Caldera Resources Inc.

Caldera Resources Inc.

April 03, 2007 10:22 ET

Caldera Adopts Shareholder Rights Plan

SOUTH PERTH, WESTERN AUSTRALIA--(CCNMatthews - April 3, 2007) - Caldera Resources Inc. (TSX:CDR) ("Caldera" or the "Company") is pleased to announce that its Board of Directors has adopted a shareholder rights plan (the "Rights Plan") designed to encourage the fair and equal treatment of shareholders in connection with any take-over bid for the outstanding securities of the Company. The Rights Plan provides the Board of Directors with additional time to assess the advantages and disadvantages to any particular offer and to seek out alternative proposals in the best interests of all shareholders.

Caldera has not adopted the Rights Plan in response to any specific proposal to acquire control of its outstanding shares. The Rights Plan is similar to plans adopted by other Canadian companies and ratified by their shareholders. It is not the intention of the Rights Plan to entrench management or prevent a change of control of Caldera to the detriment of shareholders. The Rights Plan does not apply to take-over bids that meet certain requirements including that the bid be made by way of a take-over bid circular and be left open for at least 60 days so as to ensure that shareholders have an adequate opportunity to assess the merits of the bid.

The Rights Plan has been conditionally accepted by the Toronto Stock Exchange subject to obtaining shareholder approval before September 27, 2007. The Company will be seeking shareholder ratification of the Rights Plan at its next Annual and Special meeting anticipated to be held in June of 2007. If ratified, the Rights Plan will have an initial term which expires at the annual meeting of shareholders of Caldera to be held in 2010, and may be extended for a second term lasting until the annual meeting of shareholders to be held in 2013. A copy of the Rights Plan will be available for viewing on SEDAR at, and can also be obtained from Caldera.


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Caldera, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Caldera's expectations are exploration risks detailed herein and from time to time in the filings made by Caldera with securities regulations.

Canada Australia

Suite 3100 1 Charles Street
40 King Street West Suite 8
Toronto. Ontario. M5H 3Y2 South Perth. Western Australia. 6151
Telephone: 416-865-6605 Telephone: 011-618-9367-7728
Facsimile: 416-865-6636 Facsimile: 011-618-9367-7705
Website: E-mail:

Cusip: 1287D 105

Contact Information

  • Caldera Resources Inc.
    Chris Reindler
    +61-8-9367-7705 (FAX)
    Caldera Resources Inc.
    Robert Levitt
    Investor Relations
    (514) 242-1852