GGX GOLD BOARD OF DIRECTORS APPROVES THE ADOPTION OF AN ADVANCED NOTICE POLICY
GGX GOLD Board of Directors approves the adoption of an Advanced Notice Policy
Vancouver, British Columbia – April 20, 2017 – GGX Gold Corp (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce on April 19, 2017, the Company’s Board of Directors has approved the adoption of an Advance Notice Policy. The purpose of the policy is to provide shareholders, directors and management of the company with a clear framework for nominating directors.
Among other things, the policy includes a provision that requires advance notice to be given to the company in circumstances where nominations of persons for election to the board are made by shareholders of the company. The policy fixes a deadline by which director nominations must be submitted to the company prior to any annual or special meeting of shareholders, and sets forth the information that must be included in the notice to the company in order for a nominee to be eligible for election.
This Policy was approved and adopted by the Board on April 19, 2017(the “Effective Date”) and is and shall be effective and in full force and effect in accordance with its terms and conditions from and after such date. Notwithstanding the foregoing, if this Policy is not approved by ordinary resolution of shareholders of the Corporation present in person or voting by proxy at the next meeting of those shareholders validly held following the Effective Date, then this Policy shall terminate and be void and of no further force and effect following the termination of such meeting of shareholders.
The full text of the policy will be available on SEDAR.
On Behalf of the Board of Directors
Barry Brown, Director
Neither the 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.