Additional Proxy Soliciting Materials (definitive) (defa14a)
December 02 2014 - 6:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the
Registrant x Filed by
a Party other than the Registrant ¨
Check the appropriate box:
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Preliminary Proxy Statement |
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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Definitive Proxy Statement |
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Definitive Additional Materials |
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Soliciting Material Pursuant to §240.14a-12 |
OXFORD
RESOURCE PARTNERS, LP
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
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No fee required. |
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Title of each class of securities to which transaction applies:
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Aggregate number of securities to which transaction applies:
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Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing
fee is calculated and state how it was determined):
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Proposed maximum aggregate value of transaction:
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Total fee paid:
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Fee paid previously with preliminary materials. |
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing. |
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Amount Previously Paid:
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Form, Schedule or Registration Statement No.:
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Filing Party:
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Date Filed:
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December 1, 2014
Dear
Fellow Unitholders:
As you well know, our partnership has faced multiple challenges over the past three years. These challenges have had an adverse effect
on Oxford and have contributed to a precipitous decline in the market value of our units and the elimination of cash distributions to our unitholders.
Your Board and management team have worked tirelessly to structure and implement a plan to restructure Oxford in a way that we believe will stabilize the
partnership and allow it to resume distributions. Our plan is a multi-step process that will require your approval.
I am writing to ask for your support
for the series of transactions that will be considered at the special meeting.
It is worthwhile to note that, since the time of our announcement of the
results of our efforts to restructure Oxford, the market value of our publicly traded units has increased significantly.
I ask you to vote the enclosed
proxy card FOR all proposals. In addition to voting by mail, we have made arrangements for telephone and internet voting. Just follow the instructions on the proxy,
Please keep in mind that our proposals require the approval of our public unitholders by a majority vote FOR the proposals. Therefore, not voting will have
the same effect as voting AGAINST the restructuring plan proposals.
Enclosed is the Oxford Resource Partners proxy statement which clearly details
the proposals that we are asking you to vote upon and support and why these transactions have been unanimously approved by your Board including the independent directors.
Sincerely,
Charles C. Ungurean
President
and CEO
Oxford Resources GP, LLC