Western Troy Holds Annual General Meeting of Shareholders
(via Thenewswire.ca)
May 3, 2013, Toronto, Ontario - Western Troy Capital Resources (TSX
Venture: WRY, US-OTC: WTCRF) (Western Troy or the Corporation)
announced today it held its annual meeting of shareholders at 11:30
a.m. on Wednesday, May 1, 2013, at the Toronto Board of Trade. Among
other administrative items, the following agenda items were put to a
vote of the shareholders:
1) Existing Directors, Milton Klyman, Edward Thompson, Steve
Vaughan, Charles Stott, Nadim Wakeam, and Mel Williams were elected as
board members of Western Troy for the coming year.
2) McGovern, Hurley, Cunningham, LLP, Chartered Accountants
were appointed as the auditors of the Corporation for the fiscal year
ending November 30, 2013.
3) The Stock Option Plan of the Corporation was approved.
4) The shareholders confirmed amendments to the by-laws of the
Corporation which were approved by the board of directors on March 28,
2013. The board of directors approved amendments to its by-laws to
include advance notice provisions, the purpose of which is to require
that advance notice be provided to the Corporation in circumstances
where nominations of persons for election to the board of the
Corporation are made by shareholders, other than pursuant to the
requisition of a meeting or a shareholder proposal, in each case as
made in accordance with the provisions of the Business Corporations
Act (Ontario). Among other things the advance notice provisions fix a
deadline by which shareholders must notify the Corporation of
nominations of persons for election to the board and provides that the
same information about the proposed nominee as one would have to
include in a dissident proxy circular under applicable securities laws
must be provided to the Corporation by the deadline. The amendment to
the by-laws is effective as of the date it was approved by the board
of directors of the Corporation, being March 28, 2013.
After the formal portion of the meeting, Western Troy's CEO, Rex
Loesby, provided an update on Western Troy's activities and plans for
the future.
About Western Troy: Western Troy's shares trade on the TSX Venture
Exchange under the symbol WRY. Western Troy has 33,589,970 shares
outstanding. More information on Western Troy can be found on its
Website at www.westerntroy.com.
Forward Looking Statements: Statements in this release that are
forward-looking reflect the Corporation's current views and
expectations with respect to its performance, business, and future
events. Such statements are subject to various risks and assumptions,
some, but not necessarily all, are disclosed elsewhere in the
Corporation's periodic filings with Canadian securities regulators.
Such statements and information contained herein represent
management's best judgment as of the date hereof based on the
information currently available; however actual results and events may
vary significantly. The Corporation does not assume the obligation to
update any forward-looking statement.
Neither 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
Contact Information:
Western Troy Capital Resources Inc.
Rex E. Loesby, CEO
Tel: 416-929-3268
Email: RexLoesby@aol.com
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