Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports the largest shareholder of Bennett Environmental Inc. (TSX:BEV), which wants to replace most of the current directors, says it has lodged a complaint today with the Toronto Stock Exchange about the board’s “self-serving behaviour.”
Second City Capital Partners, which owns about 22 per cent of Bennett shares, has nominated representatives to replace four out of the five current directors on Bennett’s board.
Bennett of Oakville, Ont., acknowledged Monday that it had received Second City’s demand for a special shareholder vote, dated March 15, but said its legal advisers determined the requisition wasn’t valid.
As a result, Bennett said Monday that it would hold its regular general annual meeting, when shareholders have a chance to vote on the board nominees, for June 29 — almost a month later than the May 31 date Second City requested.
Vancouver-based Second City said Tuesday it believes “the delay is unnecessary and may be harmful to the interests of shareholders.”
The private equity firm says it’s concerned about an agreement between Bennett and an unidentified securities dealer. It says details were “buried” in a March 28 disclosure document filed by the company.
The private equity firm says it has lost confidence in F. Blair, J. Mark MacDonald, Ralph Neville and Jack Shaw, who sat on a special committee that rejected Second City’s request for a special shareholder meeting.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports the largest shareholder of Bennett Environmental Inc. (TSX:BEV), which wants to replace most of the current directors, says it has lodged a complaint today with the Toronto Stock Exchange about the board’s “self-serving behaviour.”
Second City Capital Partners, which owns about 22 per cent of Bennett shares, has nominated representatives to replace four out of the five current directors on Bennett’s board.
Bennett of Oakville, Ont., acknowledged Monday that it had received Second City’s demand for a special shareholder vote, dated March 15, but said its legal advisers determined the requisition wasn’t valid.
As a result, Bennett said Monday that it would hold its regular general annual meeting, when shareholders have a chance to vote on the board nominees, for June 29 — almost a month later than the May 31 date Second City requested.
Vancouver-based Second City said Tuesday it believes “the delay is unnecessary and may be harmful to the interests of shareholders.”
The private equity firm says it’s concerned about an agreement between Bennett and an unidentified securities dealer. It says details were “buried” in a March 28 disclosure document filed by the company.
The private equity firm says it has lost confidence in F. Blair, J. Mark MacDonald, Ralph Neville and Jack Shaw, who sat on a special committee that rejected Second City’s request for a special shareholder meeting.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports the largest shareholder of Bennett Environmental Inc. (TSX:BEV), which wants to replace most of the current directors, says it has lodged a complaint today with the Toronto Stock Exchange about the board’s “self-serving behaviour.”
Second City Capital Partners, which owns about 22 per cent of Bennett shares, has nominated representatives to replace four out of the five current directors on Bennett’s board.
Bennett of Oakville, Ont., acknowledged Monday that it had received Second City’s demand for a special shareholder vote, dated March 15, but said its legal advisers determined the requisition wasn’t valid.
As a result, Bennett said Monday that it would hold its regular general annual meeting, when shareholders have a chance to vote on the board nominees, for June 29 — almost a month later than the May 31 date Second City requested.
Vancouver-based Second City said Tuesday it believes “the delay is unnecessary and may be harmful to the interests of shareholders.”
The private equity firm says it’s concerned about an agreement between Bennett and an unidentified securities dealer. It says details were “buried” in a March 28 disclosure document filed by the company.
The private equity firm says it has lost confidence in F. Blair, J. Mark MacDonald, Ralph Neville and Jack Shaw, who sat on a special committee that rejected Second City’s request for a special shareholder meeting.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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