DEEP-NR29-SpecialAGM Called by Shareholder - 10Jul2020
The Requisitioning Shareholder of DeepRock Minerals Inc. announces that they have
called a special general meeting of the shareholders
Toronto, Ontario – July 10, 2020 - Yeshivas Limudei Hashem Society (the “Requisitioning
Shareholder”), representing in excess of 5% of the issued and outstanding shares of DeepRock
Minerals Inc. (“Deep Rock” or the “Company”) announces that they have called a special meeting
of shareholders pursuant to section 167 of the Business Corporations Act (British Columbia) to be
held September 3, 2020.
On June 10, 2020, the Requisitioning Shareholder sent a requisition for a shareholders meeting of
the Company. The directors of the Company have not, within 21 days after the date on which the
requisition was received by the Company, sent notice of a general meeting to each shareholder and
each director. Accordingly, the Notice of Meeting and Record Date has been given by the
Requisitioning Shareholder, on behalf of the Company, pursuant to Section 167(8) of the Business
Corporations Act (British Columbia).
The special meeting of DeepRock’s shareholders is being called to consider the approval of a
special resolution to remove Richard Shatto, Matthew Reams and Pat O’Brien as directors of the
Company and to elect in their stead, Binyomin Posen, Hillel Posen and Jack Wortzman.
The meeting is required as the board of DeepRock has refused requests from Requisitioning
Shareholder to add a nominee to the Board and has continued to ignore communications and
proposals from the Requisitioning Shareholder.
This news release is for informational purposes only and is not a solicitation of proxies. Any
proxies solicited in respect of the meeting for the removal of the current directors and the
appointment of Requisitioning Shareholder’s nominees to the board of directors of the Company
will be solicited pursuant to an information circular or as otherwise permitted by the corporate and
securities laws of applicable jurisdictions.
For further information, please contact:
Requisitioning Shareholder
Yeshivas Limudei Hashem Society
Joseph Posen
Telephone: (416) 783-4741