COLUMBUS, Ohio, Dec. 15,
2014 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF)
(the "Partnership" or "Oxford") today announced that Institutional
Shareholder Services (ISS), Glass, Lewis & Co. (Glass
Lewis) and Egan-Jones Proxy Services (Egan-Jones), three
leading independent proxy advisory firms, have all issued reports
recommending that Oxford unitholders vote "FOR" on all of the
proposals required to carry out the recently announced transactions
with Westmoreland Coal Company ("Westmoreland").
"We are pleased that these leading proxy advisory firms have
indicated their support for the proposed transactions with
Westmoreland, and we encourage all of our unitholders to vote FOR
all proposals enabling us to conclude the transactions," said
Charles C. Ungurean, Oxford's
President and Chief Executive Officer.
The Partnership's board of directors strongly encourages all
unitholders to vote their units FOR the proposals promptly to be
sure their units are represented at the Special Meeting of
Unitholders to be held on December 23, 2014. All
unitholders, regardless of the number of units they own, are asked
to vote by internet, telephone or mail. Unitholders who have any
questions, require assistance in voting the proxy card, or need
additional copies of Oxford's proxy materials are encouraged to
contact MacKenzie Partners toll-free at (800) 322-2885.
About Oxford
Oxford Resource Partners, LP is a low-cost producer of
high-value thermal coal in Northern Appalachia. Oxford markets its
coal primarily to large electric utilities with coal-fired,
base-load scrubbed power plants under long-term coal sales
contracts. The Partnership is headquartered in Columbus, Ohio.
For more information about Oxford Resource Partners, LP (NYSE:
OXF), please visit www.OxfordResources.com. Financial and other
information about the Partnership is routinely posted on and
accessible at www.OxfordResources.com.
Additional Information and Where to Find It
In connection with the proposed transactions, the Partnership
filed with the SEC a definitive proxy statement and other relevant
documents on December 1, 2014. The definitive proxy statement
and a form of proxy have been mailed to the Partnership's
unitholders. Unitholders are urged to read the definitive proxy
statement and any other documents filed with the SEC in connection
with the proposed transactions or incorporated by reference in the
proxy statement because they contain important information about
the proposed transactions.
Oxford unitholders will be able to obtain copies of the
definitive proxy statement as well as other filings containing
information about Oxford, without charge, at the SEC's website,
http://www.sec.gov. Copies of documents filed by Oxford with the
SEC are made available free of charge on Oxford's website
(www.oxfordresources.com) under "Investor Relations."
Participants in Solicitation
The directors and executive officers of the Partnership's
general partner may be deemed to be participants in the
solicitation of proxies from the Oxford unitholders in respect of
the proposed transactions. Information about the directors and
executive officers of the Partnership's general partner is set
forth in Oxford's Annual Report on Form 10-K for the year ended
December 31, 2013, which was filed
with the SEC on March 4, 2014.
Investors may obtain additional information regarding the interest
of such participants by reading the definitive proxy statement.
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visit:http://www.prnewswire.com/news-releases/oxford-resource-partners-lp-receives-for-recommendations-from-three-leading-independent-proxy-advisory-firms-related-to-unitholder-approval-of-proposed-transactions-with-westmoreland-300009245.html
SOURCE Oxford Resource Partners, LP