Business
Detour Gold Provides Important Voting Results Update to Shareholders and Extends Voting Deadline to Ensure All Voices Heard
Detour Gold Provides Important Voting Results Update to Shareholders and Extends Voting De...
About this update from Daura Gold Corp.
[{"type":"text","content":"\n\n\n\nDetour Gold Provides Important Voting Results Update to Shareholders and Extends Voting Deadline to Ensure All Voices Heard\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\nTORONTO, Dec. 10, 2018\n\n\n\nCompany concerned that preliminary voting results suggest an outcome not intended by a majority of Detour Gold's shareholders – a change of control of the Company's board with serious operational repercussions Meeting postponed to 10:00 a.m. (Toronto time) on Thursday, December 13, 2018 Shareholders are being made aware that a bloc of shareholders has voted with Paulson & Co. for wholesale change of the entire Board of Directors Company encourages shareholders concerned about a change of control (and the disruption to continued operational progress this will result in) to re-cast their vote Voting has been extended until 10:00 a.m. (Toronto time) Wednesday, December 12, 2018 If you wish to change your vote contact Kingsdale Advisors at 1.877.659.1823 or at [email protected] TORONTO, Dec. 10, 2018 /CNW/ - Detour Gold Corporation (TSX: DGC) (\"Detour Gold\" or the \"Company\") has determined that in order to ensure shareholders are fully informed, have time to consider the information provided, and that all shareholders' voices are heard, it is necessary to provide a short extension of shareholder voting until 10:00 a.m. (Toronto time) on Wednesday, December 12, 2018, with the meeting of shareholders (the \"Meeting\") briefly postponed from Tuesday, December 11, 2018 to Thursday, December 13, 2018 at 10:00 a.m.\n\n \n \n\n \n\"Preliminary voting results indicate that vote dispersion, coupled with a significant shareholding bloc having voted with Paulson & Co (\"Paulson\"), will lead to a change of control of Detour Gold's Board of Directors (the \"Board\").  This result would be inconsistent with the intentions expressed to Detour Gold by the vast majority of shareholders we have spoken with. Briefly postponing the Meeting gives shareholders an opportunity to make an informed choice,\" said James Gowans, P. Eng., a...