Institutional Shareholder Services (ISS) and Glass Lewis & Co. have recommended that Avanti Mining Inc. (TSXV:AVT) shareholders vote in favour of the US$50 million Preconstruction Loan from Resource Capital Fund VI L.P. The Company will hold a shareholders meeting to approve the Facility on December 18, 2013.
As quoted in the press release:
Both ISS and Glass Lewis are independent proxy advisory firms who, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.
The Avanti board of directors has recommended that shareholders vote FOR the Loan Facility
Shareholders are reminded to vote their proxy FOR the ordinary resolution approving the Facility prior to the proxy voting deadline of Monday, December 16, 2013 at 10:00 a.m. (Vancouver time).