TORONTO, Dec. 6, 2013 /CNW/ - Volta Resources Inc. ("Volta Resources" or the "Company") (TSX: VTR) is pleased to announce that Glass Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services ("ISS") have both recommended that shareholders vote FOR the special
resolution to approve the plan of arrangement (the "Arrangement") between Volta Resources and B2Gold Corp. ("B2Gold"), to be considered at the upcoming special meeting of shareholders of
Volta Resources to be held at 10:00 a.m. (Toronto time) on December 17,
2013, at 2100 Scotia Plaza, 40 King Street West, Toronto, Ontario.
Both Glass Lewis and ISS are independent proxy advisory firms who, among
other services, provide proxy voting recommendations to pension funds,
investment managers, mutual funds and other institutional shareholders.
Volta Resources' Board of Directors has unanimously recommended that
shareholders vote FOR the Arrangement.
Shareholders are reminded to vote their proxy FOR the Arrangement prior
to the proxy voting deadline of 10:00 a.m. (Toronto time) on Friday,
December 13, 2013.
The completion of the proposed Arrangement is subject to a number of
customary conditions, including approval of the Superior Court of
Justice of Ontario and the receipt of all necessary shareholder and
Shareholders are encouraged to review the management information
circular of Volta Resources dated November 15, 2013 (the "Circular"), which provides a detailed discussion of the Arrangement. Copies of
the Circular and related documents can be obtained via SEDAR (www.sedar.com) or by contacting Laurel Hill Advisory Group toll-free at
1-877-452-7184 or by email at firstname.lastname@example.org.
How to Vote:
Registered shareholders may vote by delivering a completed proxy or
voting instruction form to Volta Resources' transfer agent, Equity
Financial Trust Company, in the envelope provided (at 200 University
Avenue, Suite 300, Toronto, Ontario, M5H 4H1, Attention: Proxy
Department) or by fax to (416) 595-9593, Attention: Proxy Department,
or online at www.voteproxyonline.com by no later than 10:00 a.m. (Toronto time) on December 13, 2013. It is recommended that shareholders vote by fax or online as time is of
Beneficial shareholders who hold their shares through a broker or other
intermediary may vote via the internet at www.proxyvote.com or follow the other instructions found on the voting instruction form.
If you have any questions about the information contained in the
Circular or require assistance with voting your shares, please contact
the Company's Proxy Solicitor, Laurel Hill Advisory Group, at the
contact information set forth above.
About Volta Resources:
Volta Resources Inc. is a Canadian resource company with a portfolio of
quality gold exploration projects in Burkina Faso and Ghana, both
mining-friendly West African jurisdictions with proven world-class gold
deposits. Volta is currently focused on its flagship Kiaka gold
project, located in south central Burkina Faso, approximately 140
kilometers southeast of the capital Ouagadougou. The acquisition of
properties around the Kiaka gold project has provided Volta with an
extensive ground position along the highly prospective Markoye Fault
Corridor in an important emerging gold province.
Cautionary Note Regarding Forward-Looking Information: This press release contains "forward-looking information" and "forward-looking information" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995 and applicable Canadian
securities legislation, respectively. Such forward-looking statements
and information include, but are not limited to, statements with
respect to the proposed special meeting of Volta Resources shareholders
and statements with respect to the proposed Arrangement with B2Gold,
timing for meeting and court approvals, as well as other matters.
Generally, forward-looking statements and information can be identified
by the use of forward-looking terminology such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". Forward-looking statements
and information are based on various assumptions and expectations of
Volta as of the date hereof, and is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking statements and
information, including but not limited to: general business and
economic uncertainties; a delay in receiving or a failure to receive
requisite regulatory and court approvals, as well as other risks
identified under risk factor disclosure sections in the documents filed
by Volta Resources and/or B2Gold from time to time. Although the
Company has attempted to identify important factors that could cause
actual results to differ materially from those contained in
forward-looking statements and information, there may be other factors
that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements and information.
Volta Resources does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.
SOURCE: Volta Resources Inc.
For further information:
Please refer to our website www.voltaresources.com or contact:
Kevin Bullock, P.Eng., President & CEO
Tel: (416) 867-2299
Fax: (416) 867-2298