In making its recommendation, ISS commented:
'Vote FOR this resolution as the strategic rationale makes sense, the merger consideration represents a significant premium to the unaffected price, the special committee engaged in a credible process, and non-approval risk remains elevated.'
Glass Lewis commented:
'All told, we believe the board has presented a sufficient case to support its view that the strategic opportunity presented by the proposed merger is attractive. We highlight that the combined company is expected to benefit from geographical diversification, economies of scale, peer leading production growth and enhanced market presence, among other potential benefits, as well as that the implied value of the merger consideration offers meaningful premiums.'
Voting is easy, and important - Vote FOR the Arrangement TODAY
Marathon Shareholders are encouraged to vote FOR the Arrangement by no later than
Please visit the Special Meeting page on our website for complete details and links to all relevant documents at marathon-gold.com/investors/special-meeting/. This webpage also includes dial-in information for those who wish to listen in to the Special Meeting.
Questions & Voting
If you have questions about the meeting matters or require voting assistance, please contact Marathon's proxy solicitation agent,
Contact:
Tel: 1-877-452-7184
Email: assistance@laurelhill.com
About Marathon
Marathon (TSX:MOZ) is a Toronto based gold company advancing its 100%-owned
Contact:
Manager, Investor Relations
Tel: 416 855-8202
Email: amallough@marathon-gold.com
Cautionary Statement Regarding Forward-Looking Information
Certain information contained in this news release, constitutes forward-looking information within the meaning of Canadian securities laws ('forward-looking statements'). All statements in this news release, other than statements of historical fact, which address events, results, outcomes or developments that Marathon expects to occur are forward-looking statements. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as 'expects', 'anticipates', 'plans', 'believes', 'estimates', 'considers', 'intends', 'targets', or negative versions thereof and other similar expressions, or future or conditional verbs such as 'may', 'will', 'should', 'would' and 'could'. We provide forward-looking statements for the purpose of conveying information about our current expectations and plans relating to the future, and readers are cautioned that such statements may not be appropriate for other purposes.
Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond Marathon's control. These forward-looking statements are qualified in their entirety by cautionary statements and risk factor disclosure contained in filings made by Marathon with the Canadian securities regulators, including Marathon's annual information form for the year ended
Marathon's forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management of Marathon at such time. Marathon does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, undue reliance should not be placed on forward-looking statements.
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