Independent proxy advisory firms ISS and Glass Lewis

  • The deadline to vote is 8:30 a.m. (Pacific Time) on Friday, August 5, 2022.
  • If you have any questions, please contact Gold Standard’s proxy solicitation agent and communications advisor, Laurel Hill Advisory Group, toll free at 1-877-452-7184 (1-416-304-0211 outside the North America) or by email [email protected].

VANCOUVER, British Columbia, July 21. 2022 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) is pleased to announce that the leading independent advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended that holders of Gold Standard securities (“Securityholders”) vote “FOR” the proposed acquisition by Orla Mining Ltd. (“Orla”) at the next extraordinary meeting of securityholders (the “Meeting”) to be held on August 9, 2022.

ISS and Glass Lewis are leading independent third-party advisory firms that, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.

In its report, ISS said: “The proposed merger makes strategic sense as the arrangement appears to represent the best alternative among available opportunities to enhance the ability to increase shareholder value, and provides access to a strong balance sheet and increased cash flow generation to fund the construction of company assets and future exploration initiatives at reduced dilution, financing, development and execution risk.

The Glass Lewis report noted that “the arrangement provides investors with continued exposure to a significantly larger, financially stronger and more strategically diversified company with appropriate development expertise and a clearer path to stable progression of the project. Gold Standard Southern Railway”.

Gold Standard’s Board of Directors UNANIMOUSLY Recommends Securityholders
VOTE FOR the Arrangement Resolution

How to vote

In essence, securityholders are encouraged to vote online or by telephone.

VOTING DEADLINE IS 8:30 a.m. (Pacific Time) FRIDAY, AUGUST 5, 2022

Vote using the following methods before the meeting. the Internet Telephone or Fax
Registered shareholders
Shares held in own name and represented by a physical title.
www.investorvote.com Phone: 1-866-732-8683
Fax: 1-866-249-775
Non-registered shareholders
Shares held with a broker, bank or other intermediary.
www.proxyvote.com Call or fax the number(s) listed on your voting instruction form

The Meeting Materials have been filed by the Company on SEDAR and are available under the Company’s profile at www.sedar.com and on the Company’s website at www.goldstandardv.com /investors/filings-financials/sms.

Securityholder Questions and Voting Assistance

For questions or assistance with voting, securityholders may contact Laurel Hill Advisory Group at 1-877-452-7184 (toll-free in North America), 1-416-304-0211 (calls outside North America) or by email at [email protected]

About the gold standard

Gold Standard is developing the South Railroad Project, an open pit heap leach gold project located in Elko County, Nevada. The project is part of a land package of over 21,000 hectares on the Carlin Trend and is 100% owned or controlled by Gold Standard.

Caution Regarding Forward-Looking Statements

This press release contains forward-looking statements relating to future events or future performance. All statements, other than statements of historical fact, included herein are forward-looking statements. Forward-looking statements included herein include, but are not limited to, statements regarding the benefits of the Transaction and the Meeting. These forward-looking statements reflect management’s current beliefs and are based on assumptions made by the Company and information currently available to it, including that the Company will complete the transaction, including the receipt of required securityholder approvals, regulatory authorities and courts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or other future events, to differ materially from the results, performance or future achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include, among others: the Company’s inability to complete the transaction, including receipt of required securityholder, regulatory and court approvals, and the additional risks identified in our filings with the Canadian securities regulators on SEDAR in Canada (available at www.sedar.com) and with the SEC on EDGAR (available at www.sec.gov/edgar.shtml). These forward-looking statements are made as of the date hereof and, except as required by applicable securities laws, the Company undertakes no obligation to update or revise them to reflect new events or circumstances.

For more information, contact:
Michael McDonald
Vice President, Corporate Development and Investor Relations
Phone: 1-604-687-2766
Email: [email protected]

About Meredith Campagna

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