Too much in-fighting. Too much proxy BS.
RX EXPLORATION INC. ("RXE" or the "Company") (TSX VENTURE:RXE)(OTCQX:RXEXF)
announced today the appointment of a special committee of the board of directors
(the "Special Committee").
The Special Committee has been appointed to supervise the business and to
preserve stakeholder value in the Company in light of the recent actions taken
by a group of dissidents, including the President & CEO of RXE.
The Special Committee consists of the following members from the Company's
current board of directors: John F. O'Donnell, LLB, John A. Ryan, CGA, Edward L.
Ellwood, MBA, and Paul V. Teodorovici. John F. O'Donnell will serve as Chair of
the Special Committee.
The Company has retained Goodmans LLP and Laurel Hill Advisory Group to advise
the Special Committee.
A nation of sheep will beget a government of wolves. — Edward R. Murrow
