TORONTO, June 10, 2020 /CNW/ - Polaris Infrastructure Inc.
(TSX: PIF) ("Polaris Infrastructure" or the "Company"), a
Toronto-based company engaged in
the operation, acquisition and development of renewable energy
projects in Latin America, today
provided an update regarding its annual and special meeting of
shareholders to be held in a virtually-only format on June 17, 2020 at 10:00
a.m. (Toronto time) (the
"Meeting") and the voting procedures available to
shareholders.
Virtual Only Meeting Format
As previously noted, as a result of the unprecedented public
health impact of COVID-19 and to mitigate risks to health and
safety of our communities, shareholders, employees and other
stakeholders, this year the Company will be hosting the Meeting
online through a live webcast. Registered shareholders and
duly appointed proxyholders will be able to attend, participate and
vote at the Meeting at
https://web.lumiagm.com/184430233, password: polaris2020 (case
sensitive).
If you have already voted your shares by sending in a proxy, you
do not need to take any further action. However, please note
that if you attend the Meeting and vote at the Meeting, you will be
revoking any and all previously submitted proxies.
Available Voting Procedures
Your vote is important. If you do not plan to attend the Meeting
online, please vote as soon as possible by one of the methods
described below to ensure that your shares are represented and
voted at the Meeting.
Registered shareholders can vote in advance of the Meeting no
later than 10:00 a.m. (Toronto time) on June
15, 2020 through the following methods:
- mail to AST Trust Company (Canada), Attention: Proxy Department, P.O. Box
721, Agincourt, Ontario M1S
0A1;
- facsimile to AST Trust Company (Canada) at toll-free in Canada and United
States fax: 1-866-781-3111; or
- e-mail to proxyvote@astfinancial.com.
Non-registered shareholders receiving Meeting materials through
their broker or other intermediary should complete and return the
voting instruction form provided to them by their broker or other
intermediary in accordance with the instructions provided therein,
or otherwise follow the instructions provided by their broker or
other intermediary.
Questions
In the event that shareholders have not received the Company's
Meeting materials necessary to register their vote due to mailing
delays or other logistical issues as a result of COVID-19, the
Company reminds shareholders that they can contact the Company's
transfer agent, AST Investor Services, toll-free in Canada and the
United States at 1-800-387-0825 or (416) 682-3860 if calling
outside of North America or by
e-mail at inquiries@astfinancial.com to process their votes through
alternative means.
Cautionary Statements
This news release contains certain "forward-looking information"
within the meaning of applicable Canadian securities laws, which
may include, but is not limited to, the date and time of Meeting.
Such forward-looking information reflects management's current
beliefs and is based on information currently available to
management. Often, but not always, forward-looking statements can
be identified by the use of words such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"predicts", "intends", "targets", "aims", "anticipates" or
"believes" or variations (including negative variations) of such
words and phrases or may be identified by statements to the effect
that certain actions "may", "could", "should", "would", "might" or
"will" be taken, occur or be achieved. A number of known and
unknown risks, uncertainties and other factors may cause the actual
results or performance to materially differ from any future results
or performance expressed or implied by the forward-looking
information. Such factors include, among others, general business,
economic, competitive, political and social uncertainties; the
actual results of current geothermal energy production, development
and/or exploration activities and the accuracy of probability
simulations prepared to predict prospective geothermal resources;
changes in project parameters as plans continue to be refined;
possible variations of production rates; failure of plant,
equipment or processes to operate as anticipated; accidents, labour
disputes and other risks of the geothermal industry; political
instability or insurrection or war; labour force availability and
turnover; delays in obtaining governmental approvals or in the
completion of development or construction activities, or in the
commencement of operations; the ability of the Company to continue
as a going concern and general economic conditions, as well as
those factors discussed in the section entitled "Risk Factors" in
the Company's Annual Information Form for the year ended
December 31, 2019 which is available
on SEDAR. These factors should be considered carefully, and
readers of this news release should not place undue reliance on
forward-looking information.
Although the forward-looking information contained in this news
release is based upon what management believes to be reasonable
assumptions, there can be no assurance that such forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance
on forward-looking information. The information in this news
release, including such forward-looking information, is made as of
the date of this news release and, other than as required by
applicable securities laws, Polaris Infrastructure assumes no
obligation to update or revise such information to reflect new
events or circumstances.
About Polaris Infrastructure
Polaris Infrastructure is a Toronto-based company engaged in the
operation, acquisition and development of renewable energy projects
in Latin America. Currently, the Company operates a 72MW
geothermal project located in Nicaragua and three run-of-river hydroelectric
projects in Peru, with
approximately 20MW average (net), 8MW average (net), and 5MW
average (net) of capacity.
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SOURCE Polaris Infrastructure Inc.