Receives Requisition for Shareholder Meeting From Jaguar Financial Corp.

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Clavis

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Receives Requisition for Shareholder Meeting From Jaguar Financial Corp.

posted on Feb 17, 2009 03:22AM

February 17, 2009

Tiomin Receives Requisition for Shareholder Meeting From Jaguar Financial Corp.

TORONTO, ONTARIO--(Marketwire - Feb. 17, 2009) - Tiomin Resources Inc. (TSX:TIO)('Tiomin' or the 'Company') announced today that a requisition from Jaguar Financial Corporation (the "Requisitioning Shareholder") has been received requesting that the board of directors call a shareholders meeting to consider removing from office all of the current directors and replacing them with directors to be nominated by the Requisitioning Shareholder, approving a proposed business combination with Cadiscor Resources Inc. ("Cadiscor") as announced by Tiomin on February 10, 2009 and to approve the proposed loan by Tiomin to Cadiscor. The board of directors of Tiomin is reviewing the requisition together with its counsel and will update the market in due course.

To find out more about Tiomin Resources Inc., please visit the company website at www.tiomin.com.

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