FSC / Press Release
Sunridge Gold Adopts Advance Notice Policy
Vancouver, British Columbia CANADA, April 05, 2013 /FSC/ - Sunridge Gold Corp.
(SGC - TSX Venture, SGCNF - OTC Pink), ("Sunridge") has adopted a new policy
that requires advance notice to Sunridge for nominations of directors other than
by management, through a requisition for a meeting or by way of a shareholder
Among other things, the policy fixes a deadline by which holders of record of
common shares of the Company must submit director nominations to the Company
prior to any annual or special meeting of shareholders and sets forth the
information that a shareholder must include 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 nor more than 65 days prior to the date of the annual
meeting, provided 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 tenth day following such public
In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Company must be made 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 new policy is intended to: (i) facilitate an orderly and efficient annual
general or 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 policy is effective immediately and will be placed before Sunridge's
shareholders for approval at Sunridge's next annual general meeting of
Sunridge is a mineral exploration and development company focused on the
acquisition, exploration, discovery and development of base and precious metal
projects on the Asmara Project in Eritrea and exploration properties in
Madagascar. Sunridge currently has approximately 175 million shares
outstanding. Sunridge trades on the TSX Venture Exchange under the symbol SGC.
For additional information on the Company and its projects please view the slide
show on our website at www.sunridgegold.com or call Greg Davis at the number
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
For further information contact:
Greg Davis, VP Business Development
Tel: 604-688-1263 (direct)
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.
To view this press release as a PDF, please click on the following link:
Source: Sunridge Gold Corp. (TSX-V SGC) http://www.sunridgegold.com
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-0- Apr/05/2013 21:00 GMT
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