VanadiumCorp has arranged a non-brokered private placement of up to 1,400,000 flow-through common shares at a price of $0.07 cents per share for total proceeds of up to $98,000.
VANCOUVER, BRTISH COLUMBIA -2013-06-06
Mr. Christian Derosier reports
PACIFICORE ANNOUNCES ANNUAL GENERAL MEETING
PacificOre Mining Corp. will hold its annual general meeting on Sept. 17, 2013, at 10 a.m., in the boardroom of Computershare Investor Services Inc. located on Second floor, 510 Burrard St., Vancouver, B.C. Further information about the annual general meeting, including the text of the requisition sent by dissident shareholders, will be set out in a management information circular that will be mailed to shareholders and posted to SEDAR in due course.
The company’s directors have been communicating with shareholders and are reassured to learn that there is growing support for the board’s efforts to improve the company and strong disapproval for the dissidents’ smear campaign. The board is weary of responding to the dissidents’ constant stream of outrageous lies but nevertheless must respond to dispel their damaging misconceptions:
- No mineral claims belonging to the company have been allowed to expire so far this year.
- All of the company’s claims are in good standing.
- It is false that 13 claims are about to expire next month.
- The company drilled four holes, not three, up to March of this year. Shareholders should ask Adrian Bakker why he takes no responsibility for his failure to raise sufficient funds for the planned 16-hole drill program when the geological team relied on him to do so.