding the passing of this resolution, the
directors are authorized to revoke this resolution at any time
prior to the resolution becoming effective.
Subsequent to the Annual and Special Meeting, the following
Officers were appointed:
Mr. George A. Brown - Chief Executive Officer and President
Ms. Carmen Yuen, C.P.A., - Chief Financial Officer
Additional information is available under the company's profile
at www.sedar.com and on the Cache website at
www.cacheexploration.com For additional information please contact
the Company at phone (416) 867-1101, fax (416) 867-1222 or by email
at info@cacheexploration.com
Neither The TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
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