Postal strike delays delivery of shareholder meeting materials in Canada
- Waskahigan Oil & Gas Corp will hold a meeting on December 12, 2024, for its shareholders.
- A postal strike has prevented the company from delivering management solicitation materials as required.
- The company is utilizing electronic means to ensure shareholders receive essential information in light of these disruptions.
In Canada, Waskahigan Oil & Gas Corp announced that it will conduct an annual general and special meeting on December 12, 2024. This decision comes amidst a postal strike that has hindered the delivery of crucial management solicitation materials required for the meeting, which is essential for complying with securities regulations. Due to these unusual circumstances, Waskahigan Oil & Gas Corp has relied on the Alberta Securities Commission Blanket Order 51-516, allowing them to file critical documents electronically on the SEDAR Plus website. These documents include notices and management information circulars dated November 10 and November 20, 2024, outlining the details surrounding the meeting and providing shareholders with necessary information. In response to the delivery challenges posed by the postal service strike, Waskahigan Oil & Gas Corp has committed to providing the documentation to registered and beneficial holders upon request, utilizing alternative methods such as electronic communications. This proactive approach ensures all shareholders can obtain important information ahead of the upcoming meeting despite the ongoing disruptions faced by the postal system, demonstrating the company's adaptability during challenging times.