TSXV: MPM | OTCQB: MLPMF
- Shareholders are encouraged to vote well in advance of the proxy deadline of
April 24, 2023 at4:00 p.m. (Toronto time) - Shareholders who have questions or need assistance with voting should contact
Laurel Hill Advisory Group by telephone at 1-877-452-7184 (North American Toll Free) or 416-304-0211 (Outside North America ), or by email at assistance@laurelhill.com
TORONTO,
As an independent proxy advisory firm, ISS has approximately 3,400 clients, including many of the world's leading institutional investors, who rely on ISS' objective and impartial analysis to make important voting decisions.
ISS' analysis stated: "The transaction makes strategic sense as the combination will provide shareholders with the opportunity to continue to hold their investment in the assets of the company and participate as shareholders of the purchaser in a larger and more diversified company." ISS recommends that Millennial shareholders vote FOR the arrangement resolution.
Glass Lewis is an independent proxy advisor to institutional investors, covering 30,000 shareholder meetings each year, across approximately 100 global markets. Their customers include the majority of the world's largest pension plans, mutual funds and asset managers who collectively manage over
In the analysis underpinning their endorsement that Millennial shareholders vote FOR the arrangement resolution, Glass Lewis noted, "the board [of Millennial] has presented a reasonable case that the merger with Integra presents an attractive opportunity for continuing shareholders and that the prospects of the combined company have certain advantages compared to the Company's prospects on a standalone basis."
REASONS TO VOTE FOR THE ARRANGEMENT
- Enhanced Scale & Diversification. The combined company of Integra and all of its subsidiaries after giving effect to the completion of the arrangement (the "Combined Company") will have a portfolio that contains three of the top oxide heap leach gold-silver projects in the
U.S. not currently controlled by a major mining company and will create a foundation for building a new,Great Basin focused, precious metals producer. - Strong Balance Sheet to Advance Projects.
The Combined Company will have a significantly strengthened balance sheet allowing for meaningful advancement of key milestones at the DeLamar gold and silver project, consisting of the neighbouring DeLamar deposit andFlorida Mountain deposit, the Wildcat property and the Mountain View property. - Improved Capital Markets Presence.
The Combined Company is expected to have enhanced institutional investor following, increased size and trading liquidity in bothCanada and theU.S. , along with a strong equity research following. - Greater Potential for Value Creation. Combination of the
DeLamar Project , the Wildcat property and the Mountain View property, with a sequenced development strategy, is expected to result in greater value creation for the existing shareholders of Integra and Millennial that would not be possible on a standalone basis, balancing execution risks between the three projects. Wheaton Partnership . Strategic equity partnership with Wheaton Precious Metals Corp. provides transaction and project validation and creates a pathway to project financing with an industry leader.
YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN
The special meeting of the shareholders of Millennial will be held at the offices of
Vote using the | |||
Registered Shareholders
Shares held in shareholder's
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Vote online at: www.voteproxyonline.com | Telephone or Fax
Fax: 416-595-9593
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Return the form of proxy in the |
Beneficial Shareholders
Shares held with a broker, bank |
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SHAREHOLDER QUESTIONS AND VOTING ASSISTANCE
Millennial shareholders who have questions or need assistance with voting should contact
ABOUT
Corporate Website: https://millennialpreciousmetals.com/
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding the business development objectives and plans of Millennial.
Forward-looking information contained in this news release are based on certain factors and assumptions. While Millennial considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to health pandemics and the outbreak of communicable diseases.
Further, these forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic conditions in
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
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