CALGARY, ALBERTA — (Marketwired) — 07/29/13 — Cordy Oilfield Services Inc. (“Cordy” or the “Corporation”) (TSX VENTURE: CKK) announces that the Board of Directors of the Corporation has approved certain amendments to the by-laws of the Corporation (the “Amendments”).
Included in the Amendments is the addition of a provision requiring advance notice to the Corporation in circumstances where director nominations are made by shareholders of the Corporation other than pursuant to a proposal or a requisition of shareholders made in accordance with the Business Corporations Act (Alberta). Among other things, the advance notice provision fixes a deadline by which holders of record of common shares of the Corporation must submit director nominations to the Corporation prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Corporation.
The TSX Venture Exchange conditionally accepted the Amendments on July 29, 2013. The Amendments are subject to the approval of the shareholders of the Corporation, which approval is being sought at the Annual General and Special Meeting of Shareholders of the Corporation on August 28, 2013, and the final acceptance of the TSX Venture Exchange.
Additional information on Cordy is available on our website or on SEDAR at .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Cordy Oilfield Services Inc.
David Mullen
Chairman and CEO
(403) 266-2067
(403) 266-2087 (FAX)