LAVAL, QC, Dec. 20 /CNW Telbec/ - ALERT B&C Corporation (the
"Corporation") (TSX Venture Exchange: ACB) announced today that its Board of
Directors has called an Annual and Special General Meeting of shareholders to
be held in Montreal on Friday, March 21, 2008.
The special meeting has been requested by Abionix Sarl represented by
Mrs. Claude Beaugrand and Frédéric Esplat (a director of the Corporation) and
Mr. Andrew McKinnon, President and CEO of BlastGard International Inc., and
President of Phoenix International, collectively holders of at least 5% of
ALERT B&C Corporation's common shares, to have ALERT B&C shareholders vote on:
- A resolution to replace all the ALERT B&C's current directors with
nominees of Mr. McKinnon and Abionix; and.
- To attend such other matters as may seem appropriate.
The Corporation is currently going through its annual audit for fiscal
year 2007, ended September 30, 2007.The directors have elected to hold the
special shareholders meeting at the same time as the annual general meeting in
order for the shareholders to benefit in their decision making process from
the most recent financial information and not duplicate shareholders meetings
which would result in undue cost for the Corporation.
This will also provide time for ALERT B&C to investigate all related
issues with respect to the request. If the Audited Financial Statements
thereon can be finalized sooner, the Board will consider moving the meeting
date to an earlier date. The record date for the meeting will be confirmed at
a later date. In all events, shareholders will receive formal notice of the
meeting and an information circular with all necessary documentation in
sufficient time to consider their decision.
About the Corporation
Founded in 1995, the Corporation is a BioDefence company dedicated to
supplying the BioDefence market with high quality technologies, products and
solutions, in order to improve and maintain the safety and the security of
individuals worldwide. For more information about the Corporation visit our
new website at www.alertbc.com.
This press release contains forward-looking statements, which reflect the
Corporation's current expectations regarding future events. The
forward-looking statements involve risks and uncertainties. Actual events
could differ materially from those projected herein. Investors should consult
the Corporation's quarterly filings and annual reports for additional
information on risks and uncertainties relating to these forward-looking
statements. The reader is cautioned not to rely on these forward-looking
statements. The Corporation disclaims any obligation to update these
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
For further information:
For further information: Investor relations: Dr. Suzanne L. Lebel,
Chairman, President & CEO, ALERT B&C Corporation, (450) 688-4499, Fax: (450)
688-9100, firstname.lastname@example.org; Media relations: Jean-Pierre Trudel, President,
Jean-Pierre Trudel & Associates Inc., (514) 347-6111, Fax: (514) 693-1253,