#340, 600 Crowfoot Crescent N.W.
BAYSHORE PETROLEUM CORP.
#340, 600 Crowfoot Crescent N.W.
Calgary, Alberta T3G 0B4
NEWS RELEASE
Bayshore successfully hosted its Annual and Special Meeting of Shareholders,
August 6, 2021
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES/
August 11, 2021 – Bayshore Petroleum Corp. is pleased to announce it has successfully held its
annual general and special meeting (AGSM) on August 6, 2021. The AGSM has approved the
following resolutions.
(1) Consolidation of Share Capital on the basis of one (1) post-consolidation common shares
for each thirty-nine point four five six nine (39.4569) PRE-CONSOLIDATION
COMMON SHARES.
(2) Change of name from Bayshore Petroleum Corp. to Infinitum Copper Corp.
(3) Continuation of the Corporation into the province of British Columbia
(4) To fix the number of board members for the Corporation and number of board members
conditionally after the closing of the Acquisition
(5) Election of current directors held until the date of closing of the Acquisition for Ivan Po
Kwong Chan, Peter Ho, Ellen Yu and Alex Falconer
(6) Election of Directors to hold office after the closing of the Acquisition for Mahendra
Naik, Steve Robertson, Michael Wood, Ivan Po Kwong Chan, Garrick Mendham, Karin
Overgren and Marco Roque
(7) Appointment of DeVisser Gray LLP as auditors of the Corporation
(8) To fix the stock option plan as described in the information Circular of the Corporation
The Board also approved audited financial statements for the corporation for the period ending
December 31, 2020.
On June 29,2021, the Company announced it had entered into an amalgamation agreement dated
June 25, 2021 with 1308039 B.C. Limited., a newly incorporated subsidiary of the company
(“Subco”) and Infinitum Copper Corp., a British Columbia private company engaged in the
business of mineral exploration for Copper in Mexico. Pursuant to the Amalgamation
Agreement, the Company will acquire all of the issued and outstanding securities of Infinitum in
exchange for securities of the Company. The Acquisition will be carried out by way of a three-
corned amalgamation. Details of the amalgamation agreement is available for review on SEDRA
at www.sedar.com.
The AGSM paved the way to the final amalgamation of the three companies and shares
exchange. Application of the amalgamation and regulatory approval is on going and more details
will be released once available.
On Behalf of the Board of Directors of Bayshore Petroleum Corp.
Peter Ho
Chief Executive Officer / Director
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of the
Company in the United States. The Company's securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is available.
Cautionary Statements
Statements in this press release may contain forward-looking information including expectations of future production,
operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, inc ome taxes, regulatory changes, and other components of
cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may
prove to be incorrect. Events or circumstances may cause actual results to differ materi ally from those predicted, a
result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control
of the company. These risks include, but are not limited to, the risks associated with the mining industry, commodity
prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve
estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking information.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PR OVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.