Leading Independent Proxy Advisory Firms Recommend AuRico Metals Shareholders Vote in Favour of Proposed Plan of Arrangement
Dec 11, 2017, 07:00 ET
TORONTO, Dec. 11, 2017 /CNW/ - AuRico Metals Inc. (TSX: AMI), ("AuRico" or the "Company") today announced that Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC, two leading proxy advisory firms, have recommended that AuRico Metals shareholders vote FOR the plan of arrangement whereby Centerra Gold Inc. will acquire all of the issued and outstanding shares of the Company.
AuRico Metals shareholders are reminded to vote their proxy before 10:00 a.m. (Toronto time) on December 20, 2017. AuRico's Board of Directors unanimously recommends that shareholders vote in favour of the proposed transaction. For more information and assistance in voting your proxy, please contact the Company's proxy solicitation agent, D.F. King, at 1-800-926-6756 or by email at [email protected].
About AuRico Metals
AuRico Metals is a mining development and royalty company with a 100% interest in the Kemess property in British Columbia, Canada. The Kemess property hosts the feasibility-stage Kemess Underground Gold-Copper Project, the Kemess East Project, and the infrastructure pertaining to the past producing Kemess South mine. AuRico's royalty portfolio includes a 1.5% NSR royalty on the Young-Davidson Gold Mine and a 2% NSR royalty on the Fosterville Gold Mine, as well as a portfolio of additional producing and pre-production royalty assets located in North America and Australia.
Cautionary Statement on Forward-Looking Information
This press release contains "forward-looking statements". All statements other than statements of historical fact included in this release, are forward-looking statements that involve various risks and uncertainties and are based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might", "have potential" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Please consult the section titled "Risk Factors" in AuRico's Annual Information Form and other disclosures of "Risk Factors" by AuRico available on SEDAR. There can be no assurance that such statements 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.
SOURCE AuRico Metals
For further information: please visit the AuRico Metals website at www.auricometals.ca or contact: Chris Richter, President and Chief Executive Officer, AuRico Metals Inc., 416-216-2780, [email protected]
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