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Share Name | Share Symbol | Market | Type |
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Canplats Resources Corp Com Npv | TSXV:CPQ | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Canplats Resources Corporation ("Canplats" or the "Company") (TSX VENTURE:CPQ) is pleased to announce that its shareholders overwhelmingly approved and ratified the Company's Shareholder Rights Plan during Canplats annual general and special meeting held on January 14, 2009. The Rights Plan was adopted to ensure the fair treatment of all Canplats shareholders in the event of a take-over bid for the outstanding common shares of Canplats. In the event that a take-over bid should occur, the Rights Plan provides a mechanism to ensure that shareholders have adequate time to properly evaluate and assess it without facing undue pressure or coercion. The Rights Plan also provides the Board with additional time to consider any take-over bid and, if applicable, to explore alternative transactions in order to maximise shareholder value. Accordingly, the Rights Plan is not designed to prevent take-over bids that treat Canplats shareholders fairly. The Rights Plan is subject to acceptance by the TSX Venture Exchange. A copy of the Shareholder Rights Plan Agreement will be available under the Company's profile at www.sedar.com, the website maintained by the Canadian securities regulatory authorities. Reference should be made to the full text of the plan for the details of its provisions. In addition, the company is pleased to announce the appointment of Peter de Visser as CFO. Peter, a graduate of the University of British Columbia, is a partner of DeVisser Gray Chartered Accountants and is a member of the Technical Forum of the BC Institute of Chartered Accountants to the British Columbia Securities Commission. He has acted as a Chief Financial Officer for a number of TSX-listed gold mining companies. Mr. de Visser replaces Tom Yip who, along with Ken McNaughton, Vice President, Exploration, and John Kim, Corporate Secretary, did not stand for reappointment following the Company's annual general and special meeting. To receive Canplats' news releases by e-mail, contact Blaine Monaghan, Director, Investor Relations, at info@canplats.com or (866) 338-0047. Some of the statements contained in the company's news releases may be forward-looking statements such as the company's future plans, objectives and goals. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties which could cause actual results to vary considerably from these statements. The risks and uncertainties include general and economic conditions as well as those described in Canplats' SEC Form 20F as amended.
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