EL CAPITAN PRECIOUS METALS, INC. (OTCMKTS:ECPN) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03
On August 24, 2018, the Board of Directors of the El Capitan Precious Metals, Inc. (the “Company”) approved the adoption of Amendment 2 (the “Amendment”) to the Restated Bylaws of the Company. The Bylaws, as amended are referred to herein as the “Amended Bylaws.” The following summary does not purport to be complete, and is qualified in its entirety by reference to the full text of the Amendment, filed as Exhibit 3.1 hereto, and incorporated herein by reference.
The corporate Bylaws of El Capital Precious Metals, Inc., a Nevada corporation (the “Company”), in effect as of July 15, 2016 (the “Amended Bylaws”), are hereby amended, to Article VII of the Bylaws, as set forth below.
Section 2.13 of the Bylaws is hereby deleted in its entirety and replaced with the following:
2.13.Action Without a Meeting by Shareholders. Any action required or permitted to be taken at a meeting of the shareholders may be taken without a meeting by written action signed by a majority of the shareholders entitled to vote on such action, except for the election of directors, which shall only be taken at annual meetings of shareholders. Such written action shall be effective when signed by a majority of the shareholders entitled to vote thereon, unless a different effective time is provided in the written action. The writing or writings shall be filed with the minutes of the Shareholders.
| Item 9.01 | Financial Statements and Exhibits. |
EL CAPITAN PRECIOUS METALS INC ExhibitEX-3.1 2 ex3_1.htm EXHIBIT 3.1 Exhibit 3.1 AMENDMENT 2 TO THE RESTATED BYLAWS OF EL CAPITAN PRECIOUS METALS,…To view the full exhibit click here
About EL CAPITAN PRECIOUS METALS, INC. (OTCMKTS:ECPN)
El Capitan Precious Metals, Inc. is an exploration-stage company. The Company is principally engaged in the exploration of precious metals and other minerals. Its primary asset is its equity interest in El Capitan, Ltd. (ECL), which holds an interest in the El Capitan property located near Capitan, New Mexico. The Company’s El Capitan Property is situated in the Capitan Mountains, near the city of Capitan, in southwest New Mexico. Its holdings at the El Capitan Property consist of approximately four patented mining claims, covering over 77.5 acres (the Patented Claims), and approximately 10 lode claims with the Bureau of Land Management (BLM), covering over 240 acres (the BLM Claims). The lode claims are known as Mineral Survey Numbers 1440, 1441, 1442 and 1443, which are each located in 1902 and patented in 1911. The claim block is located in Lincoln County, New Mexico and occupies a total of approximately 3,000 acres.