TSXV: SYR.H
VANCOUVER, Dec. 19, 2013 /CNW/ - Sky Ridge Resources
Ltd. (the "Company") announces that its shareholders voted to
adopt amendments to the Company's Articles to include advance
notice provisions at its Annual General Meeting held on
December 5, 2013 (the "Advance Notice
Provisions").
The Advance Notice Provisions include, among other things, a
provision that requires advance notice be given to the Company in
circumstances where nomination of persons for election to the Board
are made by shareholders of the Company.
The Advance Notice Provisions set a deadline by which
shareholders must submit nominations (a "Notice") for the election
of directors to the Company prior to any annual or special meeting
of shareholders. The Advance Notice Provisions also set forth
the information that a shareholder must include in the Notice to
the Company, and establish the form in which the shareholder must
submit the Notice for that notice to be in proper written form.
In the case of an annual meeting of shareholders, a Notice must
be provided to the Company not less than 30 days and not more than
65 days prior to the date of the annual meeting. However, 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, a Notice
must be provided to the Company not later than the close of
business on the 10th day following such public announcement.
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.
A copy of the Company's amended Articles containing the Advance
Notice Provisions is available under the Company's profile on SEDAR
at www.sedar.com.
The Company further reports that pursuant to the
Company's Stock Option Plan and upon receiving disinterested
shareholder approval, a total of 2,629,999 stock options previously
granted to insiders, charitable organizations and consultants of
the Company have been re-priced at C$0.05 per share, subject to regulatory
approval. Except for the price changes, all original terms
pertaining to the option agreements will remain in effect.
ON BEHALF OF THE BOARD OF DIRECTORS
OF SKY RIDGE RESOURCES LTD.
"Jeff Durno"
DIRECTOR
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 NEWS
RELEASE
SOURCE Sky Ridge Resources Ltd.