Keeping shareholders happy is not an easy task. The mining sector has a particularly high rate of proxy contests. With increased shareholder activism throughout the world, global expertise is required to assist you as a company or as a shareholder in dealing with shareholder issues—even before they become imbedded in a proxy contest.

The beginning of a contest usually occurs through the use of media and your ability to respond immediately is imperative. Your access to up-to-date information on the regulatory environment governing the contest is critical. Dentons’ global team in the mining sector and in the areas impacted by regulatory influence will assist you in gaining an advantage early in the process.

A proxy contest can arise for a variety of reasons, including a disputed meeting called to remove and replace all or some of the directors, to challenge or promote a merger or acquisition transaction, corporate re-organization or new mining joint venture, or to challenge or promote a takeover bid or tender offer. The proxy rules that apply may be complex and difficult to navigate without strong, experienced counsel. Seek out good corporate governance advice at the outset.

With help from Dentons, you can manage the shareholder meeting process. We can advise you on the most appropriate, strategic way to request the use of an independent chairperson for your company’s board. With our help, you’ll gain greater certainty after the shareholder meeting because we understand the protocol for the meeting and the actions to expect from the chairperson. We have the litigation resources to pursue remedies for you on the outcome. The smallest error can cost you the proxy challenge. Don’t let a spoiled proxy spoil your outcome.