Wesdome Reports Voting Results of Annual General Meeting of Shareholders
19 June 2024 - 7:28AM
Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the
“Company”) today announces the results of its 2024 annual general
meeting of shareholders (the “Meeting”) held earlier today. A
replay of the Meeting is available on the Company’s website.
A total of 98,978,379 common shares were
represented at the Meeting, representing 66.19% of the total issued
and outstanding common shares of the Company.
All matters presented for shareholder approval
at the Meeting were approved, as follows:
(a) Election of the
directors of the Company for the ensuing year;
(b) Appointment of
Grant Thornton LLP as auditor of the Company for the ensuing year
and authorizing the directors to fix their remuneration; and
(c) Approval of an
advisory non-binding resolution accepting the approach to executive
compensation disclosed in the Company’s Management Information
Circular dated May 14, 2024.
Election of Directors
The following seven individuals were elected as
directors of the Company until the next annual meeting of
shareholders:
|
Name of Nominee |
Votes For |
% For |
Votes Withheld / Abstain |
% Withheld / Abstain |
|
Anthea Bath |
83,042,479 |
97.86% |
1,816,077 |
2.14% |
|
Louise Grondin |
73,238,523 |
86.31% |
11,620,033 |
13.69% |
|
Charles Main |
74,875,627 |
88.24% |
9,982,929 |
11.76% |
|
Jacqueline Ricci |
73,777,476 |
86.94% |
11,081,080 |
13.06% |
|
Brian Skanderbeg |
73,621,200 |
86.76% |
11,237,356 |
13.24% |
|
Edie Thome |
69,517,502 |
81.92% |
15,341,054 |
18.08% |
|
Bill Washington |
76,977,795 |
90.71% |
7,880,761 |
9.29% |
| |
|
|
|
|
Following the Meeting, the Board appointed Bill
Washington as Interim Chair while it continues its search through
an independent recruitment firm for a permanent Chair as part of
its board refresh.
Appointment of
Auditor
Based on proxies received and votes cast by show
of hands during the Meeting, Grant Thornton LLP, Chartered
Accountants, were appointed as independent auditor of the Company
for the ensuing year and the directors are authorized to fix their
remuneration:
|
|
VotesFor |
%For |
VotesWithheld / Abstain |
%Withheld / Abstain |
|
Appointment of Auditor |
95,092,237 |
96.07% |
3,886,142 |
3.93% |
| |
|
|
|
|
Advisory Vote on Executive
Compensation
Based on proxies received and votes cast by
ballot during the Meeting, the advisory non-binding resolution
accepting the approach to executive compensation disclosed in the
Company’s Management Information Circular dated May 14, 2024 was
approved as follows:
|
|
Votes For |
% For |
Votes Against |
% Against |
|
Advisory Vote on Executive Compensation |
81,369,417 |
95.89% |
3,489,139 |
4.11% |
The Report of Voting Results has been filed
under the Company’s profile on SEDAR+ at www.sedarplus.ca.
About Wesdome
Wesdome is a Canadian focused gold producer with
two high grade underground assets, the Eagle River mine in Ontario
and the Kiena mine in Quebec. The Company’s primary goal is to
responsibly leverage this operating platform and high-quality
brownfield and greenfield exploration pipeline to build Canada’s
next intermediate gold producer.
For further information, please
contact:Raj Gill, SVP, Corporate Development &
Investor RelationsTrish Moran, VP, Investor RelationsPhone: +1
(416) 360-3743E-Mail: invest@wesdome.com
To receive Wesdome’s news releases by email,
please register on the Company website at www.wesdome.com.
PDF
available: http://ml.globenewswire.com/Resource/Download/ab447f9f-02d3-4469-9fea-a15fa43dfd5b
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