VANCOUVER, April 17, 2015 /CNW/ - Callinan Royalties Corporation ("Callinan") (TSX: CAA) is pleased to announce that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") have both recommended that shareholders vote FOR the resolution to approve the plan of arrangement (the "Arrangement") between Callinan and Altius Minerals Corporation ("Altius"). The resolution will be considered at the upcoming Special Meeting of Shareholders of Callinan to be held at 2:00 p.m. (Vancouver time) on April 28, 2015 at the offices of Boughton Law Corporation located at Suite 700 – 595 Burrard Street, Vancouver, British Columbia V7X 1S8.
Both ISS and Glass Lewis are independent proxy advisory firms which, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.
Shareholders are reminded to vote their proxy prior to the proxy voting deadline of Friday, April 24, 2015 at 2:00 p.m. (Vancouver time). The Board of Directors of Callinan recommends a vote FOR the Arrangement.
Due to the approach of the voting deadline, shareholders are urged to vote today using one of the alternatives below.
Shareholders who have physical certificates representing Callinan shares may vote by email or via the Internet. To vote by email, please complete and date your signed proxy form before emailing it to [email protected]. To vote via the internet, go to www.cstvotemyproxy.com and enter your Control Number listed on the proxy and follow the voting instructions on the screen. If you vote by email or via the Internet, do not complete or return the form of proxy.
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 their voting instruction form.
Shareholders are encouraged to review the management proxy circular of Callinan dated March 24, 2015 (the "Circular"), which provides a detailed discussion of the Arrangement. A copy of the Circular and related documents have been mailed to Callinan shareholders. Copies of the Circular and related documents can be obtained via SEDAR (www.sedar.com) or Callinan's website at www.callinan.com.
Shareholders who have any questions about the information contained in the management proxy circular or require assistance with voting should contact Callinan's Proxy Solicitor, Laurel Hill Advisory Group, toll-free at 1-877-452-7184 or send an email to [email protected].
For further information regarding this news release, please contact:
Glenn Brown, CEO - Extension 3 or Tamara Edwards, CFO - Extension 1
Laurel Hill Advisory Group
This press release includes certain statements that constitute "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements include statements regarding the completion of the Arrangement, approval of the Arrangement by Callinan shareholders and the court, the timing of the Arrangement and the benefits of the Arrangement. Such forward-looking statements are typically identified by words such as "believe", "anticipate", "estimate", "project", "intend", "expect", "may", "will", "plan", "should", "would", "contemplate", "possible", "attempts", "seeks" and similar expressions. Forward-looking statements may relate to future outlook and anticipated events or results. By their very nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, and the risk that predictions and other forward looking statements will not prove to be accurate. Do not unduly rely on forward-looking statements, as a number of important factors, many of which are beyond Callinan's control, could cause actual results to differ materially from the estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, the ability to obtain approval of the Arrangement by the Callinan shareholders and the court and to obtain the other regulatory approvals, the ability of the parties to satisfy the conditions of the Arrangement and the possible occurrence of any other event, change or other circumstance that could give rise to the termination of the Arrangement Agreement, or the delay of consummation of the Arrangement or failure to complete the Arrangement for any other reason. Forward-looking statements speak only as of the date those statements are made. Except as required by applicable law, Callinan does not assume any obligation to update, or to publicly announce the results of any change to, any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements.
SOURCE Callinan Royalties Corporation
For further information: regarding this news release, please contact: Glenn Brown, CEO - Extension 3 or Tamara Edwards, CFO - Extension 1, 1-604-424-8639, [email protected]; OR Laurel Hill Advisory Group, 1-877-452-7184, [email protected]