|By Marketwired .||
|July 2, 2014 09:09 AM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 07/02/14 -- Sentry Investments Inc. ("Sentry"), who beneficially owns or controls approximately 17% of the issued and outstanding shares of Timmins Gold Corp. ("Timmins"), announces that it has reached agreement with Timmins on the slate of directors to be nominated at Timmins upcoming Annual and General Special Meeting of Shareholders scheduled for July 31, 2014 (the "Meeting").
As part of the settlement, Timmins will nominate eight directors at the Meeting instead of seven as previously announced. The nominees who will stand for election at the Meeting are George Brack, Bruce Bragagnolo, Bryan Coates, Stephen Lang, Luc Lessard, Paula Rogers and Jose Vizquerra Benavides, the seven Timmins nominees previously announced, as well as Anthony Hawkshaw, who was previously a Sentry nominee. Sentry has agreed to vote its common shares for the election of all eight nominees.
"Sentry's action to accelerate Board renewal has resulted in a Board slate with deep industry expertise and greater independence," said Kevin MacLean, Senior Vice-president and Senior Portfolio Manager of Sentry Investments Inc. "We would like to thank Timmins' Special Committee for their professional approach to achieving our common objectives."
Sentry also thanks the six mining industry veterans who assisted in this process for their valuable contribution to a successful outcome. "Troy Fierro, Ritch Hall, Tony Harwood, Tony Hawkshaw, Oliver Lennox-King and Marc Prefontaine set the bar high in the Board renewal process. I am grateful to all for their willingness to help," said Kevin MacLean.
Sentry believes this outcome is in the best interests of Timmins' shareholders, including our investment funds, and we look forward to having the eight nominees work closely together and with Timmins' management team to create value for all shareholders.
Sentry Investments was founded in 1997 and is one of Canada's fastest-growing independent asset management companies. Sentry manages over $14 billion in assets on behalf of more than 400,000 Canadian investors. Sentry offers a diverse range of award-winning investment products available through financial advisors, including domestic and global mutual funds, and separately managed accounts. Sentry is one of only three firms to receive five consecutive Brendan Wood Canadian International TopGun Asset Management Team Awards (2009 to 2013).
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect," "intend," "will" and similar expressions to the extent that they relate to Timmins. Forward-looking statements in this news release include, but are not limited to, the date of the Meeting. The forward-looking statements are not historical facts but reflect Sentry's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Sentry believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry does not undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Sentry Investments Inc. Commerce Court West 199 Bay Street, Suite 4100 P.O. Box 108 Toronto, ON M5L 1E2 Tel: 416-364-9297 Fax: 416-364-1197
Sep. 30, 2016 09:45 AM EDT Reads: 3,239
Sep. 30, 2016 09:45 AM EDT Reads: 204
Sep. 30, 2016 09:30 AM EDT Reads: 2,729
Sep. 30, 2016 09:30 AM EDT Reads: 2,578
Sep. 30, 2016 09:15 AM EDT Reads: 3,046
Sep. 30, 2016 09:15 AM EDT Reads: 3,052
Sep. 30, 2016 09:00 AM EDT Reads: 2,900
Sep. 30, 2016 08:45 AM EDT Reads: 177
Sep. 30, 2016 08:45 AM EDT Reads: 4,473
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Sep. 30, 2016 08:15 AM EDT Reads: 559
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...
Sep. 30, 2016 08:15 AM EDT Reads: 1,704
Sep. 30, 2016 08:00 AM EDT Reads: 4,220
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, will discuss recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model f...
Sep. 30, 2016 08:00 AM EDT Reads: 2,174
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Sep. 30, 2016 08:00 AM EDT Reads: 2,823
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Sep. 30, 2016 08:00 AM EDT Reads: 567