|By Marketwired .||
|May 14, 2014 08:01 AM EDT||
BRISBANE, AUSTRALIA -- (Marketwired) -- 05/14/14 -- The Board of Intrepid Mines Limited ("Intrepid", the "Company") (ASX: IAU)(TSX: IAU) provides the following update for shareholders.
Following the Extraordinary General Meeting of the Company held on 13 May 2014, at which three Directors (Messrs Jackson, Curtis and McDonald) were removed and three new Directors (Messrs Mazur, Lim and Sanderson) were appointed, the newly constituted Board advises that all Directors are working together to achieve the common objective of returning the maximum amount of cash to shareholders in the most efficient and effective manner. To this end, the Directors advise that they unanimously recommend that shareholders approve the return of US$0.258 of Company capital to shareholders, at the Annual General Meeting to be held on Friday 30 May 2014.
In the event that the return of capital proposal is not approved by the required majority of shareholders, the Board will resubmit the proposal as soon as practical or consider other options to provide those shareholders who wish to exit the Company register with alternative proposals.
Chairman Mr Ian McMaster AM stated: "The vote at the Extraordinary General Meeting yesterday provided a clear indication that shareholders are looking to the Board to return cash to them as expeditiously as possible. Accordingly, the Board considers it is in the interests of all shareholders to support the return of capital proposal."
Changes to Annual General Meeting Resolutions
As a result of the changes to the Board effected at the Extraordinary General Meeting of the Company on 13 May 2014, the Company advises the resolutions to be put to the Annual General Meeting of the Company on 30 May 2014 will be amended to read as follows:
Resolution 9: Appointment of Mr Gregory Mazur as a Director "That Mr Gregory Mazur who retires in accordance with Regulations 53.1AA and 54 of the Company's Constitution and being eligible offers himself for re- election is re-elected as a Director." Resolution 10: Appointment of Mr Lim Yu Neng Paul as a Director "That Mr Lim Yu Neng Paul who retires in accordance with Regulations 53.1AA and 54 of the Company's Constitution and being eligible offers himself for re-election is re-elected as a Director." Resolution 11: Appointment of Mr Clifford Sanderson as a Director "That Mr Clifford Sanderson who retires in accordance with Regulations 53.1AA and 54 of the Company's Constitution and being eligible offers himself for re-election is re-elected as a Director." With respect to resolutions 9 to 11 the Board advises that Directors unanimously recommend that Shareholders vote in favour of the resolutions. The following resolutions are hereby withdrawn and will not be considered at the meeting Resolution 4: Re-election of Mr Colin Jackson as a Director Resolution 6: Re-election of Mr Laurence Curtis as a Director Resolution 7: Re-election of Mr Robert MacDonald as a Director
Summary of Directors' Recommendations
The Board's recommendations for each of the resolutions to be put to the Annual General Meeting on 30 May 2014 are set out below. Individual Directors have undertaken to vote all shares controlled by them in accordance with the recommendations and in support of the Remuneration Report (Resolution 2). The Chairman of the Meeting intends to vote undirected Proxies in accordance with the Directors' recommendations and in support of the Remuneration Report (Resolution 2).
All Directors recommend shareholders vote FOR the following resolutions:
-- Resolution 1 - Return of Capital to Shareholders -- Resolution 3 - Re-election of Mr Ian McMaster AM to the Board -- Resolution 5 - Re-election of Mr Alan Roberts to the Board -- Resolution 8 - Re-election of Mr Scott Lowe to the Board -- Resolution 9 - Re-election of Mr Gregory Mazur -- Resolution 10 - Re-election of Mr Lim Yu Neng Paul -- Resolution 11 - Re-election of Mr Clifford Sanderson
All Directors recommend shareholders vote AGAINST the following resolution:
-- Resolution 12 - Spill Motion
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Dec. 3, 2016 11:00 PM EST Reads: 4,121
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 11:00 PM EST Reads: 941
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 3, 2016 09:30 PM EST Reads: 1,759
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Dec. 3, 2016 09:30 PM EST Reads: 1,597
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Dec. 3, 2016 08:00 PM EST Reads: 1,742
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
Dec. 3, 2016 08:00 PM EST Reads: 3,950
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 3, 2016 06:15 PM EST Reads: 1,510
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 05:30 PM EST Reads: 4,040
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Dec. 3, 2016 05:15 PM EST Reads: 2,137
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Dec. 3, 2016 05:15 PM EST Reads: 1,998
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Dec. 3, 2016 04:30 PM EST Reads: 1,473
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Dec. 3, 2016 04:00 PM EST Reads: 4,859
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Dec. 3, 2016 03:30 PM EST Reads: 1,591
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Dec. 3, 2016 03:15 PM EST Reads: 3,222
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
Dec. 3, 2016 03:00 PM EST Reads: 477