The Company's shareholders set the number of directors of the Company for the ensuing year at seven.
Votes FOR | % FOR | Votes AGAINST | % AGAINST |
147,305,943 | 99.98 % | 25,800 | 0.02 % |
All director nominees set out in the Management Information Circular dated
Votes FOR | % FOR | Votes WITHHELD | % WITHHELD | |
146,380,802 | 99.86 % | 201,938 | 0.14 % | |
146,455,123 | 99.91 % | 127,617 | 0.09 % | |
146,558,803 | 99.98 % | 23,937 | 0.02 % | |
146,558,314 | 99.98 % | 24,426 | 0.02 % | |
146,558,159 | 99.98 % | 24,581 | 0.02 % | |
146,558,314 | 99.98 % | 24,426 | 0.02 % | |
146,558,802 | 99.98 % | 23,938 | 0.02 % |
The Company's shareholders also appointed
Votes FOR | % FOR | Votes WITHHELD | % WITHHELD |
147,139,805 | 99.87 % | 191,138 | 0.13 % |
The Company's shareholders also authorized, ratified, confirmed, and approved the Company's rolling omnibus equity incentive plan (the "Omnibus Plan").
Votes FOR | % FOR | Votes AGAINST | % AGAINST |
122,887,633 | 83.83 % | 23,695,107 | 16.17 % |
The board of directors approved the Omnibus Plan on
Pursuant to the Omnibus Plan, the Company is entitled to grant stock options, restricted share units ("RSUs"), performance share units ("PSUs") or deferred share units ("DSUs") to eligible persons under the Omnibus Plan, with the number of common shares issuable thereunder, together with the number of common shares issuable under any other security-based compensation arrangements of the Company, not to exceed 10% of the total number of common shares outstanding from time to time. Subject to the terms of the applicable grants and the Omnibus Plan, the Company may, at its discretion, settle RSUs, PSUs or DSUs granted under the Omnibus Plan in either cash or equity.
As set out in the Circular, the Omnibus Plan replaces the Company's existing stock option plan (the Stock Option Plan) and existing cash settled share unit plan (the Share Unit Plan). Existing stock options granted under the Stock Option Plan and share units granted under the Share Unit Plan will continue to be governed by the terms thereof and no additional stock options or cash settled share units will be granted under such plans.
Under the policies of the
On behalf of the Board of Directors
Chairman and Chief Executive Officer
+1 604 558 1107
Neither the
This press release contains certain forward-looking statements and forward-looking information as defined under applicable Canadian and
These forward-looking statements represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance, which are based on information currently available to management, management's historical experience, perception of trends and current business conditions, expected future developments and other factors which management considers appropriate. Such forward-looking statements involve numerous risks and uncertainties, and actual results may vary. Important risks and other factors that may cause actual results to vary include, without limitation: risks related to the ability of the Company to accomplish its plans and objectives with respect to the development of the project within the expected timing or at all, the timing and receipt of certain required approvals, changes in commodity prices, changes in interest and currency exchange rates, risks inherent in exploration estimates and results, risks inherent in exploration and development activities, changes in development or mining plans due to changes in logistical, technical or other factors, unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials, equipment or third party contractors, delays in the receipt of government approvals, industrial disturbances, job action, and unanticipated events related to heath, safety and environmental matters), changes in governmental regulation of mining operations, political risk, social unrest, changes in general economic conditions or conditions in the financial markets, and other risks related to the ability of the Company to proceed with its plans for the project and other risks set out in the Company's most recent MD&A, which is available on the Company's website at www.artemisgoldinc.com and on SEDAR at www.sedar.com.
In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, the assumptions that: (1) market fundamentals will result in sustained mineral demand and prices; (2) any necessary approvals and consents in connection with the development of the project will be obtained; (3) financing for the development, construction and continued operation of the project will continue to be available on terms suitable to the Company; (4) sustained commodity prices will continue to make the project economically viable; and (5) there will not be any unfavourable changes to the economic, political, permitting and legal climate in which the Company operates. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause the actual results or performance by the Company to differ materially from those expressed in, or implied by, any forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company. Investors should therefore not place undue reliance on forward-looking statements. The Company is under no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future events or otherwise, except as may be required under applicable securities laws.
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