TORONTO, July 19, 2018 (GLOBE NEWSWIRE) — Warren Buffett’s bottom line on investing:
“To be successful in business and investing, you’ve got to have skin in the game, a stake in the company.”
Professional money managers only invest in companies in which the shareholdings of management and the directors are sufficiently significant to signal a commitment to building shareholder value. Is your investment in Alexandria being managed to maximize shareholder value?
Directors Peter Gundy, Walter Henry and Gary O’Connor (the “Affected Directors”) have invested an average of $10,000 in Alexandria Minerals (median, @$0.06). To The Founder’s Group, this clearly signals they have no stake nor confidence in the future of the Company. Instead, we believe these directors, who have all worked in finance, have other vested interests. Peter Gundy in particular has a long career in mergers and acquisitions where the goal is to gain control of a target company for the acquiring company – and the cheaper the target, the easier the acquisition. His close association with Sprott Capital Partners suggests his true interests may lie with these partners and that the target is Alexandria Minerals.
In contrast Eric Owens and his family own more than 10 million shares, mainly purchased on the open market – just like most shareholders. Dr. Owens’ position, which Warren Buffett would call “eating your own cooking,” is a clear commitment to the creation of shareholder value. His enormous skin-in-the-game is a key part of Dr. Owens’ tremendous drive, steering Alexandria through the worst downturn in mining history, and emerging as one of Canada’s most resilient juniors, poised as a leader in gold discovery.
Dr. Owens has the motivation and ability to secure financing in what continues to be a challenging environment for junior explorers – can the same be said of the Affected Directors? Are their interests aligned with yours? You can be sure that Dr. Owens’ interests are your interests.
- Vote the YELLOW ballot to maximize shareholder value.
VOTE the YELLOW proxy form no later than 5:00 P.M. (EDT) on Thursday, July 19, 2018 or at least 48 hours (excluding Saturdays, Sundays and statutory holidays) prior to the time of any adjournment or postponement of the Meeting:
- FOR the Board Size Resolution
- AGAINST the Former CEO Removal Resolution
- FOR the Dissident Director Removal Resolution
- FOR the Election of the Founders Group Board Nominees
Lost your ballot? Call your broker to get your “control number” for the vote. For online investing, use the toll-free number to call for broker assistance (TD 1-800-465-5463 (option 2 then 1); RBC 1-800-769-2560).
Reach out to Mr. Owens directly by email [email protected] , phone (416)-509-5385 or website www.votefoundersgroup.ca.
For more information:
Mike Van Soelen,
Navigator Ltd
[email protected]
(416) 307-3039
Disclaimers
Eric Owens has not sought or obtained consent from any third party to the use herein of previously published information. Any such information should not be viewed as indicating the support of such third party for the views expressed herein.
Except for the historical information contained herein, the matters addressed in these materials are forward-looking statements that involve certain risks and uncertainties. You should be aware that actual results could differ materially from those contained in the forward-looking statements. Eric Owens does not assume any obligation to update the forward-looking information other than as required by law.
Information in Support of Public Broadcast Solicitation
Eric Owens is relying on the exemption under section 9.2(4) of National Instrument 51-102 – Continuous Disclosure Obligations (“NI51-102”) and section 150(1.2) of the Canada Business Corporations Act to make this public broadcast solicitation. The following information is provided in accordance with securities and corporate laws applicable to public broadcast solicitations.
This solicitation is being made by Eric Owens, and not by or on behalf of the management of Alexandria Minerals Corporation (“Alexandria”). The registered and mailing address of Alexandria is 1 Toronto Street, Suite 201 Toronto, Ontario M5C 3B2.
Eric Owens has filed an information circular containing the information required by NI51-102 Form-102F5 – Information Circular in respect of the Founder’s Nominees, which is available under Alexandria’s profile on SEDAR at www.sedar.com.
A registered holder of shares of Alexandria that gives a proxy may revoke it: (a) by completing and signing a valid proxy bearing a later date and returning it in accordance with the instructions contained in the form of proxy to be provided or as otherwise provided in the proxy circular accompanying such proxy; (b) by depositing an instrument in writing executed by the shareholder or by the shareholder’s attorney authorized in writing, as the case may be: (i) at the registered office of Alexandria at any time up to and including the last business day preceding the day the Meeting or any adjournment or postponement of the Meeting is to be held, or (ii) with the chairman of the Meeting prior to its commencement on the day of the Meeting or any adjournment or postponement of the Meeting; or (c) in any other manner permitted by law. A non-registered holder of shares of Alexandria will be entitled to revoke a form of proxy or voting instruction form given to an intermediary at any time by written notice to the intermediary in accordance with the instructions given to the non- registered holder by its intermediary.
Proxies for the Special Meeting may be solicited by mail, telephone, email or other electronic means as well as by newspaper or other media advertising, and in person by associates, agents, representatives and employees of Eric Owens, who will not be specifically remunerated therefor. In addition, Mr. Owens may solicit proxies in reliance upon the public broadcast exemption to the solicitation requirements under applicable Canadian securities laws, conveyed by way of public broadcast, including through press releases, speeches or publications, and by any other manner permitted under applicable Canadian laws. Mr. Owens may engage the services of one or more agents and authorize other persons to assist him in soliciting proxies should he commence a formal solicitation of proxies. In this regard, Mr. Owens has entered into an agreement with Navigator Ltd., which has agreed to act, in addition to other capacities, in a capacity to assist Mr. Owens in the oversight and solicitation of proxies in connection with the Meeting. Pursuant to this agreement, Navigator Ltd. will be paid a fee of $15,000 for this activity. All costs incurred for the solicitation will be borne by Mr. Owens. Dan Palikrousis has contributed funds to Mr. Owens to defray the costs of such solicitation; as a result he may also be deemed to be a “solicitor” within the meaning of applicable securities laws.
To the knowledge of Mr. Owens, neither he nor any of his associates or representatives, nor any of the Founder’s Nominees, or their respective associates or affiliates, has: (i) any material interest, direct or indirect, in any transaction since the beginning of Alexandria’ most recently completed financial year or in any proposed transaction that has materially affected or would materially affect Alexandria or any of its subsidiaries; or (ii) any material interest, direct or indirect, by way of beneficial ownership of securities or otherwise, in any matter currently known to be acted upon at the Meeting, other than the election of directors of Alexandria.