Aben Resources Ltd.

TSX VENTURE : ABN
FRANKFURT : E2L
PINKSHEETS : ABNAF


Aben Resources Ltd.

December 19, 2013 14:14 ET

Aben Resources Adopts An Advance Notice Policy for Election of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 19, 2013) - Aben Resources Ltd. (TSX VENTURE:ABN)(FRANKFURT:E2L)(PINKSHEETS:ABNAF) announced today the approval and adoption by its board of directors (the "Board of Directors") of an advance notice policy (the "Policy") on December 19, 2013, which Policy, among other things, includes a provision that requires advance notice to the Company in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Act"); or (ii) a shareholder proposal made pursuant to the provisions of the Act.

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 days and not more than 65 days prior to the date of the annual meeting. If 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 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.

The Policy is effective as of the date it was approved. The full text of the Policy is available via SEDAR at www.sedar.com or upon request by contacting the Company at info@abenresources.com.

About Aben Resources:

Aben Resources Ltd. is a Canadian gold, silver, and uranium exploration company developing properties in the Yukon, NWT, and Saskatchewan's Athabasca Basin.

For further information on Aben Resources Ltd. (TSX VENTURE:ABN), visit our Company's web site at www.abenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT, President

Neither 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.

Contact Information

  • Aben Resources Ltd.
    James G. Pettit
    President
    604-687-3376 or Toll Free: 800-567-8181
    604-687-3119 (FAX)

    Aben Resources Ltd.
    Don Myers
    Corporate Communications
    604-687-3376 or Toll Free: 800-567-8181
    604-687-3119 (FAX)
    info@abenresources.com
    www.abenresources.com