P2P Update on Change of Business Transaction and Shareholders' Meeting
16 October 2009 - 11:33AM
Marketwired
P2P Health Systems Inc. (the "Company") (NEX: PTP.H) announces that
it has re-scheduled its special meeting of shareholders for
November 10, 2009 (the "Meeting") to consider, among other matters,
its change of business transaction into the mining sector (the
"Change of Business"), consolidation and name change (collectively,
the "Transactions"), all as more particularly described in its June
3, 2009 news release. A full description of the Transactions and
other matters to be considered at the Meeting is contained in the
Company's management information circular and other Meeting
materials to be mailed to shareholders on October 16, 2009.
The Company also announces that it has received TSX Venture
Exchange ("TSXV") conditional approval of the Transactions, as well
as the Company's reactivation and graduation from the NEX Board to
Tier 2 of the TSXV, subject to receipt of shareholder approval of
the Transactions and other filing requirements of the TSXV.
In connection with the Change of Business, the Company has also
filed on SEDAR a National Instrument 43-101 compliant technical
report titled "Technical Report on Salares 7 Property, Region III,
Chile" dated August 31, 2009.
The Company also announces that it granted today an additional
3,520,000 incentive stock options to directors, officers and
consultants of the Company pursuant to its Stock Option Plan. These
options will be exercisable at a price of $0.10 per share and will
expire on October 14, 2014.
For contact information, current news releases, and a link to
SEDAR please visit our interim website: http://ptpinfo.com/
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.
Contacts: P2P Health Systems Inc. Todd Hilditch President and
CEO (604) 443-3831 www.ptpinfo.com
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