TSX-V: MKO; OTCQB: MAKOF
VANCOUVER, BC, June 29, 2020 /CNW/ - Mako Mining
Corp. (TSX-V: MKO) (OTCQB: MAKOF) ("Mako" or the
"Company") today announces that it is relying on the temporary
blanket relief provided by the Canadian Securities Administrators,
pursuant to BC Instrument 51-516 - Temporary Exemptions from
Certain Requirements to File or Send Securityholder
Materials, to postpone the filing of its executive
compensation disclosure until such time as such executive
compensation disclosure is filed and delivered to shareholders as
part of the Company's management information circular (the
"Circular") relating to its upcoming Annual and Special Meeting of
Shareholders scheduled to be held on August
27, 2020 (the "Meeting").
In light of current advice from governmental and medical
authorities on public gatherings, Mako is, for the time-being,
encouraging shareholders and others not to attend the Meeting in
person. Instead, shareholders should vote their shares prior to the
Meeting as per the voting and proxy instructions that will be set
out in the Circular and participate in the Meeting by way of
conference call. Further details with respect to the conference
call are expected to be included in the Circular.
On behalf of the Board,
Akiba
Leisman
Chief Executive Officer
About Mako
Mako Mining Corp. is a publicly listed gold mining, development
and exploration firm. The Company is developing its high-grade San
Albino gold project in Nueva
Segovia, Nicaragua. Mako's
primary objective is to bring San Albino into production quickly
and efficiently, while continuing exploration of prospective
targets in Nicaragua.
Forward-Looking Statements: Some of the
statements contained herein may be considered "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking information is based on certain expectations and
assumptions, including that the Company will hold its Meeting on
August 27, 2020, as scheduled, and
that such Meeting shall include a conference call line for
attendees to participate. Such forward-looking information is
subject to a variety of risks and uncertainties which could cause
actual events or results to differ materially from those reflected
in the forward-looking information, including, without limitation,
the risk that there is a resurgence of COVID-19 and the Company is
forced to reschedule its physical Meeting, and the risk that the
Company is unable to set up a conference call line for its Meeting.
Such information contained herein represents management's best
judgment as of the date hereof, based on information currently
available and is included for the purposes of providing investors
with the Company's plans and expectations with respect to the
filing of its executive compensation disclosure in connection with
its Meeting, and may not be appropriate for other purposes.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Mako Mining Corp.