Canyon Resources Announces the Postponement of the Special Meeting
March 06 2008 - 7:20PM
PR Newswire (US)
GOLDEN, Colo., March 6 /PRNewswire-FirstCall/ -- Canyon Resources
Corporation ("Canyon")(AMEX:CAU), a Colorado based mining company,
today announced that at its special meeting of stockholders held on
March 6, 2008, the stockholders voted to approve the adjournment of
the special meeting to solicit additional votes to approve the
Agreement and Plan of Merger dated as of November 16, 2007, by and
among Atna Resources Ltd. ("Atna"), a wholly owned subsidiary of
Atna, and Canyon. To date, 25.3 million shares voted in favor of
the merger, representing 47.2 percent of the total Canyon
stockholders that have delivered proxy cards. This represents 73
percent of the proxies delivered and 94.4 percent of the vote
required to approve the merger. Holders of a total of 64 percent of
the outstanding shares of common stock of Canyon have delivered
proxy instructions. The approval of the merger requires the holders
of a majority of outstanding Canyon common stock to vote in favor
of the merger. The special meeting will reconvene at 9:00 a.m. MST
on March 13, 2008, at the Canyon Resources Corporation offices
located at 14142 Denver West Parkway, Suite 250, Golden, CO. The
polls will remain open during the adjournment. The record date for
stockholders entitled to vote at the special meeting remains
January 18, 2008. Your vote is important regardless of the number
of shares you own. To vote your shares you may fax your completed
proxy card to our proxy agent, The Altman Group at 201-460-0050 or
call 800-314-9816. Additional Information and Where to Find it In
connection with the merger, Atna and Canyon have filed relevant
materials with the SEC, including the filing by Atna with the SEC
of a Registration Statement on Form F-4 on January 17, 2008, which
incorporates a proxy statement/prospectus (the "Proxy
Statement/Prospectus") that Canyon has mailed to its stockholders
in connection with obtaining approval of the merger. The Proxy
Statement/Prospectus contains important information about Canyon,
Atna, the merger and related matters. INVESTORS AND SECURITY
HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS CAREFULLY.
Investors and security holders may obtain free copies of the Proxy
Statement/Prospectus and other documents filed with the SEC by
Canyon and Atna through the web site maintained by the SEC at
http://www.sec.gov/. Canyon, Atna and their directors and executive
officers also may be deemed to be participants in the solicitation
of proxies from the stockholders of Canyon in connection with the
approval of the merger. Information regarding the special interests
of these directors and executive officers in the merger is included
in the Proxy Statement/Prospectus. Additional information regarding
Canyon's directors and executive officers is also included in
Canyon's annual report on Form 10-K, which was filed with the SEC
on March 2, 2007. Additional information regarding Atna's directors
and executive officers is included in Atna's Form 20-F filed with
the SEC on June 30, 2005, as amended January 4, 2008. These
documents are available free of charge at the SEC's web site at
http://www.sec.gov/. Forward-looking Statements Certain
forward-looking statements are included in this release and are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements reflect Canyon's current expectations regarding the
merger and speak only as of the date of this release. Investors are
cautioned that all forward-looking statements in this release
involve risks and uncertainties that could cause actual results to
differ materially from those referred to in the forward-looking
statements. These risks and uncertainties are further described in
the Proxy Statement/Prospectus, which investors and security
holders are urged to read. FOR FURTHER INFORMATION, CONTACT: James
Hesketh, President and CEO (303) 278-8464 Valerie Kimball, Investor
Relations (303) 278-8464 http://www.canyonresources.com/
DATASOURCE: Canyon Resources Corporation CONTACT: James Hesketh,
President and CEO, or Valerie Kimball, Investor Relations, both of
Canyon Resources Corporation, +1-303-278-8464 Web site:
http://www.canyonresources.com/
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