Tajiri Resources Corp. - Notice to Shareholders
Tajiri Resources Corp. - Notice to
Shareholders
VANCOUVER, BC
,
Jan. 28, 2021
/CNW/ -
Tajiri
Resources Corp.
(the "Company") (TSXV: TAJ)
reports that as a result of a review by the British Columbia Securities Commission (BCSC) and the
Ontario Securities Commission (OSC), the Company is issuing the following news release to clarify
its disclosure contained in its recently filed Information Circular dated
January 4, 2021
(the
"Circular") for the Company's Annual General Meeting scheduled for
February 5, 2021
(the "AGM").
At the AGM the Company proposes to seek shareholders' approval to the Company's acquisition of
the Epeius and Gargantuan Projects located in
Guyana
,
South America
(the "Projects"). As this is a
related party transaction:
(i)
the TSX Venture Exchange requires the Company to obtain shareholders' approval as a condition of the TSXV approving such acquisition;
(ii)
the OSC considers the current disclosure within the Circular to be insufficient for compliance with Multilateral Instrument 61-101 as it pertains to related party transactions
and obtaining shareholders' approval; and
(iii)
the OSC and BCSC note that technical reports prepared in accordance with National Instrument 43-101 and NI 43-101F1 must be prepared and made available to
shareholders as part of the disclosure to be considered.
As such the Company advises that:
(i)
the matter concerning the Company's acquisition of the Projects will not be put forward for discussion or consideration by shareholders at the AGM on February 5, 2021;
(ii)
rather, after all other matters to be dealt with the AGM have been completed, the AGM will be adjourned so as to allow the Company to prepare comprehensive disclosure
concerning the Projects and the proposed acquisition;
(iii)
such additional information will include technical reports on the Projects, prepared in accordance with NI 43-101F1
(iii)
such additional information will form the basis of an addendum to the Circular, which will be mailed out to shareholders at least 21 days prior to the adjourned AGM date; and
(iv)
the Company will not be relying on the proxies received under the Circular as they pertain to the acquisition of the Projects. Rather, the Company will provide a replacement
proxy with the above stated addendum.
On Behalf of the Board,
Tajiri Resources Corp
Graham Keevil
,
President & CEO
About Tajiri
Tajiri Resources Corp. is a junior gold exploration and development Company with exploration
assets located in two of the worlds least explored and highly prospective greenstone belts of
Burkina Faso
,
West Africa
and
Guyana
,
South America
. Lead by a team of industry professionals
with a combined 100 plus years experience the Company continues to generate shareholder value
through exploration.
This news release may contain forward-looking statements based on assumptions and judgments
of management regarding future events or results. Such statements are subject to a variety of risks
and uncertainties which could cause actual events or results to differ materially from those
reflected in the forward-looking statements. The Company disclaims any intention or obligation to
revise or update such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE
Tajiri Resources Corp.
View original content:
http://www.newswire.ca/en/releases/archive/January2021/28/c3492.html
%SEDAR: 00027091E
For further information:
Tajiri Resources Corp., Graham Keevil, President, CEO, 604-642-0115 or
Toll Free 866-345-0115, 604-642-0116 (FAX), [email protected], www.tajirigold.com
CO: Tajiri Resources Corp.
CNW 17:27e 28-JAN-21