Barrick Announces Favorable ISS Recommendation for Randgold Merger
October 19 2018 - 2:35PM
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick”) today
announced that Institutional Shareholder Services Inc. (“ISS”), a
leading independent proxy advisory firm, has recommended that
Barrick shareholders vote
FOR the ordinary
resolution of shareholders approving the issuance of Barrick common
shares in connection with the merger of Barrick and Randgold
Resources Limited.
Additionally, in response to comments received
from ISS which led to a negative recommendation on the continuance
resolution, Barrick has made minor revisions to the advance notice
provisions contained in the articles to be adopted in connection
with the proposed continuance of Barrick to the Province of British
Columbia to make them consistent with what ISS considers to be best
practice. The changes to the articles, which were included in
Schedule K to the Barrick information circular dated October 4,
2018, involve the deletion of sections 14.2(4)(b)(vii) and
14.2(4)(b)(viii) of the articles, which would have required a
shareholder nominating a director for election to represent (1)
that such shareholder intends to appear in person or by proxy at
the applicable shareholders’ meeting to propose such nomination,
and (2) whether such shareholder intends to deliver a proxy
circular or otherwise solicit proxies in support of its director
nomination.
A revised Schedule K to the Barrick information
circular reflecting the revisions above is available on Barrick’s
website at www.barrick.com/a-new-champion.
Shareholder Questions and
Assistance
If you have any questions or require assistance
voting your shares, please contact our proxy solicitation agent,
Laurel Hill Advisory Group, at 1-877-452-7184 toll-free in North
America, or call collect outside North America at +1 416 304-0211,
or by e-mail at assistance@laurelhill.com.
INVESTOR CONTACTDeni
NicoskiSenior Vice PresidentInvestor RelationsTelephone:
+1 416 307-7474Email: dnicoski@barrick.com
MEDIA CONTACTAndy
Lloyd Senior Vice PresidentCommunicationsTelephone: +1 416
307-7414Email: alloyd@barrick.com
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