Dacha Strategic Metals Inc. Announces Outcome of Annual and Special
Meeting of Shareholders
TORONTO, Nov. 28, 2012 /CNW/ - Dacha Strategic Metals Inc.
(TSX-V: DSM) (the "Company") announced today that at its annual and
special meeting, the Company's shareholders elected the following
seven individuals to the Company's board of directors: Jorge Bernhard, Tye W. Burt, Ian W. Delaney, G. Scott
Moore, Alastair Neill,
Peter H. Puccetti and Timothy E. Thorsteinson. At the initial
meeting of the reconstituted board following the completion of the
shareholders' meeting, Mr. Delaney was appointed Chairman of the
Board and Mr. Puccetti was appointed Chief Executive Officer.
Each of the other matters put before
shareholders, including those matters set out in a press release of
the Company issued earlier today, was also approved by shareholders
at the meeting.
About Dacha
Dacha Strategic Metals Inc. is an investment
company focused on the acquisition, storage and trading of
strategic metals with a primary focus on Rare Earth Elements. Dacha
is in the unique position of holding a commercial stockpile of
Physical Rare Earth Elements. Its shares are listed on the TSX
Venture Exchange under the symbol "DSM" and on the OTCQX exchange
under the symbol "DCHAF".
Except for statements of historical fact
relating to the Company, certain information contained herein
constitutes "forward-looking information" under Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements with respect to the Company's ability to
trade in rare earth elements, the realization value of the
Company's physical inventory portfolio, the proposed investment
strategy of the Company, general investment and market trends, and
the appointment of directors and officers of the Company.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are based on the opinions and estimates
of management as of the date such statements are made.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information. Although management of the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
Certain information on parties other than the
Company contained in this press release has been obtained or quoted
from publicly available sources, independent publications, media
articles or third party websites (collectively, the
"Publications"). In certain cases, these sources make no
representations as to the reliability of the information they
publish. Further, the analyses and opinions reflected in these
Publications are subject to a series of assumptions about future
events. There are a number of factors that can cause the results to
differ materially from those described in these publications. None
of the Company or its representatives independently verified the
accuracy or completeness of the information contained in the
Publications or assume any responsibility for the completeness or
accuracy of the information derived from these Publications.
NEITHER THE 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.
SOURCE Dacha Strategic Metals Inc.