ISS and Glass Lewis recommend that Volta Resources shareholders vote FOR the plan of arrangement with B2Gold

TSX:VTR

TORONTO, Dec. 6, 2013 /CNW/ - Volta Resources Inc. ("Volta Resources" or the "Company") (TSX: VTR) is pleased to announce that Glass Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services ("ISS") have both recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the "Arrangement") between Volta Resources and B2Gold Corp. ("B2Gold"), to be considered at the upcoming special meeting of shareholders of Volta Resources to be held at 10:00 a.m. (Toronto time) on December 17, 2013, at 2100 Scotia Plaza, 40 King Street West, Toronto, Ontario.

Both Glass Lewis and ISS are independent proxy advisory firms who, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.

Volta Resources' Board of Directors has unanimously recommended that shareholders vote FOR the Arrangement.

Shareholders are reminded to vote their proxy FOR the Arrangement prior to the proxy voting deadline of 10:00 a.m. (Toronto time) on Friday, December 13, 2013.

The completion of the proposed Arrangement is subject to a number of customary conditions, including approval of the Superior Court of Justice of Ontario and the receipt of all necessary shareholder and regulatory approvals.

Shareholders are encouraged to review the management information circular of Volta Resources dated November 15, 2013 (the "Circular"), which provides a detailed discussion of the Arrangement. Copies of the Circular and related documents can be obtained via SEDAR (www.sedar.com) or by contacting Laurel Hill Advisory Group toll-free at 1-877-452-7184 or by email at [email protected].

How to Vote:

Registered shareholders may vote by delivering a completed proxy or voting instruction form to Volta Resources' transfer agent, Equity Financial Trust Company, in the envelope provided (at 200 University Avenue, Suite 300, Toronto, Ontario, M5H 4H1, Attention: Proxy Department) or by fax to (416) 595-9593, Attention: Proxy Department, or online at www.voteproxyonline.com by no later than 10:00 a.m. (Toronto time) on December 13, 2013. It is recommended that shareholders vote by fax or online as time is of the essence.

Beneficial shareholders who hold their shares through a broker or other intermediary may vote via the internet at www.proxyvote.com or follow the other instructions found on the voting instruction form.

If you have any questions about the information contained in the Circular or require assistance with voting your shares, please contact the Company's Proxy Solicitor, Laurel Hill Advisory Group, at the contact information set forth above.

About Volta Resources:

Volta Resources Inc. is a Canadian resource company with a portfolio of quality gold exploration projects in Burkina Faso and Ghana, both mining-friendly West African jurisdictions with proven world-class gold deposits. Volta is currently focused on its flagship Kiaka gold project, located in south central Burkina Faso, approximately 140 kilometers southeast of the capital Ouagadougou. The acquisition of properties around the Kiaka gold project has provided Volta with an extensive ground position along the highly prospective Markoye Fault Corridor in an important emerging gold province.

Cautionary Note Regarding Forward-Looking Information:  This press release contains "forward-looking information" and "forward-looking information" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, respectively. Such forward-looking statements and information include, but are not limited to, statements with respect to the proposed special meeting of Volta Resources shareholders and statements with respect to the proposed Arrangement with B2Gold, timing for meeting and court approvals, as well as other matters. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements and information are based on various assumptions and expectations of Volta as of the date hereof, and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements and information, including but not limited to: general business and  economic uncertainties; a delay in receiving or a failure to receive requisite regulatory and court approvals, as well as other risks identified under risk factor disclosure sections in the documents filed by Volta Resources and/or B2Gold from time to time. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements and information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and information. Volta Resources does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE: Volta Resources Inc.