Far Resources Ltd.

Far Resources Ltd.

November 06, 2013 17:45 ET

Far Resources Adopts Advance Notice Policy

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 6, 2013) - Far Resources Ltd. (CNSX:FAT) ("Far" or "the Company") announces that the Board of Directors of the Company has approved an Advance Notice Policy effective November 1, 2013, which will be presented to shareholders of the Company for ratification at the Company's annual general meeting on November 28, 2013.

The Advance Notice Policy includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company, other than pursuant to (i) a requisition of meeting or (ii) a shareholder proposal made pursuant to the provisions of the Business Corporations Act (British Columbia), in order for any director nominee to be eligible for election at any annual or special meeting of shareholders of the Company. Additionally, the Advance Notice Policy sets a deadline by which holders of common shares of the Company must submit director nominations to the Company prior to any annual or special meeting of shareholders, sets forth the information that a shareholder must include in the notice to the Company, and establishes 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, 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. 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, notice may be made not later than the close of business on the tenth 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 fifteenth (15th) day following the day on which the first public announcement of the date of the special meeting was made.

The full text of the Advance Notice Policy is available under the Company's profile on SEDAR at www.sedar.com.

About the Company

Far Resources Ltd. is an exploration company, publicly traded on the Canadian National Stock Exchange, focused on the identification and development of high potential mineral opportunities. To date, the Company has acquired two attractive projects in Northern British Columbia: the Silver Switchback and the Tchentlo. Both have returned encouraging gold, silver, and copper values.


Keith C. Anderson, President

The Canadian National Stock Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Contact Information

  • Far Resources Ltd.
    Keith Anderson