Eco Oro Shareholders Commence Litigation to Block Outrageous Attempt At Entrenchment

TORONTO, March 22, 2017 /CNW/ - Courtenay Wolfe and Harrington Global Opportunities Fund Ltd., shareholders of Eco Oro Minerals Corp. (TSX: EOM) (the "Company") who requisitioned the April 25, 2017 shareholders' meeting (the "Meeting") for the purpose of reconstituting the Board of Directors of the Company, have today filed a petition with the British Columbia Supreme Court in order to prevent the further entrenchment of the Board of Directors which has no support from minority shareholders. The petition seeks various remedies including a holding that the 10,600,000 common shares issued to certain insiders by the Company on March 16, 2017 be cancelled or, alternatively, not allowed to be voted at the Meeting.

We encourage all shareholders to let your voices be heard and join us to bring about needed change. For further background on the reasons for the requisition and information regarding the need to fix the Company, please visit our website.

www.fixecooro.com

SOURCE Concerned Shareholders of Eco Oro Minerals Corp.

For further information: Courtenay Wolfe: courtenaywolfe@gmail.com; 416-505-8555

Organization Profile

Concerned Shareholders of Eco Oro Minerals Corp.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890