SHARBOT LAKE, ON, Nov. 29, 2024 /CNW/ – Frontenac Mortgage Investment Corporation (“FMIC” or the “Company“) announced today that due to the ongoing postal strike in Canada (the “Strike“), the mailing or physical delivery of the management information circular (the “Circular“), proxy and voting information form and related documents (collectively, the “Meeting Materials“) to shareholders may be delayed for the special meeting of FMIC shareholders, to be held on December 18, 2024 at 2 p.m. (Eastern Standard Time) at the DoubleTree Hotel, 1550 Princess St., Kingston, Ontario K7M 9E3 and online via live webcast at meetnow.global/MD9F99Y (the “Special Meeting“).
At the Special Meeting, shareholders will be asked to vote on: (i) a special resolution to approve the orderly wind-up of the Company pursuant to an orderly wind-up plan, as more fully described on pages 13 to 19 of the Circular; and (ii) a special resolution to confirm and approve amendments to the articles of FMIC necessary to implement a pro rata redemption plan, as more fully described on pages 19 to 21 of the Circular.
To facilitate the delivery of the Meeting Materials to shareholders in the event that the Strike or related events prevent, delay, or otherwise interrupt physical delivery of the Meeting Materials, the Company is encouraging shareholders to access the Meeting Materials electronically. The Meeting Materials have been filed and are available under the Company’s profile on SEDAR+ at www.sedarplus.ca and are posted on the Company’s website at fmic.ca. In addition, shareholders are able to access electronic versions of the Meeting Materials in the following ways:
- on Computershare’s website (http://www.envisionreports.com/Frontenac); or
- on request from W.A. Robinson Asset Management Ltd. at 14216 Road 38, Sharbot Lake, Ontario K0H 2P0, by telephone at 1-877-279-3061 Ext. 105 or by email at [email protected].
Shareholders who wish to vote at the Meeting by proxy may contact Computershare Trust Company to obtain their control number, and can vote online at www.investorvote.com, or by telephone voting at 1-866-732-8683. Voting instruction forms or forms of proxy must be received by the Company no later than 4 p.m. (Eastern Standard Time) on December 16, 2024, or, in the case of any adjournment or postponement of the Special Meeting, not less than 48 hours, Saturdays, Sundays and holidays excepted, prior to the time of the adjournment or postponement.
If you have any questions regarding how to receive your individual control number or require information on how to submit proxies or voting instructions to the Company in a manner that would not require you to use the postal service, please contact Computershare toll free at 1-866-732-8683.
The board of directors of the Company encourages shareholders to vote and review the Circular carefully and in full prior to voting.
More information about FMIC is available under FMIC’s profile on SEDAR+ at www.sedarplus.ca.
Forward-Looking Statements
This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements“) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes.
Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond FMIC’s ability to predict or control which may cause actual events, results, performance, or achievements of FMIC to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although FMIC believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, FMIC assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise.
SOURCE Frontenac Mortgage Investment Corporation
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