BRIEF-Getty Copper's CEO Requisitions Special Meeting Of Shareholders To Remove Some Directors

Reuters  |  Author 

Published Jul 17, 2018 13:22

BRIEF-Getty Copper's CEO Requisitions Special Meeting Of Shareholders To Remove Some Directors

July 17 (Reuters) - Getty Copper Inc GTC.V :

* GETTY COPPER INC - JOHN LEPINSKI, CEO, REQUISITIONED A SPECIAL MEETING OF SHAREHOLDERS FOR PURPOSE OF REMOVING CERTAIN DIRECTORS

* GETTY COPPER - CEO'S REQUISITION PRECIPITATED BY NOTICE BY DENNIS MILBURN CALLING BOARD MEET FOR JULY 11 TO APPROVE TERM SHEET FROM INTER WORLD

* GETTY COPPER - NOTICE ISSUED BY DENNIS MILBURN CALLING BOARD MEETING FOR JULY 11 TO APPROVE TERM SHEET FROM INTER PROPOSING DEBT & EQUITY FINANCING

* GETTY COPPER - IN FACE OF REQUISITION, FINANCING PROPOSAL GOT FAVOURABLE VOTES FROM EACH OF 3 IMPUGNED DIRECTORS AND WAS OPPOSED BY 3 OTHERS

* GETTY COPPER INC - CURRENT CHAIRMAN, DENNIS MILBURN, CAST DECIDING VOTE IN FAVOUR OF FINANCING PROPOSAL ON DEADLOCKED 6-PERSON BOARD

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