NorthWest Copper Acknowledges Receipt of Nomination Notice of Dissident Board Slate
23 May 2023 - 10:57PM
NorthWest Copper Corp. (“NorthWest” or “the Company”) (TSX-V: NWST)
(OTCQX: NWCCF) today confirmed that it has received notice from a
shareholder, pursuant to the Company’s advance notice provisions,
of its intention to propose a slate of six dissident nominees for
the Company’s Board of Directors at this year’s annual general
meeting of shareholders.
The Company is reviewing the submission and will
respond in due course. In the meantime, there is no need for
shareholders to take any action.
AdvisorsNorthwest Copper has
retained Norton Rose Fulbright Canada LLP as legal counsel,
Kingsdale Advisors as strategic shareholder advisor, and Longview
Communications and Public Affairs as communications advisor.
About NorthWest
Copper:NorthWest Copper is a new copper-gold explorer and
developer with an exciting pipeline of projects in British
Columbia. With a robust portfolio in a tier one jurisdiction,
NorthWest Copper is well positioned to participate fully in a
strengthening global copper market. We are committed to responsible
mineral exploration which involves working collaboratively with
First Nations to ensure future development incorporates stewardship
best practices and respects traditional land use. Additional
information can be found on the Company’s website at
www.northwestcopper.ca.
On Behalf of the Board of Directors of
NorthWest Copper Corp.“Mark O’Dea”Chair, Director
For further information, please
contact:
Investor contact:Peter Lekich, Director Investor
RelationsTel: 604-697-4962Email: plekich@northwestcopper.ca
Media contact:Longview Communications and Public
AffairsAlan Bayless (604) 417-9645;
abayless@longviewcomms.ca Joel Shaffer: (416) 649-8006;
jshaffer@longviewcomms.ca
Neither 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
Cautionary Statement Regarding
Forward-Looking InformationThis news release contains
forward-looking statements and information within the meaning of
applicable securities law, including but not limited to the annual
general meeting and matters relating thereto. Forward-looking
information is often, but not always, identified by the use of
words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”,
“expect” and “intend” and statements that an event or result “may”,
“will”, “should”, “could” or “might” occur or be achieved and other
similar expressions. All statements, other than statements of
historical fact, included herein, constitutes forward-looking
information. Although NorthWest believes that the expectations
reflected in such forward-looking information and/or information
are reasonable, undue reliance should not be placed on
forward-looking information since NorthWest can give no assurance
that such expectations will prove to be correct. Forward-looking
information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
information, including the risks, uncertainties and other factors
identified in NorthWest’s periodic filings with Canadian securities
regulators. Forward-looking information are subject to business and
economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those
contained in the forward-looking information. Important factors
that could cause actual results to differ materially from
NorthWest’s expectations include risks associated with the business
of NorthWest; risks related to reliance on technical information
provided by NorthWest; risks related to exploration and potential
development of the Company’s mineral properties; business and
economic conditions in the mining industry generally; fluctuations
in commodity prices and currency exchange rates; uncertainties
relating to interpretation of drill results and the geology,
continuity and grade of mineral deposits; the need for cooperation
of government agencies and First Nation groups in the exploration
and development of properties and the issuance of required permits;
the need to obtain additional financing to develop properties and
uncertainty as to the availability and terms of future financing;
the possibility of delay in exploration or development programs and
uncertainty of meeting anticipated program milestones; uncertainty
as to timely availability of permits and other governmental
approvals; and other risk factors as detailed from time to time and
additional risks identified in NorthWest’s filings with Canadian
securities regulators on SEDAR in Canada (available at
www.sedar.com). Forward-looking information is based on estimates
and opinions of management at the date the information are made.
NorthWest does not undertake any obligation to update
forward-looking information except as required by applicable
securities laws. Investors should not place undue reliance on
forward-looking information.
Northwest Copper (TSXV:NWST)
Historical Stock Chart
From Oct 2024 to Nov 2024
Northwest Copper (TSXV:NWST)
Historical Stock Chart
From Nov 2023 to Nov 2024