VANCOUVER,
Sept. 2, 2014 /CNW/ - Curis Resources
Ltd. ("Curis" or the "Company") (TSX:CUV) announces that it has
today filed at www.sedar.com a management information circular and
related proxy materials in furtherance of its annual general and
special meeting of shareholders (the "Meeting") to be held
September 25, 2014 in Vancouver British Columbia. The record
date for shareholders entitled to vote at the Meeting was
August 5, 2014.
Proposed business for the Meeting includes: (i)
the election of directors of which six (6) nominees are proposed,
three (3) of whom can be considered "independent" directors -
Rene Carrier, Gordon Fretwell and James Kerr, and three are non-independent
directors - David Copeland
(President and Chief Executive Officer) Russell Hallbauer (Chairman of the Board), and
Robert Schafer (geological services
provider); (ii) the reappointment of DeVisser Gray LLP,
Chartered Accountants, of Vancouver,
British Columbia; (iii) consideration of amendments to and
the continuation of the Company's share option plan (the Option
Plan") for a period of three years; and (iv) consideration of an
slightly updated shareholder rights plan agreement which has
been adopted by the Board of Directors (the "Rights Plan", and
together with the Option Plan, the "Plans") to replace its existing
shareholder rights plan originally adopted in September 2011 and which, under its terms, will
expire on September 25, 2014.
The Rights Plan is similar to other such plans adopted by many
Canadian companies and is not being adopted in as a defensive
tactic or in response to any unsolicited proposal to acquire
control of Curis. The Plans renewals are subject to approval by the
Toronto Stock Exchange. Please see www.SEDAR.com for copies of the
proposed form of Plans. A detailed description of the Plans'
terms and conditions are contained in the information circular
which will be mailed to shareholders in connection with the
Meeting.
About Curis Resources Ltd.
Curis is focused on the acquisition, development and operation of
high-quality next generation copper properties in progressive
jurisdictions around the world. Its current goal is to advance the
100%-owned Florence Copper project to production through its
subsidiary Florence Copper Inc.
Curis is associated with Hunter Dickinson Inc.
(HDI), a diversified global mining company with a 25-year history
of mineral development success. Additional details on the Company
are available at on the website: www.curisresources.com.
About Florence Copper Inc.
Florence Copper is engaged in the final stages of permitting for a
Phase 1 Production Test Facility ("PTF") for an in-situ copper
recovery project in Arizona,
USA. The PTF includes a 24-well in-situ recovery well
field and a state of the art solvent extraction/electrowinning
plant that will produce copper cathode. The PTF will assist in the
demonstration of the science and safety of the in-situ process and
provide an opportunity for the public to fully engage and
understand this modern copper extraction technology.
Concurrently, Florence Copper would advance engineering, testwork,
environmental studies and permitting for Phase 2 commercial
operations.
For more information about Florence Copper and
its projected economic impacts and benefits to the local community,
please visit www.florencecopper.com. Sign up to receive
project-level information at News and Updates.
The technical information in this news release
has been reviewed and approved by David
Copeland, PEng, who is a qualified person that is not
independent of the Company.
This release includes certain statements that
may be deemed "forward-looking statements". All statements in this
release, other than statements of historical facts, that address
exploration drilling, exploitation activities and events or
developments that the company expects are forward-looking
statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements.
Assumptions used by the Company to develop forward-looking
statements include the following: the Florence Copper project will
obtain all required environmental and other permits and all land
use and other licenses for construction of the Production Test
Facility and full commercial facilities, the Florence Copper
project will achieve targeted production levels; studies and
development of the Florence Copper project will continue to be
positive; contracted parties will provide goods and/or services on
the agreed timeframes; equipment necessary for construction and
development will be available and will not incur unforeseen
breakdowns; no material labour slowdowns or strikes will be
incurred; plant and equipment will function as specified;
geological or financial parameters will not necessitate future mine
plan changes; and no geological or technical problems will
occur. Factors that could cause actual results to
differ materially from those in forward-looking statements include
fluctuations in market prices, exploitation and exploration
successes, continuity of mineralization, uncertainties related to
the ability to obtain necessary environmental, land use and other
permits, approvals, licenses and title on a timely basis and delays
due to third party opposition, changes in government policies
regarding mining and natural resource exploration and exploitation,
the final outcome of any lawsuits, the continued availability of
capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are
not guarantees of future performance and actual results or
developments may differ materially from those projected in the
forward-looking statements. For more information on the Company,
investors should review the Company's continuous disclosure filings
that are available at www.sedar.com.
SOURCE Curis Resources Ltd.