Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce a management information circular (the “Information Circular”) and related meeting and proxy materials in connection with a special shareholder meeting (the “Yamana Meeting”) to be held on November 21, 2022 will be filed and published after the market closes today. The purpose of the Yamana meeting is to seek approval of the previously announced proposed business combination whereby all of Yamana’s issued and outstanding ordinary shares will be acquired by its wholly-owned subsidiary Gold Fields Limited (JSE, NYSE: GFI ) (“Gold Fields” ) under a plan of organization under the Canada Business Corporations Act.
The information circular will be open and available on the Yamana profile at www.sedar.com and will also be available on the company’s website at www.yamana.com .
Shareholders of record on October 18, 2022 will be entitled to vote at the Yamana meeting. In addition to the public filing of the information circular, it will be mailed to Yamana stockholders of record on the aforementioned record date. Such mailing is expected to take place at the end of this month.
The Yamana meeting will be held at 10:00 a.m. (Toronto time) on November 21, 2022, subject to postponement or postponement, at the Design Exchange Toronto-Dominion Centre, 234 Bay Street, Toronto, Ontario, and online at:
website: https://web.lumiagm.com/497366151
Password: yamana2022 (case sensitive)
The meeting of shareholders of Gold Fields is scheduled for November 22, 2022.
Yamana would also like to remind shareholders and stakeholders that it will release its operating and financial results for the third quarter of this year after the market closes on Thursday, October 27, 2022. The company will then hold a conference call and webcast to review the results on Friday, 28 October 2022 at 9:00 a.m. EST.
Third quarter 2022 conference call | |
Free (North America): | 1-800-806-5484 |
Toronto Local and International: | 416-340-2217 |
Free (UK): | 00-80042228835 |
Access code: | 2614947# |
Online broadcast: | www.yamana.com |
Repeat conference call | |
Free (North America): | 1-800-408-3053 |
Toronto Local and International: | 905-694-9451 |
Free (UK): | 00-80033663052 |
Access code: | 6191894# |
A replay of the conference call will be available from 12:00 PM EDT on October 28, 2022 until 11:59 PM EST on November 30, 2022.
About Yamana
Yamana Gold Inc. is a Canadian precious metals producer with significant gold and silver production, development properties, exploration and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base by expanding and optimizing existing mines, developing new mines, improving its exploration properties and, at times, targeting other consolidation opportunities with a primary focus on the Americas.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Investor Relations
416-815-0220
1-888-809-0925
Email: investor@yamana.com
FTI Consulting (UK Public Relations)
Sarah Powell / Ben Brewerton
+44 7974 201 715223 / +44 203 727 1000
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains or includes “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking information includes, but is not limited to, information regarding the Yamana meeting, including the anticipated timing of the filing of related documents and the Gold Fields meeting. Forward-looking statements are characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “estimate”, “forecast”, “estimate” and other similar words, or statements about that certain events or conditions “may” or “will” occur. Forward-looking statements are based on management’s opinions, assumptions and estimates believed to be reasonable as of the date they are made, and are inherently subject to various risks and uncertainties, as well as other known and unknown factors, which could cause actual events or results to differ materially from those projected in the forward-looking statements. statements. These factors include the Company’s expectations regarding production and exploration plans, the Company’s ongoing development and expansion projects, the impact of proposed optimizations on the Company’s projects, changes in national and local government laws, taxation, controls or regulations and/or changes in application laws, policies and practices, as well as the impact of general business and economic conditions, global liquidity and credit availability on the timing of cash flows and the value of assets and liabilities based on projected future conditions, fluctuations in metal prices (eg gold, silver, copper and zinc) , currency exchange rates (such as the Canadian dollar, Brazilian real, Chilean peso and Argentine peso against the U.S. dollar), the impact of inflation, possible changes in ore quality or mining rates, changes in the Company’s hedging program, changes in accounting policies, changes in mineral resources and mines reserves, risks related to the disposal of assets, risks related to agreements on the purchase of metal, risks related to acquisition, changes in project parameters as plans continue to be refined, changes in project design, construction, production and commissioning timing, risks related to infectious diseases, including COVID-19, contingencies and costs, higher prices for fuel, steel, electricity, labor and other consumables that contribute to higher costs and general risks of the mining industry, failure of plants, equipment or processes as expected, unexpected changes in the life of the mine, final prices on concentrate sales, unanticipated future exploration results, seasonality and unanticipated changes in weather, costs and timing of new field development, success of exploration activities, timing of permitting, government regulation and the risk of government expropriation or nationalization of mineral production, risks related to reliance on local consultants and c consultant nts in foreign jurisdictions, environmental risks, unanticipated remediation costs, risks related to joint venture operations, ownership disputes or claims, limitations on insurance coverage, the timing and potential outcome of pending and unresolved litigation and labor disputes, risks related to the enforcement of legal rights in foreign jurisdictions, as well as those risk factors discussed or referred to in the company’s annual information form filed with the securities regulatory authorities in all Canadian provinces and available at www.sedar.com, and in the company’s annual report on Form 40- F filed with the US Securities and Exchange Commission. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actions, events or results, which will not be expected, estimated or assumed. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events may differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements should circumstances or management’s estimates, assumptions or opinions change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements. The forward-looking information contained herein is provided to help investors understand what the Company believes to be its true value proposition and may not be suitable for other purposes.
https://investingnews.com/yamana-announces-expected-filing-and-public-availability-of-management-information-circular-in-connection-with-the-proposed-arrangement-with-gold-fields/