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In the recent decision of
International Energy and Mineral Resources Investment (Hong Kong) Company Limited v.
Mosquito Consolidated Gold Mines Limited, 2012 BCSC 1191, the Supreme Court of British Columbia overturned the results of a contested annual meeting due, primarily, to the improper use of a telephone proxy solicitation system (“Televote”) by the company’s proxy solicitation agent. (...)
Risks of Telephone Proxy Solicitation in Contested Shareholder Meetings