Sitnasuak Annual Meeting

As of September 29, 2017, the Sitnasuak Native Corporation 44th Annual Meeting of Shareholders is currently postponed and will be rescheduled.  The new annual meeting date will be announced as soon as possible.

The Alaska Superior Court has recommended rescheduling the 2017 Sitnasuak Native Corporation annual election, and the Sitnasuak Board of Directors has complied.  As stated by the Court, “…hardship can be avoided by rescheduling the election until after the preliminary injunction motion is decided.”

Accordingly, the Sitnasuak Native Corporation Board of Directors announces the postponement of the annual meeting scheduled for September 30, 2017, due to the additional time needed for legal proceedings which are important to ensure a fair election.

This decision by the Board of Directors was in strong agreement that rescheduling the meeting was the most prudent path forward to ensure a fair election and in the best interest of Shareholders.  As part of our ongoing effort to achieve the highest level of accountability and transparency, we are notifying Shareholders that we take the Court’s recommendation very seriously,” said Sitnasuak Board Chairman Bobby Evans.  “Our number one priority is to protect Shareholder rights and to effectively do that our elections must be fair including cooperation with the Court’s recommendation.

The new annual meeting date will be announced as soon as possible.  In the meantime, valid proxies cast still count, subject to any court rulings, and will be maintained by the election judge.  Shareholders are asked to continue to submit proxies.  Shareholders that have cast a valid proxy and would like a new proxy card, can contact the Shareholder Department at 1-877-443-2632 or email shareholder@snc.org.

Early bird proxy prizes will be awarded based upon those received as of 5:00 P.M. on September 20, 2017.  The announcement of early bird proxy prize winners will be shared at the rescheduled annual meeting.  The eligibility date for proxy prizes will be amended to a later date and announced when the new date for the annual meeting is determined.