Companies:Crosshair Exploration Mining Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 11/06/09) - Crosshair Exploration & Mining Corp. (TSX:CXX - News)(AMEX:CXZ - News) ("Crosshair") announces that it has received Toronto Stock Exchange ("TSX") approval to hold its annual general meeting ("AGM") on December 18, 2009, outside of the TSX requirement that a company hold an annual general meeting within six months of its year end.

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{"s" : "cxz","k" : "c10,l10,p20,t10","o" : "","j" : ""} Crosshair was evaluating several transactions that may have required shareholder approval and chose to delay the holding of its AGM rather than incur the costs of holding multiple shareholder meetings in short succession. The Company has procured a suitable transaction in the previously announced concurrent private placements with Byron Securities Limited of up to $4 million (which does not require shareholder approval) and subsequent to the announcement of this transaction the Company set its AGM date as December 18, 2009. The Company was of the view that the potential cost savings to the Company benefited shareholders more than having its AGM within six months of the Company's year end.
Thomas A. Gaughan