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Leading Independent Advisory Firms ISS and Glass Lewis Recommend that SSR Mining and Alacer Gold Shareholders Vote for the Matters Proposed in Connection with Proposed Merger
Leading Independent Advisory Firms ISS and Glass Lewis Recommend that SSR Mining and Alace...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n\nLeading Independent Advisory Firms ISS and Glass Lewis Recommend that SSR Mining and Alacer Gold Shareholders Vote for the Matters Proposed in Connection with Proposed Merger\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC and DENVER, Colo., June 25, 2020\n\n\n\nISS and Glass Lewis both state that the proposed merger is in the best interest of SSR Mining and Alacer shareholders.SSR Mining Shareholders' Deadline to Vote is prior to 9:00 a.m. (PDT) on July 8, 2020.Alacer Shareholders' Deadline to Vote is prior to 12:00 p.m. (MDT) on July 8, 2020. VANCOUVER, BC and DENVER, Colo., June 25, 2020 /CNW/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (\"SSR Mining\") and Alacer Gold Corp. (TSX: ASR) (ASX: AQG) (\"Alacer\") are pleased to announce that Institutional Shareholder Services (\"ISS\") and Glass Lewis & Co. (\"Glass Lewis\") have both recommended that shareholders vote FOR the matters to be voted on at the applicable meetings (the \"Meetings\") in connection with their previously announced at-market merger of equals pursuant to a plan of arrangement under the Business Corporations Act (Yukon) (the \"Transaction\"). The SSR Meeting will be held online at 9:00 a.m. (PDT) on July 10, 2020 in a virtual-only format conducted by live audio webcast. The Alacer Meeting will be held online at 12:00 p.m. noon (MDT) on July 10, 2020 in a virtual-only format conducted by live audio webcast.\nBoth 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. \nAs part of its SSR Mining analysis, ISS stated the following: \"The transaction is structured as an \"at-market\" merger and the deal appears to make strategic sense as it will result in the creation of a diversified gold producer with an experienced management team…Given these factors and expected synergies by combining the two companies, absence of significant governance concerns and the ability to respond to superior pro...