Orsu Metals Corporation
TSX : OSU
AIM : OSU

Orsu Metals Corporation

May 29, 2015 02:00 ET

Orsu Metals Corporation: Notice of Annual Shareholder Meeting and Posting of Circular

LONDON, UNITED KINGDOM--(Marketwired - May 29, 2015) - Orsu Metals Corporation (TSX:OSU)(AIM:OSU), the London-based base and precious metals exploration and development company, today announces that the notice of its annual general meeting, a form of proxy and an accompanying management information circular of the Corporation dated May 19, 2015 (the "Information Circular") will be posted to holders of common shares of the Corporation ("Shareholders") today. In addition, the audited consolidated financial statements of the Corporation for the financial year ended 31 December 2014 have also been posted to Shareholders who have elected to receive in physical form.

The Information Circular contains a description of the matters (set out below) that Shareholders will be asked to vote upon at the forthcoming annual general meeting, to be held at the Corporation's offices at 1 Red Place, London, W1K 6PL, United Kingdom on June 22, 2015 at 11:00 a.m. (London time) (the "Meeting"):

1. to receive the audited consolidated financial statements of the Corporation for the financial year ended 31 December 2014 together with the report of the auditors thereon;
2. to appoint auditors for the Corporation for the ensuing year at a remuneration to be fixed by the directors of the Corporation;
3. to consider, and if deemed appropriate, pass a resolution to amend Regulation 9 of the Corporation's Articles of Association to reflect the adoption of the Corporation's majority voting policy in relation to the election of directors and to be consistent with the current regulatory requirements applicable to the Corporation, as described in further detail in the Information Circular;
4. to elect directors to the board of directors of the Corporation;
5. to consider, and if deemed appropriate approve, confirm and ratify all unallocated entitlements under the Corporation's stock option plan, as described in further detail in the Information Circular; and
6. to transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Shareholders are entitled to vote at the Meeting either in person or by proxy. Those who are unable to attend the Meeting are requested to read, complete, sign and mail the form of proxy in accordance with the instructions set out in the Information Circular and in the proxy.

A copy of the Information Circular, setting out full details of the resolutions to be put to Shareholders at the meeting and giving further details will soon be available on the Corporation's website (www.orsumetals.com) and on the Corporation's profile on SEDAR (www.sedar.com).

Contact Information

  • Orsu Metals Corporation
    Kevin Denham
    Chief Financial Officer and Company Secretary
    +44 (0) 20 7518 3999
    info@orsumetals.com
    www.orsumetals.com

    Canaccord Genuity Limited
    Henry Fitzgerald O'Connor or Chris Fincken
    +44 (0) 20 7523 8000

    Vanguard Shareholder Solutions
    + 1 604 608 0824