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cobalt-investing

Leading Independent Proxy Advisory Firms Recommend Formation Metals Shareholders Re-Elect Directors

Investing News Network
Jun. 13, 2013 07:54AM PST
Battery Metals Investing

Formation Metals Inc. (TSX:FCO) received recommendation from leading proxy advisory firms, Institutional Shareholder Services Inc.(ISS) and Glass Lewis & Co. (GL), that shareholders vote FOR the director nominees up for re-election at the upcoming annual and general meeting on June 21, 2013.

Formation Metals Inc. (TSX:FCO) received recommendation from leading proxy advisory firms, Institutional Shareholder Services Inc.(ISS) and Glass Lewis & Co. (GL), that shareholders vote FOR the director nominees up for re-election at the upcoming annual and general meeting on June 21, 2013.

As quoted in the press release:

In both reports, ISS and GL recommend shareholders vote FOR all the resolutions and nominees, stating that there are no significant governance concerns or issues.

Welcoming ISS’s and GL’s findings, Mari-Ann Green, Formation’s Chairman and C.E.O. said: “We are pleased to receive support from both firms and are continuing to strengthen the Company by eliminating debt and strengthening the Company’s treasury. With a strong balance sheet we can look to increase shareholder value as strategic opportunities are sure to arise in these tumultuous markets.”

Attention Formation Shareholders:
Shareholders are urged to vote before the deadline of Wednesday, June 19, 2013 at 10:00am (Pacific Time). If you have any questions or need assistance in voting your proxy, please call Kingsdale Shareholder Services Inc. at 1-866-229-8214 (toll free) or 1-416-867-2271 (collect calls accepted), or by email at contactus@kingsdaleshareholder.com.

Click here to read the Formation Metals Inc. (TSX:FCO) press release
Click here to see the Formation Metals Inc. (TSX:FCO) profile.

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