In This Section
2016 Reporting Dates
|March 30, 2017||Year End Results|
|May 10, 2017||First Quarter Results|
|May 11, 2017||Annual Meeting *|
|August 11, 2017||Second Quarter Results|
|November 13, 2017||Third Quarter Result|
* Annual Meeting will be held at the offices of Bennett Jones LLP, 4500 Bankers Hall East, 855 – 2nd Street SW, Calgary, Alberta at 3:00 pm (Calgary time)
Notes: Dates have been finalized but are still subject to change.
Shareholders’ Rights Plan
With a view toward maximizing shareholder value, the Board of Directors has adopted a plan to provide the Board with sufficient time to explore and develop alternatives in the face of an actual or contemplated unsolicited bid to take control of the company. Click here for complete policy
2016 ESTMA Report
The Extractive Sector Transparency Measures Act (“ESTMA or the Act”) came into force on June 1, 2015. The Act introduces new reporting requirements to respond to Canada’s global efforts against corruption in the extractive sector. Corridor Resources Inc. is required to report annually under ESTMA, beginning with the year ended December 31, 2016.
What needs to be reported?
Reportable payments to a payee must relate to the commercial development of oil, gas or minerals and total at least C$100,000 and include the following payment categories:
- Taxes (other than consumption and personal income).
- Fees (including rental fees, entry fees and regulatory charges, as well as fees or other consideration for licenses, permits or concessions).
Further information relating to the Act can be found on the Natural Resources Canada website.