ENP Newswire -
Release date- 06062014 -
By special resolution passed at the special meeting of Caracal shareholders, the Arrangement was approved by 99.79% of the votes cast by Caracal shareholders and also received the minority approval required by Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.
Caracal also announced that, following the special meeting, the
The Company's shares trade on the
The Group's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. The Group's diversified operations comprise over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities. The Group employs approximately 200,000 people, including contractors.
Cautionary Statement on Forward-Looking Information
Certain information in this news release is 'forward-looking information' within the meaning of applicable
This information generally can be identified by the use of forward-looking words such as 'may', 'should', 'will', 'could', 'intend', 'estimate', 'plan', 'anticipate', 'expect', 'believe' or 'continue', or the negative thereof or similar variations. In particular, any statements regarding Caracal's future expectations, beliefs, goals or prospects are or involve forward-looking information.
Forward-looking information is also necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to significant business, economic, regulatory and competitive uncertainties and contingencies. Caracal cautions the reader that such forward-looking information involves known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements of Caracal to differ materially from any future results, performance or achievements expressed or implied by such forward-looking information.
In addition to general economic conditions, there are specific risks, including but not limited to, the possibility that all conditions precedent to the Arrangement may not be satisfied or waived prior to the agreed upon outside date to complete the Arrangement and the parties' ability to satisfy the conditions to the completion of the Arrangement, including that the necessary regulatory approvals may not be obtained on the terms expected or on the anticipated schedule.
Caracal believes the material factors, expectations and assumptions reflected in the forward-looking statements are reasonable, but no assurance can be given that these factors, expectations and assumptions will prove to be correct.
Undue reliance should not be placed on the forward-looking statements contained herein, which are made as of the date hereof and, except as required by law, Caracal undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
President and Chief Executive Officer
Chief Financial Officer
Tel: +1 403-724-7200
Tel: +1 604-694-6035
Tel: +1 416-649-8006
Tel: 44 (0) 207 8313 3113
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