Tuesday, July 09, 2013 6:05:01 PM
Alert
Sprott Resource Lending Corp (TSX:SIL)
Historical Stock Chart
1 Month : From Jun 2013 to Jul 2013
TORONTO, June 26, 2013 /CNW/ - Sprott Resource Lending Corp. (the "Company" or "Sprott Resource Lending") (TSX:SIL) (NYSE MKT:SILU) announced today that its annual and special meeting of shareholders (the "Meeting"), originally scheduled for June 25, 2013, has been rescheduled to 10:00 a.m. (Toronto time) on Thursday, July 18, 2013 at the TSX Gallery, TMX Broadcast Centre, The Exchange Tower, 130 King Street West, Toronto, Ontario for the same purposes as set out in the notice of annual and special meeting of shareholders and management information circular of the Company dated May 24, 2013, including the proposed plan of arrangement between Sprott Inc. ("Sprott") and the Company (the "Arrangement").
The Company has been granted an order by the Ontario Superior Court of Justice, which is the court supervising the Arrangement, and has received approval of the Toronto Stock Exchange, to extend the time for holding the Meeting.
The Company is also pleased to announce that the United States Securities and Exchange Commission ("SEC") has indicated that it has no further comments in respect of its review of the Company's May 31, 2013 Schedule 13E-3 going private transaction statement filing, as amended ("Schedule 13E-3"). In response to the comments received from the SEC and in order to augment its previous disclosure, the Company has prepared an amended and restated management information circular, a copy of which will be mailed to all securityholders of the Company as soon as practicable. The amended and restated management information circular, as well as the Schedule 13E-3, will also be available for download from the Company's website at www.sprottlending.com as well as under its profile on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
"We apologize for the delay and any inconvenience this unexpected postponement of our annual and special meeting may have caused to our shareholders. We would like to thank our shareholders for their continuing patience and support", said Murray Sinclair, Chairman of Sprott Resource Lending's Board of Directors. To date, approximately 72.68% of the votes have been received, of which 98.91% of such votes are in favour of approving the Arrangement.
Shareholders who have already submitted a form of proxy or voting instruction form and do not wish to change their vote need not take any further action and shareholders continue to have the right to revoke or change their proxies prior to the commencement of the Meeting.
The record date for the Meeting has not changed and remains the close of business (5:00 p.m. (Toronto time)) on May 23, 2013.
It is currently expected that the closing of the Arrangement will take place on or about July 24, 2013.
About Sprott Resource Lending Corp.
Sprott Resource Lending (www.sprottlending.com) specializes in lending to resource companies on a global basis. Headquartered in Toronto, the Company seeks to generate income from lending activities as well as the upside potential of bonus arrangements with borrowers generally tied to the underlying property or shares of the borrower. Pursuant to a management services agreement and a partnership agreement, Sprott Lending Consulting Limited Partnership ("SLCLP") provides Sprott Resource Lending day to day business management as well as other management and administrative services. SLCLP is a wholly owned subsidiary of Sprott Inc. (www.sprottinc.com), the parent of Sprott Asset Management LP (www.sprott.com). For more information about Sprott Resource Lending, please visit SEDAR (www.sedar.com).
http://ih.advfn.com/p.php?pid=nmona&article=58170097
Recent SII News
- Sprott Announces Expense Ratio Reduction for Sprott Uranium Miners ETF (NYSE Arca: URNM) • GlobeNewswire Inc. • 04/01/2024 12:00:00 PM
- Sprott Launches Copper Miners ETF • GlobeNewswire Inc. • 03/06/2024 01:15:00 PM
- Sprott Announces Year Ended 2023 Results • GlobeNewswire Inc. • 02/21/2024 12:00:27 PM
- Sprott Inc. Declares Fourth Quarter 2023 Dividend • GlobeNewswire Inc. • 02/20/2024 05:47:46 PM
- Sprott Announces Date for 2023 Annual Results Webcast • GlobeNewswire Inc. • 02/15/2024 12:00:00 PM
- Sprott Announces Third Quarter 2023 Results • GlobeNewswire Inc. • 11/01/2023 11:00:08 AM
- Sprott Inc. Declares Third Quarter 2023 Dividend • GlobeNewswire Inc. • 10/31/2023 04:37:37 PM
- Sprott Announces Date for 2023 Third Quarter Results Webcast • GlobeNewswire Inc. • 10/25/2023 09:00:00 PM
- Sprott Private Resource Lending Fund III Completes Final Closing • GlobeNewswire Inc. • 09/25/2023 11:00:00 AM
- Sprott Private Resource Streaming and Royalty Annex Fund Completes Final Closing • PR Newswire (US) • 09/06/2023 11:00:00 AM
- Sprott Private Resource Streaming and Royalty Annex Fund Completes Final Closing • PR Newswire (Canada) • 09/06/2023 11:00:00 AM
- Sprott Announces Second Quarter 2023 Results • GlobeNewswire Inc. • 08/09/2023 11:00:00 AM
- Sprott Inc. Declares Second Quarter 2023 Dividend • GlobeNewswire Inc. • 08/08/2023 03:40:45 PM
- Sprott Announces Date for 2023 Second Quarter Results Webcast • GlobeNewswire Inc. • 08/03/2023 11:00:00 AM
- Sprott Inc. Announces Results of its Annual and Special Meeting of Shareholders • GlobeNewswire Inc. • 05/05/2023 10:23:09 PM
- Sprott Announces First Quarter 2023 Results • GlobeNewswire Inc. • 05/05/2023 11:00:11 AM
- Sprott Inc. Declares First Quarter 2023 Dividend • GlobeNewswire Inc. • 05/04/2023 04:21:37 PM
- Sprott Announces Date for 2023 First Quarter Results Webcast • GlobeNewswire Inc. • 05/01/2023 01:31:12 PM
FEATURED Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • Apr 22, 2024 8:49 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • KGKG • Apr 22, 2024 8:30 AM
VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • VPRB • Apr 19, 2024 11:24 AM