TORONTO, Sept. 16, 2019 /CNW/ - Orefinders
Resources Inc. ("Orefinders" or the "Company") (TSX.V:ORX)
announces the launch of SaveMistango.com, to inform Mistango
River Resources Inc. ("Mistango") (MIS:CSE) shareholders on the
unethical and potentially illegal entrenchment tactics employed by
Mistango's Board of Directors to entrench themselves at the expense
of shareholder rights. If they have not done so already,
Mistango shareholders must vote before September 26, 2019.
SaveMistango.com
Mistango's Board of Directors has engaged in a series of actions
which are an affront to shareholder democracy. These dictatorial
tactics were culminated at Mistango's Annual Meeting of
Shareholders on September
10th, when its Board learned of shareholder
voting results which were unfavourable to them. After learning of
the results, Mistango's Board of Directors immediately canceled the
vote along with the Annual Shareholder Meeting. No shareholders at
the meeting were permitted to speak. Now Mistango's Board now
refuses to release the results of this vote in an attempt to
silence shareholders and invalidate their rights. Furthermore,
Mistango is now actively engaging in further tactics, including
soliciting another dilutive private placement, to alter and
manipulate the legal and valid demands of shareholders.
The results of September 10,
2019 Mistango shareholder vote must be made public and its
results enforced in order to Save Mistango and preserve the
integrity of Canada's capital
markets. Shareholder vote suppression is a matter of Public
Interest.
Visit SaveMistango.com for information
on:
- How Mistango Shareholders can vote for their Shareholders
Rights
- Our plan to Save Mistango via investment in the Omega
Project and aligning the interests of Mistango's New Board with
those of its shareholders
- Why change is needed at Mistango and how its current Board of
Directors are abusing your shareholder rights
- How Mistango's Board's conduct has become a Public Interest
issue whose precedent poses a risk to All Canadian Investors
Vote Now – Your Say Matters – Click here for
Instructions - Votes Must be Submitted By September 26, 2019
Orefinders is relying on the exemption under section 9.2(4) of
National Instrument 52-102 – Continuous Disclosure Obligations to
make this public broadcast solicitation. This solicitation is
being made by Orefinders, and not by or on behalf of the management
of Mistango. It is being publicly broadcasted via this news
release and the website savemistango.com and proxies may be
solicited by telephone, email or other electronic means, as well as
by newspaper or other media advertising and in person by personnel
of Orefinders, who will not be specifically remunerated
therefor. Should interested parties or shareholders of
Mistango choose to contact Orefinders, they may call 416.644.1567
and ask for the CEO Stephen Stewart.
Orefinders has not entered into any proxy solicitation arrangement
in relation to this broadcast. The anticipated cost of the public
broadcast is $100.00 and the full
cost of this broadcast and disclosure has been paid for by
Orefinders, which owns 11.85 million shares of Mistango River
Resources Inc.
Shareholders of Mistango should refer to Mistango's Management
Information Circular dated August 20,
2019, which is filed and available on Sedar.com, for further
information regarding the nominee directors of Orefinders.
None of Orefinders' nominee directors has entered into any material
contract or transaction with Mistango.
Neither 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. Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Orefinders' assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Orefinders. Additional information identifying risks
and uncertainties is contained in filings by Orefinders with
Canadian securities regulators, which filings are available under
Orefinders' profile at www.sedar.com
SOURCE Orefinders Resources Inc.