Red Lake Gold Inc. Shareholders Approve Plan of Arrangement for Alma Gold Inc. Spinco
Red Lake Gold Inc. Shareholders Approve Plan of
Arrangement for Alma Gold Inc. Spinco
Vancouver, British Columbia, October 16, 2020 – Red Lake Gold Inc. (CSE: RGLD)(FWB:P11)(“Red
Lake Gold” or the "Corporation") is pleased to report that all matters put forth to shareholders
at its annual general and special meeting held earlier today in Vancouver, British Columbia (the
“Meeting”) have been overwhelmingly approved.
A total of 7,480,091 common shares were cast at the Meeting either in-person or by proxy
representing 23.495% of the issued and outstanding shares of the Corporation at the meeting
record date.
Voting result particulars were as follows:
Item 1) Number of Directors
Number of Votes % of Votes Cast
For 7,423,091 99.238%
Against 57,000 0.762%
Item 2a) Ryan Kalt as a Director
Number of Votes % of Votes Cast
For 7,423,091 99.238%
Withhold 57,000 0.762%
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Item 2b) Eugene A. Hodgson as a Director
Number of Votes % of Votes Cast
For 7,422,091 99.225%
Withhold 58,000 0.775%
Item 2c) Brian Hearst as a Director
Number of Votes % of Votes Cast
For 7,423,091 99.238%
Withhold 57,000 0.762%
Item 3) Appointment of Auditor
Number of Votes % of Votes Cast
For 7,423,091 99.238%
Withhold 57,000 0.762%
Item 4) Plan of Arrangement
Number of Votes % of Votes Cast
For 7,423,091 99.238%
Against 57,000 0.762%
Item 5) Approval of Stock Option Plan for Spinco
Number of Votes % of Votes Cast
For 7,422,091 99.225%
Against 58,000 0.775%
Item 6) Other Matters
Number of Votes % of Votes Cast
For 7,422,091 99.225%
Against 58,000 0.775%
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For further information on Red Lake Gold and its regulatory filings, please review the
Corporation’s profile at www.SEDAR.com.
On Behalf of the Board of Directors
Ryan Kalt
Chairman & Chief Executive Officer
Email: [email protected]
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements address
future events and conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently expected or forecast in such statements.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of
the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.