-Special Meeting Called Following Bioniche Board's Dereliction of its Fiduciary and Statutory Duties and Failure to Call a Properly Requisitioned Special Meeting of Shareholders
-Bioniche Shareholders Invited to learn more and Join the Concerned Shareholder Campaign for A Better Future for Bioniche by visiting www.savebioniche.com and Registering Support for the Concerned Shareholders
TORONTO, June 27, 2013 /CNW/ - The Concerned Shareholders of Bioniche Life Sciences Inc. ("Bioniche"), William (Bill) M. Wells, former Chief Executive Officer of Biovail Corporation, and Greg Gubitz, former General Counsel and Senior Vice President of Corporate Development at Biovail Corporation (the "Concerned Shareholders"), announced that pursuant to section 143(4) of the Canada Business Corporations Act ("CBCA") Mr. Wells has called a Special Meeting of the Bioniche Shareholders so shareholders can have the opportunity to vote to replace the Board of Directors with seven independent nominees nominated by the Concerned Shareholders.
https://www.newswire.ca/en/story/1191879/concerned-bioniche-shareholders-call-special-meeting-of-shareholders-to-replace-bioniche-s-board