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AOM iShares Core Moderate Allocation ETF

43.37
0.16 (0.37%)
After Hours
Last Updated: 22:30:49
Delayed by 15 minutes
Name Symbol Market Type
iShares Core Moderate Allocation ETF AMEX:AOM AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.16 0.37% 43.37 43.39 43.2526 43.39 68,947 22:30:49

AnorMED asks BC Supreme Court to order dissidents to correct information in proxy circular

07/04/2006 12:40am

PR Newswire (US)


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VANCOUVER, April 6 /PRNewswire-FirstCall/ -- AnorMED Inc. (TSX: AOM; AMEX: AOM) announces that it has filed a Petition with the Supreme Court of British Columbia, asking that a group of dissident shareholders led by Baker Bros. Advisors LLC, be ordered to correct a misstatement published in their proxy circular. Baker Bros. is seeking to replace the AnorMED board of directors with its own slate of directors. In its dissident circular, Baker Bros. selectively quotes from a previously unpublished, confidential report prepared for AnorMED by Blair Franklin Capital Partners Inc. Blair Franklin was engaged to advise an independent committee of AnorMED's board on financing options for the company. Based on Blair Franklin's advice, on December 8, 2005, AnorMED closed a successful $34.5 million bought deal financing. AnorMED believes that Baker Bros.' circular mischaracterizes Blair Franklin's recommendation. The court has ordered Baker Bros. to respond to AnorMED's Petition by Saturday, April 8, 2006, and has ordered a hearing for Monday, April 10, 2006. In order to give all shareholders access to the same information, AnorMED has now posted a copy of the Blair Franklin report on its website at http://www.anormed.com/. AnorMED shareholders are recommended to vote their BLUE AnorMED proxy in favour of the AnorMED Slate. Proxies must be returned by April 19, 2006 at 10:00 a.m. Vancouver time for your vote to count. The AnorMED Management Proxy Circular, which has been mailed to shareholders and filed with regulators, is available on the Company website (http://www.anormed.com/) and SEDAR at http://www.sedar.com/. For more information call North American toll free number 1-866-267-8910, or collect at 416-642-7069. If shareholders previously returned a Yellow Dissident Proxy, they have every legal right to change their vote, by simply signing, dating and returning a Blue proxy. AnorMED is a chemistry-based biopharmaceutical company focused on the discovery, development and commercialization of new therapeutic products in the areas of hematology, HIV and oncology. The Company has a product in Phase III development, a product in Phase II development and a research program focused on a novel class of compounds that target specific chemokine receptors known to be involved in a variety of diseases including HIV. Additional information on AnorMED Inc. is available on the Company's website http://www.anormed.com/. Note: Certain of the statements contained in this press release may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws, including the Ontario Securities Act, Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. Statements or information regarding strategy, future operations, future financial position, future revenues, projected costs, prospects and plans and objectives of management are forward-looking statements. The words "anticipates, "believes", "budgets", "could", "estimates", "expects," "forecasts", "intends", "may", "plans", "projects", "schedule", "should", "will", "would" and similar expressions are intended to identify forward-looking statements or information, although not all forward-looking statements or information contain these identifying words. Plans, intentions or expectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events, and will not necessarily be accurate indications of whether or the times at or by which such results or events will be achieved. Forward-looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements or information. Investors are referred to the discussion of such risks, uncertainties and other factors in AnorMED's Final Short Form Prospectus dated December 1, 2005 filed on SEDAR with Canadian securities regulatory authorities and in Exhibit 99.1 to AnorMED's Report on Form 6-K filed with the U.S. Securities and Exchange Commission on December 23, 2005. Except as required by law, AnorMED expressly disclaims any intention and undertakes no obligation to update any forward-looking statements or information as conditions change. For further information: Elisabeth Whiting, M.Sc. Dr. Michael Abrams VP Corporate Development & President & CEO Communications Tel: 604-530-1057 Tel: 604-532-4667 E-mail: Cell: 604-763-4682 E-mail: DATASOURCE: AnorMED Inc. CONTACT: Dr. Michael Abrams, President & CEO, Tel: (604) 530-1057, E-mail: ; Elisabeth Whiting, M.Sc., VP Corporate Development & Communications, Tel: (604) 532-4667, Cell: (604) 763-4682, E-mail:

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