Comments
cloudhosting14 wrote: As you would already know that managed hosting itself is another form of Cloud hosting in which the system administrations of servers is looked upon by the CPs. Similar is the case with managed multi Cloud hosting. You can very well understand how a big burden it would be to manage multi cloud servers for organization; this is why a service known as managed multi Cloud is provided to these users. This service ensures them the seam less running of their system administrative operations while organizations focus more on t...
Cloud Expo on Google News

SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Concerned Shareholders of St. Elias Mines Ltd. Clarify Management's News Release

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/18/13 -- Gilby Len Hastman and Darcy Kim Hastman (the Concerned Shareholders) wish to clarify a news release published by St. Elias Mines Ltd. (TSX VENTURE:SLI) (the Company) on January 17, 2013 (the Management News Release).

The Management News Release implies that the Concerned Shareholders are not co-operating with management of the Company (Management) in moving the Company forward as desired by the shareholders of the Company. Nothing could be further from the truth.

Management has offered to place two of the Concerned Shareholder's five nominees (the Dissident Nominees) on the board of the Company (Board), resulting in a Board that would consist of two Dissident Nominees and three Management nominees.

Management's offer would not give effect to the change of control of the Board that was voted for by an overwhelming 91% of the Company's shareholders at the Company's annual general meeting (the AGM), and would entrench Management in control of the Company for another year. The Concerned Shareholders believe that the Company cannot afford another year under the same management.

The Concerned Shareholders invited Management, both before the AGM and as recently as last week, to discuss a reconstitution of the Board in a way that aligns with the clearly expressed desires of the shareholders of the Company to have the Board consist of a majority of the Dissident Nominees. Management has rejected these invitations and continues to thwart the will of its shareholders and ignore their fundamental rights.

If you have any questions, please contact either of the Concerned Shareholders as follows: Gilby Len Hastman (1-780-974-5925), Darcy Kim Hastman (1-780-974-5924) or by email at steliasnominees@gmail.com.

Gilby Len Hastman, on behalf of the Concerned Shareholders

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Gilby Len Hastman
780-974-5925

Darcy Kim Hastman
780-974-5924
steliasnominees@gmail.com

About Marketwire .
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
SYS-CON Events announced today that Wowrack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. Wowrack’s core expertise lies in high-availability Private and Public Cloud IaaS Hosti...
Cloud computing must have been brushing up on its bedside manner. HIPAA requirements now stipulate everyone in the health-care industry must begin migrating patient records and other data to cloud computing. By 2015, all medical professionals with access to patient records must ...
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver...
Join us for an exclusive briefing with Gartner where they will talk about how IT Executives are modernizing data centers and transforming operations to focus resources on business value. During the session they will discuss how innovative IT solutions are needed to help IT deli...
Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enorm...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021

SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News
NComputing, the leader in accelerating the adoption of desktop virtualization, today announced the l...