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Article: Leading Independent Proxy Firm, RiskMetrics ISS Canada, Recommends Securityholders Vote FOR the Arrangement Involving the Combination of IMA, Kobex, and International Barytex.
- Article from:
- Marketwire Canada
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Sep 14, 2009 (Marketwire via COMTEX) -- Kobex Resources Ltd. ("Kobex") (TSX VENTURE:KBX) and International Barytex Resources Ltd. ("Barytex") (TSX VENTURE:IBX) are pleased to announce that RiskMetrics ISS Canada ("RiskMetrics"), Canada's leading independent proxy firm, has concluded that the proposed business combination (the "Transaction") among Kobex, Barytex, and IMA Exploration Inc. as announced on August 18, 2009, warrant shareholder support. RiskMetrics indicated that there are no governance concerns, and is recommending that Kobex and Barytex securityholders vote FOR the proposed Transaction.
Kobex and Barytex have scheduled ...