Calibre Mining Corp. (“Calibre” or the “Company”)(TSX: CXB, OTCQX: CXBMF) is pleased to announce that all matters submitted to shareholders for approval as set out in detail in the Company’s Management Information Circular dated May 8, 2020 (the “Circular”), were approved by the requisite majority of votes cast at its Annual General and Special Meeting (“AGSM”) held in Vancouver, British Columbia. A total of 229,787,825 common shares of Calibre were represented by shareholders in person or by proxy at the AGSM, representing 70.05% of the Company’s issued and outstanding common shares as at the record date of May 8, 2020.
Specifically, shareholders voted to approve:
- Election of the Board of Directors;
- Re-appointment of PricewaterhouseCoopers LLP as the Company’s external auditors for 2020; and
- Amended and Restated Long-Term Incentive Plan.
Detailed results of the voting are set out below:
Election of Directors
Nominee | Outcome of Votes | Votes For | % For | Votes Withheld | % Withheld |
Russell Ball | Carried | 225,360,001 | 99.99 | 29,103 | 0.01 |
Blayne Johnson | Carried | 225,260,001 | 99.94 | 129,103 | 0.06 |
Douglas Forster | Carried | 221,549,401 | 98.30 | 3,839,703 | 1.70 |
Edward Farrauto | Carried | 217,191,035 | 96.36 | 8,198,069 | 3.64 |
Raymond Threlkeld | Carried | 217,289,085 | 96.41 | 8,100,019 | 3.59 |
Douglas Hurst | Carried | 217,294,005 | 96.41 | 8,095,099 | 3.59 |
Audra B Walsh | Carried | 225,348,371 | 99.98 | 40,733 | 0.02 |
Todd White | Carried | 225,360,371 | 99.99 | 28,733 | 0.01 |
Randall Chatwin | Carried | 225,360,371 | 99.99 | 28,733 | 0.01 |
The directors will serve on the Board of Directors until the Company’s next Annual General Meeting of shareholders.
Appointment of Auditor
Outcome of Votes | Votes For | % For | Votes Withheld | % Withheld |
Carried | 229,505,611 | 99.88 | 282,214 | 0.12 |
Approval of the Amended and Restated Long-Term Incentive Plan
Outcome of Votes | Votes For | % For | Votes Against | % Against |
Carried | 215,918,521 | 95.80 | 9,470,583 | 4.20 |
Full details of all proposals are described in the Company’s Management Information Circular available on the Company’s website at www.calibremining.com and on SEDAR at www.sedar.com
ON BEHALF OF THE BOARD
“Russell Ball”
Russell Ball, Chief Executive Officer
For further information, please contact:
Ryan King
Vice President, Corporate Development & IR
Calibre Mining Corp.
T: 604.628.1010
E: calibre@calibremining.com
W: www.calibremining.com
Source: Calibre Mining Corp.
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