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ACEPHARM INC. report on Annual General Meeting.


MISSISSAUGA, ONTARIO--(BUSINESS WIRE)--Jan. 20, 1995-- The Annual General Meeting of Acepharm Inc. was held on January 18, 1995, as directed by the courts in Alberta and Ontario. Dissident shareholders dissident shareholders

Shareholders who oppose a firm's management or management policy. For example, dissident shareholders of Hewlett-Packard opposed that firm's offer to purchase Compaq Computer.
 elected their own slate of Directors. Newly elected Directors are Joseph Couillard of Calgary, Alberta, Dr. William Ogden of Whiteville, North Carolina Whiteville is a city in Columbus County, North Carolina, United States. The population was 5,148 at the 2000 census. It is the county seat of Columbus CountyGR6.

Whiteville was the birthplace and hometown of the important 20th century poet A. R.
, and Patrick Dolighan of Mississauga, Ontario. The only incumbent Director to be re-elected was Rehmat Sheikh sheikh
 or shaykh

Among Arabic-speaking tribes, especially Bedouin, the male head of the family, as well as of each successively larger social unit making up the tribal structure. The sheikh is generally assisted by an informal tribal council of male elders.
. Charles Elbourne, Edda Elbourne, and Peter Sutton were defeated in their bid for re- election. Following the meeting, the Board of Directors removed all officers from the company, and appointed Patrick Dolighan as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and Rehmat Sheikh as Vice President, Scientific and Technical Affairs. Further, the Board agreed to cancel the lawsuit against Cubic Ideas and its principals because they believe it to be unfounded. Further announcements will follow pertaining to the re-listing of the stock and important financing arrangements.

The Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 has neither approved nor disapproved the above information.

CONTACT: Acepharm Inc.

Patrick Dolighan

905/858-8092
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 20, 1995
Words:170
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