EDMONTON, Alberta, March 26 /PRNewswire-FirstCall/ -- Echo Bay Mines Ltd.
(Toronto; Amex: ECO) announced today that the Court of Queen's Bench of
Alberta granted an order directing that the quorum for the shareholders'
meeting to be held in the Jackson Room of the Toronto Hilton Hotel,
145 Richmond Street West, Toronto, Ontario at 9:00 a.m. Thursday, March 28,
2002 will comprise those shareholders present in person or represented by
proxy at that time.
The special general meeting of shareholders called for Monday, March 25,
2002 to ask shareholders' approval for the issuance of 361,561,230 common
shares to retire substantial long term debt of the Company was adjourned for
lack of a quorum. The Company's by-laws specify a quorum level of a majority
of the voting shares. When the meeting was adjourned, 26.9 percent of
shareholders entitled to vote were represented at the meeting. Of those who
voted, 90.5 percent were in favour and 9.5 percent against the one item of
business presented for consideration at the meeting. All proxies received
when the meeting was adjourned together with any proxies received at or before
the time scheduled for the adjourned meeting shall be counted as valid for
quorum and voting purposes.
Echo Bay mines gold and silver in North America. The primary markets for
its common shares are the American and Toronto stock exchanges.
SOURCE Echo Bay Mines Ltd.
 back to top
Related links:
http://www.echobay.com
CONTACT:
Lois-Ann L. Brodrick, Vice President and
Secretary of Echo Bay Mines Ltd., +1-780-496-9704
|
