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CCD.V ·

“Chairman McWilliam unilaterally adjourns AGM” The Company announces that its annual general shareholders meeting (the “Meeting”), which was convened as scheduled at 10:00 a.m.

Shareholder Meetings

(CCD: TSXV)

April 24th, 2018

“Chairman McWilliam unilaterally adjourns AGM”

The Company announces that its annual general shareholders meeting (the “Meeting”),

which was convened as scheduled at 10:00 a.m. April 20, 2018, was adjourned, prior to

any business being conducted, by the Chairman, Bill McWilliam, relying on the broad

discretion given to him to do so in the Company’s Articles.

The Company has been advised by counsel to the Chairman that the Chairman

adjourned the Meeting due to “certain inconsistencies in the Company’s internal

governance which cast doubt on the due approval of, and contents of, the notice of

meeting and management information circular sent to shareholders prior to the

meeting”. Despite requests for particulars the Company has not been advised of any

specific inconsistencies nor is the Company otherwise aware of any governance

concerns.

The Meeting has been adjourned to July 19, 2018 at a time to be determined, with the

reconvened Meeting to be held at the offices of Bennett Jones LLP, Suite 2200-1055

West Hastings St. Vancouver B.C., legal counsel to Mr. McWilliam.

Formal notice of the adjourned meeting will be delivered to all shareholders no later

than 21 days prior to the date of the adjourned meeting

Proxies deposited by shareholders for the originally convened Meeting will continue in

effect at the adjourned meeting.

Should shareholders have any questions with respect to the Meeting or the adjournment

they should contact:

Judith Harder

President/CEO

Cascadero Copper Corporation

604-999-0391

[email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the

adequacy or accuracy of this release.