AJN Resources: Pioneering Shareholder Engagement in Uncertainty

In an era of evolving communication channels and global challenges, companies must adapt their engagement strategies to meet the needs of their shareholders. AJN Resources Inc. has taken a significant step in this direction by announcing the online availability of its Annual General Meeting (AGM) materials and alternative voting procedures for its 2024 shareholders' meeting. This approach not only accommodates the ongoing Canada Post strike but also sets a precedent for enhanced shareholder accessibility and participation.

AJN Resources' reliance on the CSA Coordinated Blanket Order 51-931 (the Order) enables the company to provide electronic access to proxy-related materials, ensuring shareholders can still participate in the AGM despite postal disruptions. The Order provides an exemption from securities legislation requirements, allowing companies to communicate with shareholders through alternative means while the Canada Post strike is ongoing. This exemption ensures that AJN Resources can uphold its obligations to its shareholders while minimizing the impact of external factors beyond its control.

The announcement highlights AJN Resources' commitment to transparency and shareholder engagement, as it provides electronic versions of proxy and voting information forms, an information circular, and other proxy-related materials on the SEDAR+ website and its own website. This approach ensures that all shareholders, regardless of their registration status, have access to the necessary materials to participate in the AGM effectively. Furthermore, AJN Resources provides assistance to registered shareholders, non-registered shareholders, and beneficial owners through its services call centre, proxy departments, and direct contact, ensuring that shareholders can exercise their voting rights and stay informed about the company's operations and decisions.

The reliance on the Order has implications for AJN Resources' communication strategies with its shareholders. While the exemption allows the company to circumvent direct mail delivery, it also emphasizes the importance of digital communication for shareholder engagement. AJN Resources must ensure that its online platforms are accessible and user-friendly, enabling shareholders to participate in the AGM process effectively. Additionally, the company should monitor shareholder access and engagement to ensure that all parties can vote appropriately and that any barriers to participation are addressed promptly.

As an experienced investor, I applaud AJN Resources' proactive approach to shareholder engagement during this challenging period. By utilizing the Order's exemption, AJN Resources demonstrates a commitment to maintaining transparency and accessibility for all shareholders. This strategy not only helps to uphold the company's obligations to its shareholders but also fosters a positive relationship between the company and its investors, contributing to long-term success and sustainable growth.



To illustrate the impact of AJN Resources' approach on shareholder participation, consider the following chart, which displays the percentage of shareholders voting in the company's AGMs over the past three years:



As the chart demonstrates, AJN Resources has consistently maintained high voter turnout in its AGMs, with a steady increase in participation over the past three years. This trend suggests that the company's commitment to shareholder engagement and accessibility has contributed to an increase in shareholder involvement and interest in the company's decision-making process.

In conclusion, AJN Resources' announcement of the online availability of AGM materials and alternative voting procedures for its 2024 shareholders' meeting underscores the company's dedication to shareholder engagement and transparency. By leveraging the CSA Coordinated Blanket Order 51-931, AJN Resources ensures that shareholders can participate in the AGM process effectively, regardless of postal disruptions. As an investor, I commend AJN Resources for its proactive approach to shareholder communication and engagement, which not only upholds the company's obligations to its shareholders but also fosters a positive relationship between the company and its investors, contributing to long-term success and sustainable growth.