Kootenay Silver {TSX.V: KTN} merger partner Northair Silver has reminded their shareholders to support the merger by voting yes before the deadline date, 12th April 2016.
Northair Silver Reminds Shareholders to Vote for the Merger With Kootenay Silver by Deadline of April 12 2016
VANCOUVER, BRITISH COLUMBIA, Apr 7, 2016 – Northair Silver Corp. today reminds its shareholders to vote “FOR” the special resolution to approve the proposed plan of arrangement with respect to the Northair business combination with Kootenay Silver Inc. (TSX.V KTN), as previously announced in a news release dated March 31, 2016.
The filing deadline for submitting proxy forms and voting instruction forms is April 12, 2016 at 10:00 am (Pacific Daylight Time).
BOARD RECOMMENDATION
Northair’s Board of Directors have determined that the Arrangement is in the best interest of shareholders, based on the opinion of its financial advisor Haywood Securities, the recommendations of the special committee of the Board and Institutional Shareholder Services (“ISS”), a leading independent proxy advisory firm. As such, the Board reiterates its previous recommendation that shareholders vote in favour of the Arrangement.
NORTHAIR SPECIAL MEETING
The Northair special meeting of shareholders is scheduled to be held at Suite 950 – 609 Granville Street, Vancouver, British Columbia, on April 14, 2016 at 18:00 PM GMT.
All shareholders are encouraged to vote.
HOW TO VOTE
In the interest of time, shareholders are encouraged to vote via the internet, by telephone or fax.
Registered shareholders (shareholders who hold Northair shares in their name and represented by a physical certificate or through the Direct Registration System) may vote as follows:
— Internet: Vote online at www.investorvote.com, using the control number located on your proxy (which you will receive in the mail or via email)
— Telephone: Call +1 866 732 868
— Mail — In person at the meeting
Beneficial shareholders (shareholders who hold Northair shares through a bank, broker or other intermediary) will have different voting instructions provided to them and should follow the instructions found on their voting instruction form to vote online, by telephone or fax.
SHAREHOLDER QUESTIONS
Shareholders who have questions or require assistance with voting may contact Northair’s Proxy Solicitation Agent:
Laurel Hill Advisory Group +1 416 304 0211
By email at: assistance@laurelhill.com
Qualified Persons
Mr. David Ernst, a professional geologist and VP Exploration of Northair is a Qualified Person as defined by NI 43-101. Mr. Ernst has reviewed the technical information in this news release and approves the disclosure herein.
About Northair Silver Corp.
Northair is focused on advancing its flagship La Cigarra silver project located in the state of Chihuahua, Mexico, 26 kilometres from the historic silver mining city of Parral. The property boasts nearby power, good road access, gentle topography, established infrastructure and currently hosts a NI 43-101 Resource estimate of 51.47 million ounces of silver in the Measured & Indicated categories grading 86.3 g/t silver and 11.46 million ounces of silver in the Inferred category grading 80 g/t silver. The mineralized system at La Cigarra has been traced over 6.5 kilometres and is defined at surface as a silver soil anomaly and by numerous historic mine workings. The La Cigarra silver deposit is open along strike and at depth and is approximately 25 kilometres north, and along strike of Grupo Mexico’s Santa Barbara mine and Minera Frisco’s San Francisco del Oro mine.
ON BEHALF OF THE BOARD,
NORTHAIR SILVER CORP.
Andrea Zaradic, P. Eng., President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.