SPEY RESOURCES ADOPTS ADVANCE NOTICE POLICY
Vancouver, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") announces that the board of directors of the Company (the “Board”) has approved the adoption of an advance notice policy (the “Policy”) to provide shareholders, directors and management of Spey with a clear framework for nominating directors.
- Vancouver, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") announces that the board of directors of the Company (the “Board”) has approved the adoption of an advance notice policy (the “Policy”) to provide shareholders, directors and management of Spey with a clear framework for nominating directors.
- The Policy contains a provision that requires advance notice to Spey in circumstances where nominations of persons for election to the Board are made by shareholders of Spey.
- The Policy fixes deadlines by which shareholders of record of Spey must submit director nominations to Spey prior to any annual or special meeting of shareholders, and sets forth the information a shareholder must include in the notice to Spey for an effective nomination to occur.
- No person will be eligible for election as a director of Spey unless nominated in accordance with the provisions of the Policy.