VANCOUVER, Oct. 27, 2014 /CNW/ - Curis Resources Ltd. (TSX:CUV) ("Curis" or the "Company") announces that ISS Proxy Advisory Services (ISS), a leading proxy advisory firm that provides advice and voting recommendations to shareholders has published a report recommending that their subscribers vote "FOR" the resolution approving the plan of arrangement agreement (the "Agreement") between Curis and Taseko Mines Limited ("Taseko") announced on September 8, 2014 whereby Taseko is proposing to acquire all of the issued and outstanding common shares of Curis. A copy of the ISS report is available upon request from the Curis investor relations contact.
Under the terms of the Agreement, holders of Curis Shares will receive 0.438 of a Taseko common share for each Curis common share held, representing consideration of $1.055 per Curis share, which is a 21% premium based on Curis' 20-day volume-weighted average price for the period ended September 8, 2014.
Curis President and CEO David Copeland said, "We are pleased to have received a positive recommendation in favour of the transaction from a leading independent source like ISS."
The Curis Board of Directors UNANIMOUSLY recommends that securityholders vote FOR the Transaction.
YOUR VOTE IS IMPORTANT. VOTE TODAY.
A Management Circular and meeting materials has been mailed to all securityholders. A proxy form or voting instruction form accompanies the meeting materials. Instructions on how to vote, which vary depending on whether you are a beneficial shareholder or a registered shareholder or an optionholder of the Company are provided in the Circular.
Registered shareholders and optionholders may vote in person at the special meeting of shareholders and other securityholders that will be held at 9:00 a.m. (Vancouver time) on November 10, 2014, by mail or by:
- Internet: vote online at www.investorvote.com using the control number located on your proxy.
- Telephone: 1-866-734-VOTE(8683), toll free in Canada and United States.
If you have any questions or need assistance voting, please contact Shorecrest Group by phone toll free at 1-888-637-5789, collect at 647-931-7454; or by email at [email protected].
SOURCE: Curis Resources Ltd.
For further information: about Curis, contact: Susie Bell, Manager Investor Relations, Tel: 604-684-6365, Email: [email protected]