Spey Resources Adopts Advance Notice Policy
SPEY RESOURCES ADOPTS ADVANCE NOTICE POLICY
Vancouver, British Columbia — November 6, 2023 — Spey Resources Corp. (CSE: SPEY) (OTC:
SPEYF) (FRA: 2JS) ("Spey” or the "Company") announces that the board of directors of the Company
(the “ Board”) has approved the adoption of an advance notice policy (the “ Policy”) to provide
shareholders, directors and management of Spey with a clear framework for nominating directors. The
Policy is meant to: (i) facilitate an orderly and efficient annual and/or special meeting process; (ii) ensure
all shareholders receive adequate notice of director nominations and sufficient information with respect
to all nominees; and (iii) allow shareholders to register an informed vote, having been afforded
reasonable time for appropriate deliberation.
The Policy contains a provision that requires advance notice to Spey in circumstances where
nominations of persons for election to the Board are made by shareholders of Spey . The Policy fixes
deadlines by which shareholders of record of Spey must submit director nominations to Spey prior to
any annual or special meeting of shareholders, and sets forth the information a shareholder must
include in the notice to Spey for an effective nomination to occur. No person will be eligible for election
as a director of Spey unless nominated in accordance with the provisions of the Policy.
In the case of an annual meeting of shareholders, the deadline for notice to Spey pursuant to the Policy
is not less than 30 days, or more than 65 days, prior to the date of the annual meeting of shareholders;
provided, however, that in the event that the annual meeting of shareholders is to be held on a date
that is less than 50 days after the date on which the first public announcement of the date of the annual
meeting was made, notice may be made not later than the close of business on the 10 th day following
such public announcement.
In the case of a special meeting (which is not also an annual meeting) of shareholders called for the
purpose of electing directors (whether or not called for any other purposes), the deadline for notice to
Spey pursuant to the Policy is no later than the close of business on the 15 th day following the day on
which the first public announcement of the date of the special meeting was made.
At the next annual general and special meeting of shareholders on December 15, 2023, the Company
will ask shareholders to ratify and confirm the adoption of the Policy. The Board has adopted the Policy
and it will be effective and in full force and effect as of November 6, 2023.
The full text of the Policy is available on Sedar+ at www.sedarplus.ca or upon request by contacting the
Company via email at [email protected].
Approved for release by the Board of Directors,
“Nader Vatanchi”
Nader Vatanchi
Chief Executive Officer
About Spey Resources Corp.
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Spey Resources is a Canadian lithium focused mineral exploration company which has an 80% interest
in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Spey
also holds an option to acquire a 100% interest in the Kaslo Silver project, west of Kaslo, British
Columbia.
For more information, please contact:
Nader Vatanchi,
CEO, Director
+1778-881-4631
Cautionary Note Regarding Forward-Looking Statements
This news release includes forward -looking statements that are subject to risks and uncertainties,
including with respect to Kaslo claims. The Company provides forward -looking statements for the
purpose of conveying information about current expectations and plans relating to the future and
readers are cautioned that such statements may not be appropriate for other purposes. By its nature,
this information is subject to inherent risks and uncertainties that may be general or specific and which
give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not
prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and
priorities will not be achieved. These risks and uncertainties include but are not limited those identified
and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com.
Although the Company has attempted to identify important factors that could cause actual actions,
events, or results to differ materially from those described in forward-looking information, there may be
other factors that cause actions, events or results not to be as anticipated, estimated or intended. There
can be no assurance that such information will prove to be accurate as actual results and future events
could differ materially from those anticipated in such statements. The Company disclaims any intention
or obligation to update or revise any forward-looking information, whether as a result of new information,
future events or otherwise unless required by law.
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents
of this press release. We seek safe harbour.