Leading Independent Proxy Advisory Firms Recommend Esperanza Shareholders Vote in Favour of Proposed Transaction With Alamos
Published : August 16, 2013
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 16, 2013) - Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two leading proxy advisory firms, have recommended that shareholders of Esperanza Resources Corp. (News - Market indicators) (OTCQX:ESPZF) vote FOR the plan of arrangement with Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) to be voted on at a special meeting of the shareholders of Esperanza on August 27, 2013.

In both reports, ISS and Glass Lewis recommend shareholders vote FOR the proposed transaction (previously reported by news release on July 12, 2013) where Alamos has agreed to acquire all of the issued and outstanding common shares of Esperanza. Esperanza shareholders will receive consideration of C$0.85 in cash for each common share of Esperanza held and 0.0625 of an Alamos Warrant. Alamos has applied to have the Alamos Warrants listed on the Toronto Stock Exchange.

In their report ISS stated, "a vote FOR is warranted based on a review of the terms of the transaction and, in particular, the significant premium, the favorable market reaction and no significantly noted governance concerns."

Glass Lewis also concluded that, "the cash consideration provides shareholders with certainty of value and immediate liquidity at a time of significant industry uncertainty while the warrant offers shareholders participation in the longer term value of Alamos."

ISS is the leading provider of corporate governance solutions to the global financial community. More than 1,700 institutional clients rely on the expertise of ISS to help them make more informed investment decisions on behalf of their shareholders.

Glass Lewis is a leading, independent, governance analysis and proxy voting firm, serving more than 900 institutional investors globally. Glass Lewis focuses their research on the long-term financial impact of investment and proxy vote decisions and assists institutional investors to make sound decisions by uncovering and assessing governance, business, legal, political and accounting risks.

Attention Esperanza Shareholders

Be sure to vote your proxy before 10:00 a.m. (Vancouver time) on Friday, August 23, 2013. For more information and assistance in voting your proxy, please contact Kingsdale Shareholder Services Inc. at 1-866-581-1571 or by email at contactus@kingsdaleshareholder.com.

About Esperanza

Esperanza is a precious metals exploration and development company focused on advancing its principal property, the wholly-owned Esperanza gold project (formerly referred to as the Cerro Jumil gold project) in Morelos State, Mexico.

Information regarding the Company and the Esperanza gold project is available on the Company's website at www.epzresources.com and under the Company's profile at SEDAR (www.sedar.com).

About Alamos

Alamos is an established Canadian-based gold producer that owns and operates the Mulatos Mine in Mexico, and has exploration and development activities in Mexico and Turkey. The Company employs more than 600 people and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities. Alamos has approximately $475 million in cash and cash equivalents, is debt-free, and unhedged to the price of gold. As of August 15, 2013, Alamos had 127,348,986 common shares outstanding (132,423,186 shares fully diluted), which are traded on the TSX and NYSE under the symbol "AGI".

Cautionary Note

The TSX, TSXV and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Each of Alamos and Esperanza prepares its disclosure in accordance with the requirements of securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Terms relating to mineral resources in this news release are defined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy, and Petroleum Standards on Mineral Resources and Mineral Reserves. The United States Securities and Exchange Commission (the "SEC") permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Alamos and Esperanza may use certain terms, such as "measured mineral resources", "indicated mineral resources", "inferred mineral resources" and "probable mineral reserves", that the SEC does not recognize (these terms may be used in this news release and are included in the public filings of Alamos and Esperanza, which have been filed with the SEC and the securities commissions or similar authorities in Canada)



Esperanza Resources Corp.
Simon Venhuizen
Director, Investor Relations
604-336-8194 or Toll Free: 1-866-890-5509
simon@epzresources.com
www.epzresources.com
or
Alamos Gold Inc.
Scott K. Parsons
Manager, Investor Relations
(416) 368-9932 x 439
www.alamosgold.com
Data and Statistics for these countries : Canada | Mexico | Turkey | All
Gold and Silver Prices for these countries : Canada | Mexico | Turkey | All

VanEck Vectors Global Alternative Energy ETF

CODE : EPZ.V
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Esperanza Res. is a producing company based in Canada.

Esperanza Res. is listed in Canada and in United States of America. Its market capitalisation is 47.9 millions as of today (US$ 45.5 millions, € 34.4 millions).

Its stock quote reached its highest recent level on December 31, 2007 at 4.25, and its lowest recent point on October 24, 2008 at 0.31.

Esperanza Res. has 47 442 200 shares outstanding.

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10/31/2012(Cerro Jumil)Signs Surface Rights Agreement for the Cerro Jumil Gold Proj...
5/22/2011(Colqui Orcco)Begins Drilling at Colqui Orcco Project, Peru
4/27/2011(Pucarana)Begins Drilling at Pucarana Project, Peru
4/20/2011(Cerro Jumil)Starts Expansion Drill Program and Begins Update of the Prel...
3/30/2011(Colqui Orcco)Esperanza Provides Exploration Update
3/1/2011(San Luis Project)to Sell San Luis, Peru Interest to Silver Standard
9/8/2009(Cerro Jumil)Cerro Jumil Preliminary Economic Assessment Very Positive
12/2/2008(San Luis Project)San Luis Gold Resources Increase by 31%
10/1/2008(Cerro Jumil)Announces Initial Cerro Jumil Gold Resource
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5/9/2008(San Luis Project)San Luis Project Update and New Resource Estimate to be Prep...
3/3/2008(Cerro Jumil) Discovers Potential New Gold Zone at Cerro Jumil
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8/30/2013Alamos Announces Closing of Esperanza Resources Acquisition
8/22/2013Acknowledges Recent Amendment to State Law in Morelos, Mexic...
8/16/2013Leading Independent Proxy Advisory Firms Recommend Esperanza...
7/12/2013Alamos Announces Friendly Acquisition of Esperanza Resources
6/10/2013Provides Update on Permitting for Esperanza Gold Project
5/28/2013Announces Execution of Definitive Agreements with Pan Americ...
5/28/2013Announces Execution of Definitive Agreements with Pan Americ...
3/13/2013Announces the Grant of Stock Options and Restricted Share Un...
2/25/2013Enters into Agreement with Pan American Silver to Acquire Th...
1/15/2013Announces Disposition of Non-Core Assets
10/16/2012Commences Trading on the OTCQX
9/11/2012(Cerro Jumil)Increases Measured and Indicated Gold Resources by 61% at th...
7/5/2011Signs Definitive Agreement to Sell San Luis Joint Venture to...
6/13/2011Corporate Update and Granting of Incentive Stock Options
2/25/2009Provides Update of Company Activities
11/25/2008at the San Francisco Hard Assets & Mines and Money London 20...
8/25/2008Confirms Base-Metal Breccia Pipe at San Luis, Peru
5/9/2008at the New York Hard Assets 2008
1/28/2008Esperanza Reports Continued Expansion of Cerro Jumil's South...
1/28/2008 Reports Continued Expansion of Cerro Jumil's Southeast Zone
3/22/2006and Silver standard extend strike length of gold-silver disc...
1/18/2006Announces New Cerro Jumil Drill Results
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