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    Home»Mining & Resources»Second Top Independent Proxy Advisory Firm Supports Fission Uranium’s Proposed Arrangement with Paladin Energy
    Mining & Resources

    Second Top Independent Proxy Advisory Firm Supports Fission Uranium’s Proposed Arrangement with Paladin Energy

    Alexander LeeBy Alexander LeeAugust 19, 2024Updated:August 19, 2024No Comments2 Mins Read
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    The forthcoming special meeting of securityholders advises that Glass Lewis has concurred with ISS’ prior recommendation to vote FOR the Arrangement Resolution. Shareholders are urged to cast their votes well in advance of the proxy deadline on August 22, 2024, at 10:00 a.m. (Pacific time). For assistance or inquiries regarding voting procedures, shareholders can reach out to Laurel Hill Advisory Group via telephone at 1-877-452-7184 (North American Toll Free) or 1-416-304-0211 (Outside North America), or by email at [email protected].

    In a recent announcement, Fission Uranium Corp. disclosed that Glass Lewis & Co. has put forth a favorable stance recommending Fission Shareholders’ approval of the Arrangement with Paladin Energy Limited. Glass Lewis, a prominent independent proxy advisor to institutional investors, plays a pivotal role in shareholder meetings and global market decisions.

    President and CEO of Fission, Ross McElroy, welcomed the endorsements from ISS and Glass Lewis for the proposed transaction with Paladin. The consolidation aims to establish one of the largest pure-play uranium entities globally, offering immediate premium benefits and continued participation in the Patterson Lake South project for Fission Shareholders.

    The Special Meeting of Fission Securityholders is slated for August 26, 2024, at 10:00 a.m. (Pacific time) in Vancouver BC. At the Meeting, the Arrangement details will be discussed, with Fission Shareholders considering Paladin’s acquisition and the exchange ratio of Paladin Shares. Shareholders can access Meeting-related materials on SEDAR+ and Fission’s website.

    To facilitate voting, registered securityholders can vote online, by phone, or through mail, as outlined in the circular. The voting deadline is August 22, 2024, at 10:00 a.m. (Pacific time). For any queries or assistance with voting, shareholders can contact Laurel Hill Advisory Group.

    Fission Uranium Corp. is a leading Canadian uranium project developer, owning the Patterson Lake South property in Canada’s Athabasca Basin region. Fission’s common shares are listed on the TSX Exchange and OTCQX marketplace in the U.S.

    This announcement includes forward-looking statements concerning the Arrangement and Fission’s future performance, subject to significant uncertainties and risks in the mining industry. Shareholders are advised to perform independent investigations and consider the inherent risks associated with such statements.

    For further information or shareholder inquiries, please contact Investor Relations at TF: 877-868-8140 or [email protected]

    Fission Uranium Corp.
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    Alexander Lee
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    Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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