Category: Baystreet Newswire
Date: Wednesday, June 25, 2014
London, UK / ACCESSWIRE / June 25, 2014 --- Hunter Bay Minerals plc ("Hunter Bay") (TSX-V: HBY) announces that its board of directors has determined to withdraw from shareholder vote at Hunter Bay's Annual General and Special Meeting of Shareholders to be held on June 27, 2014 (the "Shareholder Meeting") the following special resolutions: (i) changing the name of Hunter Bay to "Sator Minerals Plc.", (ii) authorizing the directors of Hunter Bay to allot equity securities up to an aggregate nominal amount of ?1,000,000 for period expiring five (5) years from the date of approval, and (iii) disapplication of the statutory pre-emptive rights on the foregoing authorization.
About Hunter BayHunter Bay is engaged in the acquisition, exploration and development of mineral resource properties located in South America and Canada. Hunter Bay's lead project is the Sela Creek Project, located in Suriname, in which Hunter Bay has an option to acquire up to an eighty percent (80%) interest. Hunter Bay also owns a one-hundred percent (100%) interest in the Great Bear Lake Properties located in the eastern side of Great Bear Lake, NWT, Canada.
For additional information please contact:
Hunter Bay Minerals plc
Suite 880, 580 Hornby StreetVancouver, BC V6C 3B6
Keith Minty, CEO and director
Phone: (289) 242-8858
NEITHER 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.