TORONTO, December 4th, 2015 /CNW/ - FCU OverSight Canada Inc. ("OverSight")
announced today that it is correcting a statement in its Letter to Shareholders dated December 2nd, 2015. The statement “Management nominees own NONE” is incorrect because it omitted the word ‘three’.
We intended to write that “Three management nominees own NONE”. Thus, “Mr. Marsh, the Lead Director, despite being on the Board since September 2013, owns only 9,900 shares. Two of the other directors own no shares, and management’s most recent nominee, Raffi Babikian, owns none. Three management nominees own NONE. So four of seven Management nominees have far LESS than those so-called “nominal” holdings.
OverSight recommends that Fission shareholders exercise their right to vote WITHHOLD on ALL of management’s nominees, sending a clear message of dissatisfaction with the status quo. For the reasoning behind this recommendation, OverSight invites all shareholders to view its materials on SEDAR.com and on FCUOverSight.ca and watch for updates.
FCU OVERSIGHT CANADA INC. is a private Canadian corporation that was created for the purpose of assisting all shareholders of the Company to have their collective voices heard.
NOTICE : This information, this page, and this website as a whole, is not intended to, and does not, constitute a solicitation of proxies in relation to the Fission AGM. Any solicitation of proxies by, or on behalf of, FCU OverSight or G. James Gifford as the nominating shareholder in relation to the Meeting, will take place upon and following the dissemination of the information circular and other meetings materials in accordance with applicable law.