CHD.TO/CHDSF.pk - Copper miner with a 70% stake in significant Peru project. Stock moving up on takeover speculation. See Stockhouse board. Company is adopting shareholder rights plan.
RNO currently owns approx. 20% of Chariot.
I currently own CHDSF.pk. DO your own DD.
Chariot Resources: Special Meeting of Shareholders - July 19, 2007
Thursday June 28, 8:00 am ET
TORONTO, ONTARIO--(CCNMatthews - June 28, 2007) - The Special Meeting of Chariot Resources Limited (TSX:CHD - News), called to consider and if deemed advisable to pass the Shareholder Rights Plan, amended and restated effective June 14, 2007, will be held:
Thursday July 19, 2007 at 10:00 am
BCE Place, Suite 4400, Bay Wellington Tower
181 Bay Street, Toronto
Chariot's Board of Directors, in the exercise of its fiduciary duties, determined that it was advisable and in the best interests of the Corporation to adopt a shareholder rights plan to ensure, to the extent possible, that all shareholders of the Corporation are treated fairly in connection with any take-over bid for the Corporation. Copies of the Shareholder Rights Plan and Proxy materials have been mailed to shareholders of record June 14.
Chariot Resources Limited (TSX:CHD - News) is developing its 70% owned Marcona Copper Property in Peru.With exceptional infrastructure, a significant resource and strong financial and commercial partners, the Mina Justa project is scheduled to be a mid-tier copper producer by 2009.
Additional details about Chariot can be viewed at the Company's website, www.chariotresources.com.
