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IC Potash Corp (ICPTF: OTCQX International) | IC Potash Announces Results of 2015 Annual and Special Meeting and Extension of Expiry Date for Outstanding Warrants

IC Potash Announces Results of 2015 Annual and Special Meeting and Extension of Expiry Date for Outstanding Warrants

Jun 30, 2015

OTC Disclosure News Service

IC
Potash Corp.
(TSX: ICP) (OTCQX: ICPTF) (“ICP” or the
“Company”) today announced the results of the voting at its annual and
special meeting of shareholders (the “Meeting”) held on June 30, 2015 in
Toronto, Ontario, Canada including the approval by shareholders of the
amendment of the warrants issued on December 18, 2013 (the “Warrants”)
to insiders of the Company in order to extend the expiry date of the
Warrants from June 18, 2015 to December 18, 2016 (the “Amendment”). As
announced on May 7, 2015, the Amendment with respect to Warrants held by
non-insiders of the Company became effective on May 22, 2015. No other
amendments to the Warrants have been made by the Company. In accordance
with the terms of the Warrants, if, at any time the volume weighted
average price of the common shares of the Company (“Common Shares”) on
the Toronto Stock Exchange is equal to or exceeds $0.50 for 20
consecutive trading days, the Company may accelerate the expiry date of
the Warrants, in which event the Warrants will expire upon the date (the
“Accelerated Expiry Date”) which is 30 days following the dissemination
of a press release by the Company announcing the Accelerated Expiry Date.

As of the date hereof, there are 10,000,000 Warrants issued and
outstanding. 1,340,000 (13.4%) of the Warrants are held by insiders of
the Company, representing approximately 0.8% of the issued and
outstanding Common Shares on a non-diluted basis. The Warrants are
currently exercisable for Common Shares at an exercise price of $0.35
per Common Share. If all of the outstanding Warrants were exercised on
the date hereof, the Common Shares issuable thereunder would represent
approximately 5.7% of the issued and outstanding Common Shares on a
non-diluted basis.

The TSX required that shareholder approval be obtained to amend the
Warrants held by insiders pursuant to subsection 608(b) of the TSX
Company Manual. The Company obtained shareholder approval (excluding
insiders of the Company who hold Warrants) of the resolutions approving
the Amendment to the Warrants held by insiders at the Meeting. In
accordance with the terms of the Warrants, the Company has also obtained
the written consent to the Amendment of the holders of 66⅔ of the
Warrants outstanding. The Amendment is effective as of June 18, 2015.

At the Meeting, all director nominees listed in the Company’s management
information circular dated June 6, 2015 were elected as directors of the
Company. The detailed results of the vote by ballot are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Election of Directors

 

 

 

# of Votes For

 

 

 

 

 

% of

Votes

For

 

 

 

 

 

# of Votes

Withheld

 

 

 

 

 

% of

Votes

Withheld

George Poling

 

 

 

110,072,164

 

 

 

 

 

99.83

 

 

 

 

 

186,250

 

 

 

 

 

.17

Ernest Angelo, Jr.

 

 

 

111,093,214

 

 

 

 

 

99.85

 

 

 

 

 

165,200

 

 

 

 

 

.15

Leiv Mikael Erdal

 

 

 

111,070,240

 

 

 

 

 

99.83

 

 

 

 

 

188,174

 

 

 

 

 

.17

Anthony Grey

 

 

 

111,057,664

 

 

 

 

 

99.86

 

 

 

 

 

160,750

 

 

 

 

 

.14

Knute H. Lee, Jr.

 

 

 

107,242,465

 

 

 

 

 

96.39

 

 

 

 

 

4,015,949

 

 

 

 

 

3.61

Honourable Pierre Pettigrew, P.C.

 

 

 

110,249,164

 

 

 

 

 

99.09

 

 

 

 

 

1,009,250

 

 

 

 

 

.91

John Stubbs

 

 

 

111,089,465

 

 

 

 

 

99.85

 

 

 

 

 

168,949

 

 

 

 

 

.15

João Paulo Simões Carrêlo

 

 

 

111,078,115

 

 

 

 

 

99.84

 

 

 

 

 

180,299

 

 

 

 

 

.16

 

In addition, at the Meeting, shareholders reappointed Davidson Company
LLP as auditors of the Company and re-approved the Company’s stock
option plan.

About IC Potash Corp.

ICP has demonstrated a low-cost method to produce sulfate of potash
(“SOP”) from its 100%-owned Ochoa polyhalite deposit in southeast New
Mexico and seeks to become a primary, long-term producer of SOP. SOP is
a non-chloride potash fertilizer widely used in the horticultural
industry and for high value crops, such as fruits, vegetables, tobacco
and potatoes. It is applicable for soils where there are substantial
agricultural activity, high soil salinity, and in arid regions. The
Ochoa Project has access to excellent local labor resources, low-cost
electricity and natural gas, an approved non-potable water source, rail
lines, and the Port of Galveston, Texas. ICP’s land holdings consist of
approximately 98,500 acres of federal preference right potassium leases,
federal subsurface potassium prospecting permits and State of New Mexico
potassium mining leases. For more information, please visit www.icpotash.com.

Forward-Looking Statements

Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and unknown
risks and uncertainties and other factors which may cause the actual
results, performance or achievements of ICP to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Forward-looking statements
include statements that use forward-looking terminology such as “may”,
“will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or
the negative thereof or other variations thereof or comparable
terminology. Such forward-looking statements include, without
limitation, reserve estimates, ICP’s expected position as one of the
lowest cost producers of SOP in the world, the timing of receipt and
publication of ICP’s environmental permits, the sufficiency of ICP’s
cash balances, the timing of production, and other statements that are
not historical facts. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the
control of ICP, including, but not limited to, risks associated with
mineral exploration and mining activities, the impact of general
economic conditions, industry conditions, dependence upon regulatory
approvals, the uncertainty of obtaining additional financing, and risks
associated with turning reserves into product. Readers are cautioned
that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to
be imprecise and, as such, undue reliance should not be placed on
forward-looking statements.

Copyright © 2015 Businesswire. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/ICPTF/news?id=108672

Localiza Rent A Car SA (LZRFY: OTCQX International Premier) | Notice to the Market – Interest on capital

Notice to the Market – Interest on capital – Amount Per Share

Jun 30, 2015

OTC Disclosure News Service

Belo Horizonte – MG, Brazil

This release includes additional documents. Select the link(s) below to view.

Notice to the Market – Interest on capital – Amount Per Share.pdf

Copyright © 2015 OTC Markets. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/LZRFY/news?id=108654

Experian plc (EXPGY: OTCQX International Premier) | Close period purchase programme

Close period purchase programme

Jun 30, 2015

OTC Disclosure News Service

Dublin, Ireland

This release includes additional documents. Select the link(s) below to view.

Close period purchase pr…pdf

Copyright © 2015 OTC Markets. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/EXPGY/news?id=108590

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