St. Elias Files Application to Strike Petition
(via Thenewswire.ca)
Vancouver, March 21, 2013: St. Elias Mines (SLI-TSX-V) (the "Company") advises that, on March 14, 2013 it filed its Petition Response opposing the relief sought in the Petition that was served upon it on February 21, 2013, by Gilby Len Hastman and Darcy Kim Hastman (the "Dissidents"), in connection with the Annual General and Special Meeting of shareholders of the Company held last year. The Company intends to vigorously defend itself against this proceeding by the Dissidents.
The Dissidents' counsel has advised that the Dissidents intend to amend the Petition. Unfortunately, this will likely delay the hearing of the Petition.
The Dissidents brought the Petition against the Company and all of the current directors. The directors have all now been served with the Petition. Yesterday, March 20, 2013, the Company filed a Notice of Application seeking to strike the Petition as against the individual directors as disclosing no reasonable claim; being frivolous, unnecessary, or vexatious; and/or otherwise being an abuse of process of the Court. The application to strike is currently scheduled to be heard on April 9, 2013
The Green Team needs your suppport to fight on...
Give now...all IMO. JW
Please send a Cheque payable to: Garry B. Ollis Prof Corp
Mail Address: Hastman
Box 3428
Spruce Grove, Alberta
T7X 3A7
https://docs.google.com/file/d/0B-hwvUB-zjR1XzBhWWFKUExaVzg/edit?pli=1
