How Yeen Margaret Chow

November 15, 2005 11:30 ET

Special Meeting Called by Dissident Shareholders of Wex Pharmaceuticals

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2005) - Ms. How Yeen Margaret Chow today announced, on behalf of shareholders (the "Dissatisfied Shareholders") holding not less than 5% of the issued and outstanding shares of WEX Pharmaceuticals Inc., that the Dissatisfied Shareholders have called and hereby provide notice of a Special Meeting of shareholders of WEX to be held in Vancouver, British Columbia on January 12, 2006.

The purpose of the Special Meeting is to consider resolutions to remove all the existing directors of WEX and to elect the nominees of the Dissatisfied Shareholders in their place. The Dissatisfied Shareholders' nominees will be identified in a dissident proxy circular which will be forwarded to WEX shareholders in advance of the Special Meeting and in connection with the solicitation of proxies for the Special Meeting by the Dissatisfied Shareholders.

On October 21, 2005, Ms. Chow requested the directors of WEX to call a special meeting of shareholders for the aforementioned purposes. Under the Canada Business Corporations Act, if the directors do not within twenty-one days call a requisitioned meeting, the requisitioning shareholders may call the meeting. Accordingly, Ms. Chow, on behalf of the Dissatisfied Shareholders, has now called the Special Meeting.

Questions with respect to this matter should be directed to Ms. Chow's legal counsel, Cameron G. Belsher of Farris, Vaughan, Wills & Murphy LLP at 604-661-9326.

Contact Information

  • Farris, Vaughan, Wills & Murphy LLP
    Cameron G. Belsher
    (604) 661-9326