Curis mails special meeting materials to approve acquisition by Taseko
16.10.2014 | CNW
VANCOUVER, Oct. 16, 2014 /CNW/ - Curis Resources Ltd. (TSX:CUV) ("Curis" or the "Company") announces that it has mailed its management information circular (the "Circular") and related proxy materials to its shareholders and other securityholders (together, "Securityholders") in connection with the special meeting of Securityholders to be held at 9:00 a.m. (Vancouver time) on November 10, 2014 (the "Meeting").At the Meeting, Securityholders will be asked to approve the Company's previously announced transaction with Taseko Mines Ltd. ("Taseko") whereby Taseko is proposing to acquire all of the issued and outstanding common shares of Curis by way of a statutory plan of arrangement. The transaction is subject to the terms and conditions of an arrangement agreement (the "Agreement") described in a Curis News Release dated September 8, 2014 between the Curis and Taseko (the "Transaction"). Under the terms of the Agreement, holders of Curis Shares will receive 0.438 of a Taseko common share for each Curis common share held, representing consideration of $1.055 per Curis share, which is a 21% premium based on Curis' 20-day volume-weighted average price for the period ended September 8, 2014.
The Circular contains, among other things, details concerning the Transaction, reasons that Curis' Board of Directors recommends the Transaction, requirements for the Transaction to complete and the procedure for receiving consideration payable for Curis shares, as well as the procedures for voting at the meeting and other related matters. Securityholders are urged to carefully review the Circular and accompanying materials as they contain important information regarding the Transaction and its consequences to Securityholders. A copy of the Circular is available on Curis' website at www.curisresources.com or on SEDAR at www.sedar.com.
The Curis Board of Directors UNANIMOUSLY recommends that Securityholders vote FOR the Transaction.
YOUR VOTE IS IMPORTANT. VOTE TODAY.
A proxy form or voting instruction form will accompany the meeting materials you receive by mail. Instructions on how to vote, which vary depending on whether you are a beneficial shareholder or a registered shareholder or an optionholder of the Company are provided in the Circular.
Registered shareholders and optionholders may vote in person at the meeting, by mail or by:
- Internet: vote online at www.investorvote.com using the control number located on your proxy.
- Telephone: 1-866-734-VOTE(8683), toll free in Canada and United States.
If you have any questions or need assistance voting, please contact Shorecrest Group by phone toll free at 1-888-637-5789, collect at 647- 931-7454; or by email at info@shorecrestgroup.com.
Contact
about Curis, contact: Susie Bell, Manager Investor Relations, Tel: 604-684-6365, Email: Susiebell@hdimining.com