Moneta Announces Change to Webcast Only Annual Meeting of Shareholders Symbol: TSX: ME
Moneta Announces Change to Webcast Only
Annual Meeting of Shareholders
Symbol: TSX: ME
TORONTO
,
June 11, 2020
/CNW/ -
Moneta Porcupine Mines Inc.
(TSX:ME) (OTC:MPUCF)
(XETRA:MOP)
("Moneta" or the "Company")
announces that it has changed the format of its
upcoming Annual Meeting of Shareholders on
Thursday, June 18, 2020
at
10:00 am
(
Toronto
time)
to a webcast-only meeting via live audio webcast (the "
Meeting
").
The Meeting will no longer be hosted at a physical location and shareholders will not be able to
attend physically with attendance by webcast only. The decision to conduct a webcast-only Meeting
was made for the health and safety of Moneta's shareholders and employees given the ongoing
COVID-19 pandemic risk and related restrictions.
Shareholders are encouraged to vote in advance of the webcast-only Meeting. Registered
shareholders and duly appointed proxyholders attending the Meeting via a live audio webcast will be
able to fully participate or submit questions during the Meeting. Voting instructions will be provided at
the webcast-only Meeting for shareholders in attendance. Voting during the Meeting will revoke
previous voting instructions.
Webcast-Only Meeting details:
To access the webcast-only Meeting please join the broadcast on
Thursday, June 18, 2020
at
10:00
a.m. (Eastern Time)
by following this GoToMeeting link:
https://global.gotomeeting.com/join/664046517
. These webcast-only Meeting details will be available
at the Company's website at
www.monetaporcupine.com
.
The Company used the notice and access procedures provided under National Instrument 54-101 to
send the Notice of Meeting, Management Information Circular ("
Circular
"), the Financial Statements
and MD&A (collectively, the "
Proxy-Related Materials
") to registered and non-registered holders of
common shares. Under notice and access procedures, registered and non-registered holders of
common shares were sent a notice package (the "
Notice Package
") explaining, among other things,
how to access the Proxy-Related Materials and containing a form of proxy or voting instruction form,
as applicable.
The Company mailed paper copies of the Proxy-Related Materials to those registered and beneficial
shareholders who have previously elected to receive paper copies of the Company's meeting
materials. All other shareholders received a notice and access notification, which contain information
on how they may access the Proxy-Related Materials electronically in advance of the Meeting. The
Corporation is not sending Proxy-Related materials directly to Non-Registered Holders of common
shares.
The Proxy-Related Materials may be accessed by Shareholders electronically and are also available
on the Company's website at
https://www.monetaporcupine.com/uploads/ME-2020-Circular-SEDAR.pdf
and will remain on the
website for one full year thereafter. Meeting Materials are also available under the Company's
profile on SEDAR at
www.sedar.com
.
About Moneta
The Company holds a 100% interest in 6 core gold projects strategically located along the Destor-
Porcupine Fault Zone in the Timmins Gold Camp with over 85 million ounces of past gold production.
The projects consist of the Golden Highway,
North Tisdale
, Nighthawk Lake,
DeSantis East
,
Kayorum and Denton projects. The Golden Highway Project covers 12 kilometres of prospective
ground along the DPFZ of which 4 km hosts the current 43-101 mineral resource estimate
comprised of an indicated resource of 556,500 ounces gold contained within 3.82 Mt @ 4.53 g/t Au
and a total of 1,174,000 ounces gold contained within 8.47 Mt @ 4.31 g/t Au in the inferred category
at a 3.00 g/t Au cut-off. A preliminary economic assessment on the South West deposit located
within the Golden Highway Project commenced in Q1, 2020. The results of the PEA are due to be
delivered later in 2020. The study will review several development scenarios for the South West
deposit which was the subject of a resource update in
November 2019
.
The Company's public documents may be accessed at
www.sedar.com
. For further information on
the Company, please visit our website at
www.monetaporcupine.com
or email us at
.
SOURCE
Moneta Porcupine Mines Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/June2020/11/c1795.html
%SEDAR: 00003301E
For further information:
Gary V. O'Connor, CEO and Chief Geologist, 416-357-3319; Ian C.
Peres, President and CFO, 416-579-3040
CO: Moneta Porcupine Mines Inc.
CNW 08:00e 11-JUN-20