Noront Resources Announces ISS and Glass Lewis Recommend That Shareholders Vote FOR the Company’s Director Nominees Ahead o...
May 28 2021 - 6:30PM
Noront Resources Ltd. (TSXV: NOT) ("
Noront" or the
"
Company") announces that leading independent
international corporate governance analysis and proxy advisory
firms Institutional Shareholder Services (“
ISS”)
and Glass, Lewis & Co., (“
Glass Lewis”) have
recommended that Noront shareholders vote FOR all of the Company’s
director nominees who are standing for election at Noront’s
upcoming Annual and Special Meeting of Shareholders (the
“
Meeting”) being held on June 9, 2021 at 10:00
a.m. (EDT), and FOR the other items of business. ISS and Glass
Lewis provide voting recommendations to their subscribers after
carefully considering what is in the best interests of
shareholders.
Further details regarding the items of business
to be voted on at the Meeting can be found in Noront’s Proxy
Circular, available on SEDAR (www.sedar.com). Given the ongoing
COVID-19 pandemic, the Company urges shareholders to vote by proxy,
ahead of the Meeting.
YOUR VOTE IS IMPORTANT! – PLEASE VOTE
TODAY
Voting is easy. Due to the essence of
time, vote via the internet or by phone following the instructions
found on your form of proxy or voting instruction
form.
Please submit
your vote well in advance of the proxy voting deadline
at 10:00 a.m. (Eastern Daylight
Time) on June 7, 2021.
Noront may utilize Broadridge’s QuickVote™
service to assist eligible Non-Registered Holders with voting their
shares directly over the telephone.
The Board of Directors recommends that
shareholders vote FOR all of the director nominees and meeting
resolutions.
Shareholder Questions and Assistance
with VotingShareholders who have questions or require
voting assistance may contact Noront’s shareholder communication
advisor and proxy solicitation agent, Laurel Hill Advisory Group,
by telephone at 1-877-452-7184 (toll-free in North America) or
1-416-304-0211 (collect call outside North America) or by email at
assistance@laurelhill.com.
About Noront ResourcesNoront
Resources Ltd. is focused on development of its high-grade Eagle’s
Nest nickel, copper, platinum and palladium deposit and the world
class chromite deposits including Blackbird, Black Thor, and Big
Daddy, all of which are located in the James Bay Lowlands of
Ontario in an emerging metals camp known as the Ring of Fire.
www.norontresources.com
For more information please contact:
Shareholders:
Laurel Hill Advisory Group1-877-452-7184 (toll-free in North
America) or 1-416-304-0211 (collect call outside North America)
assistance@laurelhill.com
Media:
Ian Hamiltonihamilton@longviewcomms.ca(905) 399-6591
Janice Mandel janice.mandel@stringcom.com (647) 300-3853
CAUTIONARY LANGUAGE AND FORWARD-LOOKING
STATEMENTS
This news release includes certain statements
that may be deemed "forward-looking statements". Except for
statements of historical fact relating to Noront, information
contained herein constitutes forward-looking information, including
any information related to Noront's strategy, plans or future
financial or operating performance. Forward-looking information is
characterized by words such as "plan", "expect", "budget",
"target", "project", "intend", "believe", "anticipate", "estimate"
and other similar words, or statements that certain events or
conditions "may", "will", "could" or "should" occur. In order to
give such forward-looking information, the Company has made certain
assumptions about its business, operations, the economy and the
mineral exploration industry in general on each of the foregoing.
In this respect, the Company has assumed that (i) required
regulatory approvals are received for the Rights Plan, (ii)
shareholders will ratify the Rights Plan, and (iii) the Rights Plan
will work as expected to ensure that all Noront shareholders are
treated fairly in connection with any take-over bid and to protect
against "creeping bids". Forward-looking information is based on
the opinions, assumptions and estimates of management considered
reasonable at the date the statements are made, and are inherently
subject to a variety of risks and uncertainties and other known and
unknown factors that could cause actual events or results to differ
materially from those described in, or implied by, the
forward-looking information. Although Noront has attempted to
identify important factors that could cause actual actions, events
or results to differ materially from those described in, or implied
by, the forward-looking information, there may be other factors
that cause actions, events or results not to be anticipated,
estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. The reader is cautioned not to
place undue reliance on forward-looking information. The
forward-looking information contained herein is presented for the
purpose of assisting investors in understanding Noront's expected
performance and Noront's plans and objectives and may not be
appropriate for other purposes. All forward-looking information
contained herein is given as of the date hereof, as the case may
be, and is based upon the opinions and estimates of management and
information available to management of the Company as at the date
hereof. The Company undertakes no obligation to update or revise
the forward-looking information contained herein and the documents
incorporated by reference herein, whether as a result of new
information, future events or otherwise, except as required by
applicable laws.
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