Lundin Gold Announces Voting Results from Annual Meeting
NEWS RELEASE Vancouver, May 5, 2022
LUNDIN GOLD ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING
Lundin Gold Inc. (TSX: LUG)(Nasdaq Stockholm: LUG) ("Lundin Gold" or the "Company") is pleased to report the voting results from the Company’s 2022 Annual General Meeting of Shareholders (“Annual Meeting”), which was held today in Vancouver, British Columbia.
A total of 192,672,069 common shares were voted at the meeting, representing 82.14% of the votes attached to all the outstanding common shares. Shareholders voted by ballot in favour of each of the items of business at the Annual Meeting as follows:
| Votes For | % For | Votes | % Withheld | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Withheld | |||||||||
| Election of Directors | |||||||||
| Carmel Daniele | 191,149,179 | 99.69 | 600,670 | 0.31 | |||||
| Gillian Davidson | 191,620,354 | 99.93 | 129,495 | 0.07 | |||||
| Ian W. Gibbs | 161,671,723 | 84.31 | 30,078,126 | 15.69 | |||||
| Chantal Gosselin | 191,182,979 | 99.70 | 566,870 | 0.30 | |||||
| Ashley Heppenstall | 163,745,368 | 85.40 | 28,004,481 | 14.60 | |||||
| Ron F. Hochstein | 188,864,838 | 98.50 | 2,885,011 | 1.50 | |||||
| Craig Jones | 189,804,876 | 98.99 | 1,944,973 | 1.01 | |||||
| Jack Lundin | 186,282,607 | 97.15 | 5,467,242 | 2.85 | |||||
| Bob Thiele | 189,804,269 | 98.99 | 1,945,580 | 1.01 | |||||
| Appointment of Auditors | |||||||||
| PricewaterhouseCoopers LLP | 192,634,691 | 99.98 | 37,378 | 0.02 | |||||
| Votes For | % For | Votes Against | % Against | ||||||
| Advisory Vote on the Company’s Approach to Executive Compensation | 191,188,311 | 99.71 | 561,538 | 0.29 | |||||
| Approval of the Company’s amended and | 190,929,783 | 99.57 | 820,066 | 0.43 | |||||
| restated equity compensation plan and the | |||||||||
| unallocated entitlements thereunder |
The Board of Directors thanks Mr. Lukas Lundin and Mr. Paul McRae upon their retirements for their contributions to Lundin Gold’s Board. The Board is pleased to welcome Mr. Jack Lundin to the Board and to announce that Mr. Jack Lundin has been appointed as the Chair of Board and as a member of the Technical Committee of the Board.
All nine directors will serve on the Company’s Board of Directors until the next annual meeting of shareholders or until their successors are elected or appointed.
Detailed voting results for the 2022 Annual Meeting are available on SEDAR at www.sedar.com.
Lundin Gold Inc. 885 West Georgia Street, Suite 2000 Phone: +1 604 689 7842 lundingold.com Vancouver, BC, V6C 3E8 Fax: +1 604 689 4250 Email: [email protected]
About Lundin Gold
Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world.
The Company's board and management team have extensive expertise in mine operations and are dedicated to advancing Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact. The Company believes that the value created through the development of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador.
Additional Information
This information was submitted for publication on May 5, 2022 at 2:00 p.m. PT through the contact persons set out below.
For more information, please contact
Ron F. Hochstein Finlay Heppenstall President and CEO Director, Investor Relations Tel (Ecuador): +593 2-299-6400 Tel: +1 604 806 3089 Tel (Canada): +1-604-806-3589 [email protected] [email protected]