Vancouver, British Columbia--(Newsfile Corp. - February 2, 2015) - Avanti Energy Inc. (TSXV: AVN) (“the Company”) announces that at the Company’s recent annual and special general meeting (the “Meeting”) held on December 22, 2014, the shareholders were asked to consider and approve a resolution to amend the Company’s Articles to include advance notice provisions relating to the nomination of individuals for election of directors.
The purpose of the Advance Notice Provision is to provide shareholders, directors and management of the Company with direction on the procedure for a shareholder’s nomination of directors. The Advance Notice Provision is the framework by which the Company seeks to fix a deadline by which holders of record of common shares of the Company must submit nominations for director to the Company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form in order for any director nominee to be eligible for election at any annual or special meeting of shareholders.
It was resolved by the shareholders at the Meeting, to adopt the amendment of the Company’s Articles to include the Advance Notice Provision. The Company confirms that it will be making an application to the TSX Venture Exchange for its approval to alter the Articles to include the Advance Notice Provision.
For more information, please visit www.avantienergy.com.
For more information regarding the Company please contact Kirk Gamley, corporate communications, at 604-689-7422.
“Douglas E. Ford”
CFO
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