DALLAS, April 6,
2022 /PRNewswire/ -- Cross Timbers Royalty Trust
(NYSE: CRT) today announced that the Special Meeting of the Trust's
unitholders scheduled for April 5,
2022 for the purpose of obtaining approval of the
appointment of Argent Trust Company as successor trustee of the
Trust, was adjourned due to the lack of the requisite quorum.
The Special Meeting has been adjourned until Wednesday, May 4, 2022 at 12:00 p.m., Central Time, at Shady Oaks Country
Club, 320 Roaring Springs Road, Fort
Worth, TX 76114.
The Trust's proxy materials, which were previously filed and
mailed to the unitholders on or about February 11, 2022, remain unchanged. The
record date for unitholders entitled to vote at the Special Meeting
remains the close of business on February
4, 2022. Unitholders who have already voted on the
proposals do not need to take any further action. Unitholders
who have not voted as of yet are strongly encouraged to submit
their votes.
Forward-looking
Statements
Any statements in this Current Report on Form 8-K and the
exhibits filed or furnished herewith about plans for the
Registrant, the expected timing of the completion (if any) of the
proposed resignation of the Trustee or appointment of a successor
trustee, and other statements containing the words "estimates,"
"believes," "anticipates," "plans," "expects," "will," "may,"
"intends" and similar expressions, other than historical facts,
constitute forward-looking statements within the meaning of the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Factors or risks that could cause the Registrant's
actual results to differ materially from the results we anticipate
include, but are not limited to the inability of the Trustee to
resign or Argent Trust Company to assume duties as successor
trustee due to the failure to obtain necessary unitholder or court
approval or the failure to satisfy other conditions to the
Trustee's resignation set forth in the Trustee's notice of
resignation and definitive proxy statement.
Actual results may differ materially from those indicated by
such forward-looking statements. In addition, the forward-looking
statements included in this press release represent the Trustee's
views as of the date hereof. The Trustee anticipates that
subsequent events and developments may cause its views to change.
However, while the Trustee may elect to update these
forward-looking statements at some point in the future, it
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Trustee's views as of any date subsequent to the
date hereof.
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SOURCE Cross Timbers Royalty Trust