AGM update FYI Amazon Mining Holding PLC (C-AMZ) - News Release
Amazon Mining renames auditor, directors
2010-06-30 12:11 ET - News Release
Shares issued 28,421,204
AMZ Close 2010-06-29 C$ 1.40
Mr. Cristiano Veloso reports
AMAZON MINING HOLDS AGM AND GRANTS ADDITIONAL OPTIONS TO CHAIRMAN
Amazon Mining Holding PLC held its annual and special meeting on June 23, 2010, at its Toronto office. The company has summarized its resolutions:
- The report of the directors and the audited accounts for the year ended Dec. 31, 2009, were received and adopted.
- PFK (U.K.) LLP were reappointed as auditors to Amazon for the following year.
- Cristiano Veloso, Jed Richardson, Peter Gundy and Getulio Fonseca were reappointed as directors of Amazon.
- Amazon's share option plan and the number of ordinary shares which may be issued under the plan were reapproved.
- Approval was obtained from disinterested shareholders with respect to the repricing of certain options granted to Mr. Richardson, an insider of the company.
President and chief executive officer, Mr. Veloso, said: "Amazon is looking forward to new milestones in coming months as we develop the Cerrado Verde project, demonstrating value and mitigating risks. The positive reaction we're receiving from the Brazilian government reinforces our projects' importance to the nation's development."
Amazon has issued options to purchase 350,000 shares to directors, employees and consultants, exercisable at $1.50 and expiring June 30, 2015.
We seek Safe Harbor.