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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

Bullboard Posts
Post by Bav111on Sep 29, 2011 9:43pm
590 Views
Post# 19101897

Take Over Talk, Very Interesting

Take Over Talk, Very Interesting
Hudson Resources | Focused Exploration in Greenland
FOR IMMEDIATE RELEASE
September 29, 2011
Trading Symbol: TSX-V:HUD, OTCQX: HUDRF
NR2011-13

HUDSON ANNOUNCES CORPORATE UPDATES

Vancouver, BC - HUDSON RESOURCES INC. (“Hudson” or “the Company” – TSX-V: “HUD”, OTCQX: “HUDRF”) announces that the Company’s shareholders have ratified a shareholder rights plan at the Company’s annual general meeting held on September 27, 2011. This plan replaces the Company’s earlier shareholder rights plan that has expired.

The shareholder rights plan has been adopted to ensure the fair treatment of all shareholders with respect to any takeover bid for the common shares of the Company. It is designed to provide shareholders with sufficient time to properly consider a takeover bid without undue time constraints. In addition, it will provide the board with additional time for review and consideration of any unsolicited takeover bid and, if necessary, for the consideration of alternatives.

This rights plan is not being adopted in response to any proposal to acquire control of the Company.

With respect to the Company’s annual compensation review governing the granting of options, the board of director’s has approved the granting of a total of 1,200,000 incentive stock options to directors, officers and employees of the Company, as per the terms of the stock option plan. The options are exercisable at
.65 per share for a period of five years, subject to the policies of the TSX Venture Exchange.

BY ORDER OF THE BOARD OF DIRECTORS
"James Tuer"
James Tuer, President
Bullboard Posts