Welcome!

News Feed Item

Laurel Hill Congratulates Monument Mining for a Successful Outcome at Their Annual General Meeting of Shareholders

VANCOUVER, BRITISH COLUMBIA and NEW YORK CITY, NEW YORK -- (Marketwired) -- 02/13/14 -- Laurel Hill Advisory Group congratulates Monument Mining Limited on the successful outcome at its Annual General Meeting held on February 7, 2014 in Vancouver, B.C. The meeting had a record high turnout of shareholders representing approximately 75% of its issued shares eligible to vote at the meeting. As noted below, shareholders at the meeting approved, among other things, the fixing of the number of directors at seven and the election to the Board of the seven Monument nominees who received the most votes. When the submitted management and dissident proxies were tabulated, a large majority supported the management nominees - despite the Company's largest shareholder, GoldMet B.V., supporting the dissident slate of directors.

"We'd like to thank the shareholders for their support and look forward to continuing to work on the growth and development of the Company and its mining projects with this support," said Robert F. Baldock, Monument's President and CEO. "Everyone worked very hard to achieve our success at the meeting. We greatly appreciate the efforts of the Laurel Hill Advisory Group, our proxy solicitor, in ensuring that the Company's shareholders were heard."

"We were pleased to contribute to the success of Monument's contested meeting," added David Salmon, Laurel Hill's Senior Vice President. "Working with Monument's team on an ongoing basis was very beneficial in generating the record results. Clearly, these positive results demonstrate the confidence the shareholders have in the Board and management of Monument Mining."

Further information concerning the results of the meeting is set out below.

Board of Directors

At the meeting, shareholders elected the following of management's nominees as directors for the ensuing year: George Brazier, Robert F. Baldock, Cathy Zhai, Zaidi Harun, Gerald Ruth, Frank Wright and Graham Dickson. Director nominee Jean-Edgar de Trentinian received the fewest "for" votes of the eight management nominees. Given the shareholder-approved motion to set the number of directors at seven, Mr. de Trentinian was not elected to the Board.

Auditor

Shareholders re-appointed Grant Thornton LLP, Chartered Accountants, to serve as the Company's auditors for the ensuing year and authorized the directors to fix the auditor's compensation.

Stock Option Plan and Grant of Stock Options

The adoption by the Company of a fixed stock option plan, as described in the Information Circular disseminated in connection with the meeting, was approved by shareholders. The grant by the Company of additional stock options was not approved.

About Monument

Monument Mining Limited is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia, with production cash costs among the lowest in the industry. Its experienced management team is committed to growth and is advancing several exploration and development projects in Malaysia, including the 100% owned, development stage, Mengapur Polymetallic Project. The Company employs 330 people in Malaysia and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.

About The Laurel Hill Advisory Group, LLC

The Laurel Hill Advisory Group, LLC is an independent Corporate Advisory firm offering Shareholder Communication services specializing in Proxy Solicitation, Asset Recovery programs and Risk Mitigation consulting. With offices in Toronto, Vancouver and New York Laurel Hill has the reach and expertise to help capitalize on cross border transactional activities to a growing portfolio of Fortune 500 companies on both sides of the border including Micro Cap and Small Cap issuers as well.

Contacts:
To learn more about our services please visit
www.laurelhill.com
or call in US (516) 933-3100
in Canada (416) 637-6771

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Judith Hurwitz is president and CEO of Hurwitz & Associates, a Needham, Mass., research and consulting firm focused on emerging technology, including big data, cognitive computing and governance. She is co-author of the book Cognitive Computing and Big Data Analytics, published in 2015. Her Cloud Expo session, "What Is the Business Imperative for Cognitive Computing?" is scheduled for Wednesday, June 8, at 8:40 a.m. In it, she puts cognitive computing into perspective with its value to the busin...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Everyone wants to use containers, but monitoring containers is hard. New ephemeral architecture introduces new challenges in how monitoring tools need to monitor and visualize containers, so your team can make sense of everything. In his session at @DevOpsSummit, David Gildeh, co-founder and CEO of Outlyer, will go through the challenges and show there is light at the end of the tunnel if you use the right tools and understand what you need to be monitoring to successfully use containers in your...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.