Crosshair reports delay of AGM to December 18, 2009

email Email  Print Print  
Fri, Nov 6, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Crosshair Exploration & Mining Corp. reports that it has received Toronto Stock Exchange approval to hold its annual general meeting on December 18, 2009.

Crosshair was evaluating several transactions that may have required shareholder approval and chose to delay the holding of its AGM rather than incur the costs of holding multiple shareholder meetings in short succession. The Company has procured a suitable transaction in the previously announced concurrent private placements with Byron Securities Limited of up to $4 million (which does not require shareholder approval) and subsequent to the announcement of this transaction the Company set its AGM date as December 18, 2009. The Company was of the view that the potential cost savings to the Company benefited shareholders more than having its AGM within six months of the Company’s year end.

For complete details of this press release, click this link.

To view  Crosshair’s company profile, click here.

Follow developments in uranium mining and exploration for free.

Sign on to the Uranium Investing Newsletter.

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Leave a Comment

What is Uranium Investing News' Comment Policy?
Uranium Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

  • Are abusive, off-topic, use excessive foul language
  • Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
  • Contain racist, sexist, homophobic and other slurs
  • Are solicitations and/or advertising for personal blogs and websites
  • Thread spamming (you've posted this same comment elsewhere on the site)
  • Are posted with the explicit intention of provoking other commenters or the staff at Uranium Investing News
  • Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.
Asides

  • Conferences and Trade Shows: For more information on the uranium market and companies, add the U2009 Global Uranium Symposium conference May 9-13, 2009 in Keystone, CO to your calendar.  Other shows include: Cambridgehouse, IIC, Chicago Resource Expo

  • The Uranium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

  • u3o8.biz Database of Uranium Companies/Uranium Stocks: A comprehensive list of uranium companies including: Trading Symbol, Share Price, Market Cap, Resource, Land Holdings, and Market Cap / U3O8 lbs

  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

Information