Kirkland Lake Announces Results of Annual and Special Meeting of Shareholders
09 May 2019 - 9:24PM
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL)(ASX:KLA) today
reported that at the annual and special meeting of shareholders
held on May 7, 2019, all resolutions proposed to shareholders were
duly passed.
Based on proxies received, 163,523,596 common
shares of the Company, representing 78% of the Company’s issued and
outstanding common shares as at the record date were voted, and the
seven nominees listed in the management information circular were
elected as directors of the Company until the next annual meeting
of shareholders. The results are set out below:
Name of Nominee |
Votes cast FOR |
% votes cast FOR |
Votes WITHHELD |
% of Votes WITHHELD |
Jonathan Gill |
145,907,841 |
99.869% |
|
191,770 |
0.131% |
|
Arnold Klassen |
139,835,522 |
95.712% |
|
6,264,089 |
4.288% |
|
Pamela Klessig |
145,660,580 |
99.699% |
|
439,031 |
0.301% |
|
Anthony Makuch |
141,513,525 |
96.861% |
|
4,586,086 |
3.139% |
|
Barry Olson |
145,416,750 |
99.533% |
|
682,861 |
0.467% |
|
Jeffrey Parr |
145,994,083 |
99.928% |
|
105,528 |
0.072% |
|
Raymond Threlkeld |
134,810,297 |
92.273% |
|
11,289,314 |
7.727% |
|
In addition, shareholders of the Company
approved a non-binding advisory resolution on the Company’s
approach to executive compensation (“Say on Pay”) as set out
below:
Votes For |
% For |
Votes Against |
% Against |
144,582,131 |
98.961% |
|
1,511,811 |
1.035% |
|
Also at the meeting, KPMG LLP, Chartered
Accountants were appointed as the Company’s auditors for the
ensuring year by a majority of shareholders and shareholders
approved a special resolution to fix the number of directors at
seven, in accordance with the articles and by-laws of the Company.
For detailed voting results on each resolution, please refer to the
Company’s Report of Voting Results filed on SEDAR at
www.sedar.com.
The Company is also pleased to announce that Mr.
Jeff Parr was appointed the Chairman of the Board immediately
following the AGM. Mr. Parr is a Chartered Professional Accountant
(CPA, CA 1984) and has over 30 years of executive management
experience in the mining and service provider industries. He joined
Centerra Gold in 2006 and was appointed Chief Financial Officer in
2008 where he served until his retirement in 2016. From 1997 to
2006 he worked for Acres International as Chief Financial Officer
and from 1988 to 1997, held progressively senior financial
positions at WMC International (a subsidiary of Western Mining
Corporation responsible for operations and exploration in the
Americas), ultimately serving as the Company’s Executive Vice
President. He is also a member of the Board and Chair of the Audit
Committee of Discovery Metals Corp. He is a member of the Canadian
Institute of Chartered Professional Accountants and has obtained
the ICD.D designation from the Institute of Corporate
Directors.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a growing gold
producer operating in Canada and Australia that produced 723,701
ounces in 2018 and is on track to achieve significant production
growth over the next three years, including target production of
950,000 – 1,000,000 ounces in 2019, 930,000 – 1,010,000 ounces in
2020 and 995,000 – 1,055,000 ounces in 2021. The production profile
of the Company is anchored by two high-grade, low-cost operations,
including the Macassa Mine located in Northern Ontario and the
Fosterville Mine located in the state of Victoria, Australia.
Kirkland Lake Gold's solid base of quality assets is complemented
by district scale exploration potential, supported by a strong
financial position with extensive management and operational
expertise.
For further information on Kirkland Lake Gold
and to receive news releases by email, visit the website
www.klgold.com.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive
Officer & DirectorPhone: +1 416-840-7884E-mail:
tmakuch@klgold.com
Mark Utting, Vice-President, Investor Relations Phone: +1
416-840-7884 E-mail: mutting@klgold.com
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