RE: RNS out..16 Jun 2017 13:37
Results of Court Meeting, Extraordinary General Meeting, and Annual General Meeting
The Board of Directors of Mariana is pleased to announce that, at the Guernsey Court Meeting and the Extraordinary General Meeting held earlier today in connection with the recommended combination of Mariana (AIM/TSXV: MARL) with Sandstorm (TSX: SSL and NYSE MKT: SAND) (the "Combination"), (which is to be implemented by way of a court-sanctioned scheme of arrangement under Part VIII of the Companies (Guernsey) Law, 2008) (the "Scheme"), Mariana Shareholders voted to:
· Approve the Scheme by the requisite majorities at the Guernsey Court Meeting;
· Pass the Special Resolution in connection with the approval of the Scheme and the amendment of the Mariana Articles at the Extraordinary General Meeting; and
· Pass the Ordinary Resolution in connection with the implementation of the Retention Arrangements at the Extraordinary General Meeting.
Voting results of the Annual General Meeting
All resolutions proposed at the Annual General Meeting were passed by shareholders.