On January 23, 2014, Monument Mining Limited issued a statement commenting on Avner Kreimer that Avner Kreimer has negligible ownership, vague plans and a poor understanding of corporate governance and mining law, is attempting to take control of the Board. In addition, the Company commented that it has identified certain deficiencies in the dissident's materials and is continuing its investigation and considering possible courses of action in light of these deficiencies. Further, the Company urged its shareholders to vote on its proxy card.