Solicitation of Proxies by Management
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posted on
Oct 30, 2010 09:49PM
Cougar Minerals Corp. is an exploration company engaged in the acquisition and exploration of natural resource properties in Alberta, Saskatchewan and Manitoba.
Interesting info from the SEdar 10-14 filing
Solicitation of Proxies by Management
Beneficial owners controlling more than 10%
Elson 2,163,900 shares - 11.16%
(1)
Of these shares, 250,000 shares are held indirectly through Keta Ventures Inc., a private company controlled by Mr. Elson, 1,334,800 shares are held through Northern Natural Resource Services Ltd., also a private company controlled by Mr. Elson, and 92,500 shares are held by Marc Elson, the son of Michael S. Elson, and over such shares Michael S. Elson has control or direction.
Joe Dwek 2,492,000 shares - 12.85%
(2)
Of these shares, 1,200,000 shares are held indirectly through MineralFields 2009-V Super Flow-through LP, 400,000 shares are held indirectly through MineralFields 2009-VI Super Flow-through LP, 692,000 shares are held indirectly through MineralFields 2009-VII Super Flow-through LP, and 200,000 shares are held indirectly through MineralFields 2009-VIII Super Flow-through LP.
(3)
Also held are 208,000 options to purchase Units at $0.25 until December 10 , 2011 consisting of one common share and one half warrant at an exercise price of $0.45 per full warrant share until December 10, 2011 held in the name of Limited Market Dealer Inc.
(4)
Also held are 600,000 warrants exercisable for $0.35 per shares until Dec 10, 2011 are held Indirectly by MineralFields 2009-V Super Flow-through LP, 200,000 warrants exercisable for $0.35 per shares until Dec 10, 2011 are held indirectly through MineralFields 2009-VI Super Flow-through LP, 346,000 warrants exercisable for $0.35 per shares until Dec 10, 2011 are held indirectly through MineralFields 2009-VII Super Flow-through LP., and 100,000 warrants exercisable for $0.35 per shares until Dec 10, 2011 are held indirectly through Pathway Multi Series Fund Inc.
....
(i)
Michael S. Elson who was a director of Hebron Bay Resources Ltd. which was cease traded by the Alberta Securities Commission on February 4, 2000 for failure to file financial statements and sending the final statements to each holder of its securities, which is still in effect as at the date of this Information Circular; and
(ii)
Stan P. Szary who was a director and the president of Pan Smak Pizza Inc., which was cease traded on June 24, 1999 by the British Columbia Securities Commission and on December 7, 2001 by the Alberta Securities Commission, for failure to file financial statements and quarterly reports, which is still in effect as at the date of this Information Circular.