Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Gold Standard Security Holders Vote for the Proposed Transaction With Orla
July 21 2022 - 4:38PM
Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold
Standard” or the “Company”) is pleased to announce that leading
independent proxy advisory firms, Institutional Shareholder
Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”)
have each recommended Gold Standard security holders (“Security
Holders”) vote “FOR” the proposed acquisition by Orla Mining Ltd.
(“Orla”) at the upcoming special meeting of the Security Holders
(the “Meeting”) to be held on August 9, 2022.
ISS and Glass Lewis are leading independent,
third party proxy advisory firms who, among other services, provide
proxy voting recommendations to pension funds, investment managers,
mutual funds and other institutional shareholders.
In their report ISS stated, “The proposed
amalgamation makes strategic sense as the arrangement appears to
represent the best alternative among the opportunities available to
improve the ability to increase shareholder value, and provides
access to a strong balance sheet and increased cash flow generation
to fund the construction of the company's assets and future
exploration initiatives at reduced dilution, financing,
development, and execution risk.”
Glass Lewis’ report noted, “the arrangement
affords continuing investors exposure to a considerably larger,
financially stronger and more strategically diverse enterprise with
suitable development expertise and a clearer path towards stable
advancement of Gold Standard’s South Railroad Project.”
Gold Standard’s Board of Directors
UNANIMOUSLY recommends that Security HoldersVOTE
FOR the Arrangement Resolution
How to Vote
In the essence of time, Security Holders are encouraged to vote
online or by telephone.
THE VOTING DEADLINE IS 8:30 a.m. (Pacific
Time) ON FRIDAY AUGUST 5, 2022
Vote using
the following methods prior to the Meeting. |
Internet |
Telephone or Fax |
|
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Registered
Shareholders Shares held in own name and represented by a
physical certificate. |
www.investorvote.com |
Telephone: 1-866-732-8683Fax: 1-866-249-775 |
|
|
|
|
|
Non-Registered
Shareholders Shares held with a broker, bank or other
intermediary. |
www.proxyvote.com |
Call or fax to the number(s) listed on your voting instruction
form |
|
The Meeting Materials have been filed by the
Company on SEDAR and are available under the Company’s profile at
www.sedar.com and on the Company’s website at
www.goldstandardv.com/investors/filings-financials/sms.
Security Holder Questions and Voting
Assistance
For any questions or assistance with voting,
Security Holders can contact Laurel Hill Advisory Group at
1-877-452-7184 (toll-free in North America), 1-416-304-0211 (calls
outside North America) or by email at
assistance@laurelhill.com.
About Gold Standard
Gold Standard is developing the South Railroad
Project, an open pit, heap leach gold project located in Elko
County, Nevada. The project is part of a +21,000 hectare land
package on the Carlin Trend, and is 100% owned or controlled by
Gold Standard.
Cautionary Note Regarding
Forward-Looking Statements
This news release contains forward-looking
statements, which relate to future events or future performance.
All statements, other than statements of historical fact, included
herein are forward-looking statements. Forward-looking statements
herein include, without limitation, statements regarding the
benefits of the transaction and the Meeting. Such forward-looking
statements reflect management’s current beliefs and are based on
assumptions made by and information currently available to the
Company, including that the Company will complete the transaction,
including receipt of required Security Holder, regulatory and Court
approvals. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may
cause our actual results, performance or achievements, or other
future events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. These risks, uncertainties and other
factors include, among others: that the Company may not complete
the transaction, including receipt of required Security Holder,
regulatory and Court approvals, and the additional risks identified
in our filings with Canadian securities regulators on SEDAR in
Canada (available at www.sedar.com) and with the SEC on EDGAR
(available at www.sec.gov/edgar.shtml). These forward-looking
statements are made as of the date hereof and, except as required
under applicable securities legislation, the Company does not
assume any obligation to update or revise them to reflect new
events or circumstances.
For further information
contact:Michael McDonaldVice President, Corporate
Development & Investor RelationsPhone: 1-604-687-2766E-Mail:
info@goldstandardv.com
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