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BRIEF-Detour Gold Provides Important Voting Results Update To Shareholders & Extends Voting Deadline

Published 2018-12-10, 09:52 a/m
© Reuters.  BRIEF-Detour Gold Provides Important Voting Results Update To Shareholders & Extends Voting Deadline
DGC
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Dec 10 (Reuters) - Detour Gold Corp DGC.TO :

* DETOUR GOLD PROVIDES IMPORTANT VOTING RESULTS UPDATE TO SHAREHOLDERS AND EXTENDS VOTING DEADLINE TO ENSURE ALL VOICES HEARD

* DETOUR GOLD CORP - VOTING HAS BEEN EXTENDED UNTIL 10:00 A.M. (TORONTO TIME) WEDNESDAY, DECEMBER 12, 2018

* DETOUR GOLD - "CONCERNED THAT PRELIMINARY VOTING RESULTS SUGGEST AN OUTCOME NOT INTENDED BY A MAJORITY OF DETOUR GOLD'S SHAREHOLDERS"

* DETOUR GOLD CORP - ENCOURAGES SHAREHOLDERS CONCERNED ABOUT A CHANGE OF CONTROL TO RE-CAST THEIR VOTE

* DETOUR GOLD CORP - PRELIMINARY VOTING RESULTS SUGGEST A CHANGE OF CONTROL OF CO'S BOARD

* DETOUR GOLD - "SMALL NUMBER" OF SHAREHOLDERS HOLDING SUBSTANTIAL VOTING BLOC VOTED TO REPLACE ALL 8 OF BOARD MEMBERS NAMED IN PAULSON'S REQUISITION

* DETOUR GOLD - WHILE ONLY MINORITY OF SHAREHOLDERS VOTED FOR CHANGE OF CONTROL, VOTE DISPERSION RESULTS IN 5 DIRECTORS BEING REMOVED

* DETOUR GOLD - GROUP WITH PAULSON AND AT LEAST 3 OTHER SHAREHOLDERS, HOLDING ABOUT 24% OF CO'S SHARES, VOTED FOR REMOVAL OF ALL DIRECTORS

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