Coronado Resources CRDAF ("Coronado" or the "Company") is pleased to announce that Coronado's
board of directors (the "Board of Directors") has approved an advance
notice policy (the "Policy"). The purpose of the Policy is to provide
shareholders, directors and management of the Company with a clear
framework for nominating directors of the Company, which will (i)
facilitate an orderly and efficient process for the election of
directors at annual general and special meetings; (ii) ensure that all
shareholders receive adequate notice of the director nominations and
sufficient information with respect to all director nominees; and (iii)
allow shareholders to register an informed vote after having been
afforded reasonable time for appropriate deliberation.
The Policy includes a process that requires advance notice to the
Company in circumstances where nominations of persons for election to
the Board of Directors are made by shareholders of the Company. Among
other things, the Policy fixes a deadline by which holders of record of
common shares of the Company must submit director nominations to the
Company prior to any annual general or special meeting of shareholders
and sets forth the information that a shareholder must include
See full press release
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