INTENTION NOT TO PROPOSE SHAREHOLDER RIGHTS PLAN FOR RENEWAL
On June 7, 2019, the Company's Shareholders approved the Company's Amended and Restated Shareholder Rights Plan. The Shareholder Rights Plan is set to expire at the date of the Company's annual general meeting to be held in 2022.
Coinciding with the proposed rebranding and name change, the Company has renewed its efforts to modernize its corporate governance practices, policies and procedures. Consistent with these initiatives, the Company intends not to propose the Shareholder Rights Plan for renewal in 2022.