VANCOUVER, BC, June 10, 2020 /CNW/ - Western Copper and Gold
Corporation ("Western" or the "Company") (TSX: WRN) (NYSE MKT: WRN)
announces the voting results from the Company's Annual General
Meeting ("AGM") held on June 10,
2020.
A total of 43,630,752 common shares were represented at the AGM,
representing 39.44% of the votes attached to all outstanding common
shares as at the record date. All of the matters submitted to the
shareholders for approval as set out in the Company's notice of
meeting and information circular were approved by the requisite
majority of votes cast at the AGM.
Shareholders voted in favour of setting the number of directors
at six (6) and elected all directors, as follows:
Director
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Dale
Corman
|
25,736,918
|
99.62%
|
99,384
|
0.38%
|
Tara
Christie
|
24,947,471
|
96.56%
|
888,830
|
3.44%
|
Archie
Lang
|
25,686,383
|
99.42%
|
149,919
|
0.58%
|
Michael
Vitton
|
25,700,597
|
99.47%
|
135,705
|
0.53%
|
Kenneth
Williamson
|
25,728,981
|
99.58%
|
107,320
|
0.42%
|
Klaus
Zeitler
|
25,733,962
|
99.60%
|
102,340
|
0.40%
|
Shareholders also approved the appointment of
PricewaterhouseCoopers LLP as auditors of the Company for the
ensuing year at the remuneration to be set by the directors.
The Company's report of voting results will be available on
SEDAR (www.sedar.com), EDGAR (www.sec.gov/edgar.shtml), and on the
Company's website.
ABOUT WESTERN COPPER AND GOLD CORPORATION
Western Copper and Gold Corporation is developing the Casino
Project, Canada's premier
copper-gold mine in the Yukon
Territory and one of the most economic greenfield
copper-gold mining projects in the world. For more
information, visit www.westerncopperandgold.com.
On behalf of the board,
"Paul West-Sells"
Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation
Cautionary Disclaimer Regarding Forward-Looking Statements
and Information
This news release contains certain forward-looking statements
concerning anticipated developments in Western's operations in
future periods. Statements that are not historical fact are
"forward-looking statements" as that term is defined in
the United States Private
Securities Litigation Reform Act of 1995 and "forward looking
information" as that term is defined in National Instrument 51-102
("NI 51-102") of the Canadian Securities Administrators
(collectively, "forward-looking statements"). Certain forward
looking information should also be considered future-oriented
financial information ("FOFI") as that term is defined in NI
51-102. The purpose of disclosing FOFI is to provide a general
overview of management's expectations regarding the anticipated
results of operations and capital expenditures and readers are
cautioned that FOFI may not be appropriate for other purposes.
Forward-looking statements are frequently, but not always,
identified by words such as "expects", "anticipates", "believes",
"intends", "estimates", "potential", "possible" and similar
expressions, or statements that events, conditions or results
"will", "may", "could" or "should" occur or be achieved. These
forward-looking statements may include, but are not limited to,
statements regarding perceived merit of properties; mineral reserve
and resource estimates; capital expenditures; feasibility study
results (including projected economic returns, operating costs, and
capital costs in connection with the Casino Project); exploration
results at the Company's property; budgets; work programs;
permitting or other timelines; strategic plans; market price of
precious and base metals; or other statements that are not
statement of fact. The material factors or assumptions used to
develop forward-looking statements include prevailing and projected
market prices and foreign exchange rates, exploration estimates and
results, continued availability of capital and financing,
construction and operations, the Company not experiencing
unforeseen delays, unexpected geological or other effects,
equipment failures, permitting delays, and general economic, market
or business conditions and as more specifically disclosed
throughout this document, and in the AIF and Form 40-F.
Forward-looking statements are statements about the future
and are inherently uncertain, and actual results, performance or
achievements of Western and its subsidiaries may differ materially
from any future results, performance or achievements expressed or
implied by the forward-looking statements due to a variety of
risks, uncertainties and other factors. Such risks and other
factors include, among others, risks involved in fluctuations in
gold, copper and other commodity prices and currency exchange
rates; uncertainties relating to interpretation of drill results
and the geology, continuity and grade of mineral deposits;
uncertainty of estimates of capital and operating costs, recovery
rates, production estimates and estimated economic return; risks
related to joint venture operations; risks related to cooperation
of government agencies and First Nations in the development of the
property and the issuance of required permits; risks related to the
need to obtain additional financing to develop the property and
uncertainty as to the availability and terms of future financing;
the possibility of delay in construction projects and uncertainty
of meeting anticipated program milestones; uncertainty as to timely
availability of permits and other governmental approvals; and other
risks and uncertainties disclosed in Western's AIF and Form 40-F,
and other information released by Western and filed with the
applicable regulatory agencies.
Western's forward-looking statements are based on the
beliefs, expectations and opinions of management on the date the
statements are made, and Western does not assume, and expressly
disclaims, any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as otherwise required by
applicable securities legislation. For the reasons set forth above,
investors should not place undue reliance on forward-looking
statements.
SOURCE Western Copper and Gold Corporation