| "Gilby Len Hastman and Darcy Kim Hastman (the concerned shareholders) have filed a petition for oppression with the B.C. Supreme Court against St. Elias Mines Ltd. and against Donald Bastien, Robert Krause, Lori L. McClenahan, Paul McDonald and Tina Whyte (the management nominees).|
As the concerned shareholders announced in news releases dated Jan. 14, 2013, and Jan. 17, 2013, an overwhelming majority of the company's shareholders voted green proxies in favour of electing Gilby Hastman, Darcy Hastman, Ted E.R. Rutherglen, James E. Rainbird and Richard Alexander Defreitas (the dissident nominees) as the directors of the company at the annual general meeting of the company held on Dec. 27, 2012 (the AGM). However, the green proxies were rejected by Ms. McClenahan, acting as chair at the AGM.