Business
Leading Independent Proxy Advisory Firms Recommend Alamos and AuRico Shareholders Vote in Favour of Proposed Plan of Arrangement
TORONTO , June 11, 2015 /CNW/ - Alamos Gold Inc. ("Alamos") (TSX/NYSE:AGI) and AuRico Go...
About this update from Auq Gold Mining Inc.
[{"type":"text","content":"\n\nTORONTO, June 11, 2015 /CNW/ - Alamos Gold Inc. (\"Alamos\") (TSX/NYSE:AGI) and AuRico Gold Inc. (\"AuRico\") (TSX/NYSE: AUQ) today announced that Institutional Shareholder Services Inc. (\"ISS\") and Glass, Lewis & Co., LLC (\"Glass Lewis\"), two leading proxy advisory firms, have recommended that both Alamos and AuRico shareholders vote FOR the plan of arrangement to combine the two companies at their special meetings of shareholders to be held on June 24, 2015.\n\nISS and Glass Lewis cited the sound strategic rationale behind the transaction and favourable market reaction in recommending Alamos and AuRico shareholders vote in favour of the plan of arrangement to merge the two companies.\n\nISS is the leading provider of corporate governance solutions to the global financial community. More than 1,700 institutional clients rely on the expertise of ISS to help them make more informed investment decisions on behalf of their shareholders.\n\nGlass Lewis is a leading, independent, governance analysis and proxy voting firm, serving more than 900 institutional investors globally.  Glass Lewis focuses their research on the long-term financial impact of investment and proxy vote decisions and assists institutional investors to make sound decisions by uncovering and assessing governance, business, legal, political and accounting risks.\n\nAttention Alamos and AuRico Shareholders\n\nAuRico and Alamos shareholders are reminded to vote their proxy before 10:00 a.m. and 11:00 a.m. (Eastern time), respectively, on Monday, June 22, 2015.  Alamos and AuRico's Board of Directors unanimously recommend that their shareholders vote in favour of the proposed transaction. For more information and assistance in voting your proxy, please contact Kingsdale Shareholder Services at 1-800-775-5159 or by email at [email protected].\n\nAbout Alamos Gold\n\nAlamos is an established Canadian-based gold producer that owns and operates the Mulatos Mine in Mexico, and has exploration and development activities in Mexico, Turkey and the United States. The Company employs more than 500 people and is committed to the highest standards of sustainable development. As of May 5, 2015, Alamos had 127,357,486 common shares outstanding (140,164,052 shares fully diluted), which are traded on the TSX and NYSE under the symbol \"AGI\".\n\n...