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In their respective reports, ISS and Glass Lewis cite the fairness of the Transaction and the strategic rationale behind the Transaction, including anticipated lower corporate operating costs and the potential for
ISS is a leading global provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations. ISS has 2,200 employees operating worldwide across 29 global locations in 15 countries. Its experienced research team provides comprehensive proxy analyses and complete vote recommendations for approximately 44,000 meetings annually in around 115 markets worldwide. ISS has approximately 3,100 clients, which include many of the world's leading institutional investors, who rely on ISS' objective and impartial offerings.
Glass Lewis is a leading provider of independent global governance services, enabling institutional investors and publicly listed companies to make sustainable decisions based on research and data. Glass Lewis cover 30,000+ meetings each year, across approximately 100 global markets. Glass Lewis' customers include the majority of the world's largest pension plans, mutual funds, and asset managers (collectively managing over $40 trillion in assets), and has teams located across
UPC Special Shareholder Meeting
UPC shareholders are reminded that the special meeting, at which shareholders will be asked to vote FOR the Transaction, will be held in a virtual-only format on
The proxy voting deadline is
The Circular and related meeting and proxy materials have been mailed to shareholders in connection with the upcoming special meeting of shareholders. A copy of the Circular is also available on UPC's website at https://uraniumparticipation.com/ and under UPC's profile at www.sedar.com.
Shareholders that require further assistance, please contact the proxy solicitation agent,
About Sprott
Sprott is a global leader in precious metal investments. With offices in
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Caution Regarding Forward-Looking Information
This press release contains certain forward-looking statements and forward-looking information that are based on UPC's current internal expectations, estimates, projections, assumptions and beliefs. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intent", "estimate", "anticipate", "plan", "should", "believe" or "continue" or the negative thereof or variations thereon or similar terminology and include statements with respect to: the proposed Transaction and the described elements thereof, including the ability of the parties to complete the Transaction as described and the anticipated benefits of the Transaction.
By their very nature, forward-looking statements involve numerous factors, assumptions and estimates. A variety of factors, many of which are beyond the control of UPC, may cause actual results to differ materially from the expectations expressed in the forward-looking statement. These factors include, but are not limited to, potential changes in the terms of the Transaction and/or Arrangement Agreement and/or the inability to satisfy the conditions to completion of the Transaction which could result in the termination of the Arrangement Agreement, including the inability to obtain the required approvals from UPC's shareholders at the Meeting and/or the emergence of a superior proposal. There is a risk that the currently anticipated benefits of a completed Transaction may not be achieved. For a description of the principal risks of UPC, see "Risk Factors" in UPC's Annual Information Form dated
These and other factors should be considered carefully, and readers are cautioned not to place undue reliance on these forward-looking statements. Although management reviews the reasonableness of its assumptions and estimates, unusual and unanticipated events may occur which render them inaccurate. Under such circumstances, future performance may differ materially from those expressed or implied by the forward-looking statements. Except where required under applicable securities legislation, UPC does not undertake to update any forward-looking information statement.
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