TORONTO, ONTARIO, May 08, 2015 (Marketwired via COMTEX) — Argonaut Gold Inc. ("Argonaut", "Argonaut Gold" or the "Corporation") (AR) is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held May 5, 2015.
All matters presented for approval at the Meeting by management were duly authorized and approved, as follows:
i. election of all management nominees to the board of directors of the
Company;
ii. appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as
auditors of the Company for the ensuing year and authorization of the
directors to fix their remuneration; and
iii.to approve and ratify a shareholder rights plan for the Corporation.
Detailed voting results regarding the election of directors are as follows:
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Shares Voted Shares
Name Outcome of Vote For Withheld
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91,538,674 1,901,277
Peter C. Dougherty Elected (97.97%) (2.03%)
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91,595,429 1,844,522
Brian J. Kennedy Elected (98.03%) (1.97%)
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79,080,080 14,352,871
James E. Kofman Elected (84.64%) (15.36%)
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91,610,694 1,822,257
Christopher R. Lattanzi Elected (98.05%) (1.95%)
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92,088,299 1,344,652
Peter Mordaunt Elected (98.56%) (1.44%)
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90,773,376 2,659,575
Dale C. Peniuk Elected (97.15%) (2.85%)
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89,837,932 3,595,019
David H. Watkins Elected (96.15%) (3.85%)
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In addition to the above items of business put forth by management for consideration by shareholders, five shareholder proposals were presented to shareholders at the Meeting (the "Shareholder Proposals"). Of such Shareholder Proposals, only the proposal to introduce an annual advisory shareholder vote on executive compensation was carried, while the remaining four Shareholder Proposals were overwhelmingly defeated.
Further details on the above matters are set forth in the Corporation's meeting materials, including the Corporation's management information circular dated April 2, 2015, which are accessible under the Corporation's issuer profile on SEDAR atwww.sedar.com. The Corporation has also filed a report of voting results on all resolutions voted on at the Meeting on SEDAR at www.sedar.com.
About Argonaut Gold
Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production stage El Castillo Mine in Durango, Mexico, and the La Colorada Mine in Sonora, Mexico. Advanced exploration stage projects are the San Antonio project in Baja California Sur, Mexico, the Magino project in Ontario, Canada and the San Agustin project in Durango, Mexico. The Company also has several exploration stage projects, all of which are located in North America.
Contacts:
Argonaut Gold Inc.
Curtis Turner
Corporate Development Officer
(775) 284-4422 x 104
[email protected]
www.argonautgold.comSOURCE: Argonaut Gold Inc.
Original Article: http://www.marketwatch.com/story/argonaut-gold-announces-results-of-annual-and-special-meeting-of-shareholders-2015-05-08-131731118
