A total of 100,117,276 common shares, representing 37.12% of the Company’s outstanding shares were represented at the Meeting and all motions put forward were passed.
The following sets forth a summary of the voting results:
Number of Directors
The number of Directors was set at seven.
Votes For: | 97.32 % |
Votes Against: | 2.68 % |
Election of Directors
The following nominees were elected as Directors to hold office until the next annual meeting of shareholders of the Company or until their successors are elected or appointed.
Directors | Votes For | Votes Withheld |
39,159,070 (42.12%) | 53,805,373 (57.88%) | |
39,046,670 (42%) | 53,917,773 (58%) | |
92,537,775 (99.54%) | 426,668 (0.46%) | |
39,095,430 (42.05%) | 53,869,013 (57.95%) | |
38,251,030 (41.15%) | 54,713,413 (58.85%) | |
91,968,670 (98.93%) | 995,773 (1.07%) | |
92,593,074 (99.6%) | 371,368 (0.4%) |
In accordance with the Company’s Majority Voting Policy, the Company anticipates that each of
Appointment of Auditor
Votes For: | 99.75 % |
Votes Withheld: | 0.25 % |
About
The Company’s flagship project is Cañariaco, within which Cañariaco Norte, is the 10th largest late-stage copper resource in the world and 5th highest in grade (RFC Ambrian,
The Company is very pleased to now have Cañariaco Norte included in 4 research reports that compare various global copper projects. RFC Ambrian: Cañariaco Norte in top 10 of 23 projects with potential to involve third party M&A (
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking information within the meaning of Canadian securities laws (“forward-looking statements”). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. These forward-looking statements are made as of the date of this press release. Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the resignation of certain directors of the Company. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements.
There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.
On behalf of the Board of
“Joanne C. Freeze”
For further information please contact:
or
info@candentecopper.com
www.candentecopper.com
NR-153
Source:
2022 GlobeNewswire, Inc., source