Mineral Hill Industries Ltd. Announces the Results of the Annual General Meeting
19 Dec, 2019, 17:16 ET
VANCOUVER, Dec. 19, 2019 /CNW/ - Mineral Hill Industries Ltd. (the "Company" or "Mineral Hill") wishes to announce that its Annual General Meeting was held on December 18, 2019 (the "AGM") according to the Notice of Meeting given on November 13, 2019.
The shareholders of the Company passed the resolution to fix the number of directors at six (6) and re-elected Messrs. Grant Hendrickson, Andrew von Kursell, Eric Peter-Kaiser, Milo Filgas and Dieter Peter as directors. The Company is pleased to also announce the election of Mr. Lawrence Taube, Esq as a new director.
Mr. Taube holds a Juris Doctor (J.D. '83) degree from the University of Tennessee and is a member of the Bar in both Florida and California. Since moving to Florida in 1984, he has focused on all aspects of real estate development, reorganization, business relations, corporate governance, compliance, regulatory matters for major business entities including but not limited to national banking organizations with assets in the billions and real estate/construction entities with assets in the hundreds of millions. The Company expects to benefit from Mr. Taube's expertise in the area of making significant corporate decisions and corporate governance.
The shareholders re-appointed Davidson & Company LLP as the Company's auditors and re-approved the Company's existing stock option plan.
The shareholders ratified the Board's resolution to terminate the Definitive Acquisition Agreement pertaining to the Oil and Gas Leasehold Estate in Oklahoma, USA.
The shareholders also ratified the Board of Directors' resolution passed on October 4, 2019 consisting of three parts to approve the execution of the binding Letter of Intent with a privately held REIT company, the issuance of non-voting convertible Pref-A2 shares and the issuance of non-voting convertible Pref-A3 shares. The binding letter of intent was announced by the Company on October 8, 2019.
The Company seeks Safe Harbor
Neither the 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.
SOURCE Mineral Hill Industries Ltd.
For further information: please contact: Dieter Peter, President & CEO, Tel : 604-617-6794
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