Resources Corp. Ltd.
______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected], www.chinagoldintl.com Suite 660, One Bentall Centre 505 Burrard Street, Box 27 Vancouver, BC Canada V7X 1M4 China Gold International Reports Results of Voting at the Annual General and Special Meeting of Shareholders.
VANCOUVER, July 27, 2015 - China Gold Inter national Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the “Company” or “China Gold In ternational Resources”) is pleased to announce the voting results and the re-election of its Board of Directors at the Company’s annual general and special meeting of shareholders (the ”AGM”) held on June 30, 2015. All director nominees were re-elected to the Board of Directors and t he detailed results of the vote are presented below: Director Nominee Results of Election Fo r (%) Withheld (%) Total
Xin Song Elected 207,780,172 (95.77%) 9,169,920 (4.23%) 216,950,092 (100%)
Bing Liu Elected 209,673,830 (96.55%) 7,276,262 (3.35%) 216,950,092 (100%)
Lianzhong Sun Elected 207,771,061 (95. 77%) 9,179,031 (4.23%) 216,950,092 (100%)
Liangyou Jiang Elected 209,766,454 (96. 69%) 7,183,638 (3.31%) 216,950,092 (100%)
Ying Bing Ian He Elected 195,720,749 (90. 21%) 21,229,343 (9.79%) 216,950,092 (100%)
Yunfei Chen Elected 215,994,560 (99. 56%) 955,532 (0.44%) 216,950,092 (100%)
Gregory Clifton Hall Elected 206,635,998 (95. 25%) 10,314,094 (4.75%) 216,950,092 (100%)
John King Burns Elected 215,995,460 (99. 56%) 954,632 (0.44%) 216,950,092 (100%)
Xiangdong Jiang Elected 193,961,719 (89.40% ) 22,988,373 (10.60%) 216,950,092 (100%)
The results of votes on additional matters of business considered at the AGM are shown in two tables below: Table 1: Resolution Results of Election For (%) Withheld (%) Total To appoint Deloitte Touche Tohmatsu as the auditors of the Company and authorize the board of directors to fix their remuneration
Approved 231,026,451 (99.99%) 15, 323 (0.01%) 231,041,774 (100%)
Table 2:
Resolution Results of Election For (%) Against (%) Total To grant to the board of directors a general mandate to allot, issue and otherwise deal with unissued shares not exceeding 20% of the issued share capital of the Company
Approved 191,496,959 (88.28%) 25,42 7,949 (11.72%) 216,924,908 (100%)
To grant to the board of directors a general mandate to
Approved 216,889,571 (99.98%) 35,337 (0.02%) 216,924,908 (100%)
China Gold International
Resources Corp. Ltd.
______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected], www.chinagoldintl.com 2Suite 660, One Bentall Centre 505 Burrard Street, Box 27 Vancouver, BC Canada V7X 1M4 repurchase shares not exceeding 10% of the issued share capital of the Company To extend the share allotment mandate by the addition thereto of the shares repurchased by the Company
Approved 191,517,637 (88.29%) 25,40 7,271 (11.71%) 216,924,908 (100%)
To approve the revision to the Product and Service Framework Agreement and the transactions contemplated thereunder
Approved 62,530,825 (99.93%) 45, 353 (0.07%) 62,576,178 (100%)
To approve the revised proposed annual cap for the year ending December 31, 2015 contemplated under the Product and Service Framework Agreement
Approved 62,537,626 (99.94%) 38, 552 (0.06%) 62,576,178 (100%)
To approve the proposed annual caps for the two years ending December 31, 2016 and 2017 contemplated under the Product and Service Framework Agreement
Approved 62,552,937 (99.96%) 23, 241 (0.04%) 62,576,178 (100%)
To approve the
Financial Services
Agreement and the transactions contemplated thereunder
Approved 37,168,009 (59.40%) 25,40 8,169 (40.60%) 62,576,178 (100%)
To approve the proposed daily monetary caps contemplated under the Financial Services Agreement for the three years ending December 31, 2015, 2016 and 2017
Approved 37,173,075 (59.40%) 25,40 3,103 (40.60%) 62,576,178 (100%)
To authorize any one director of the Company to do such further acts and things and to execute or cause to be executed, and to deliver or
Approved 44,094,721 (70.47%) 18,48 0,257 (29.53%) 62,574,978 (100%)
China Gold International
Resources Corp. Ltd.
______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected], www.chinagoldintl.com 3Suite 660, One Bentall Centre 505 Burrard Street, Box 27 Vancouver, BC Canada V7X 1M4 cause to be delivered, such other documents and instruments, and to take all such steps which in the opinion of such director of the Company do or cause to be done all such other acts and things, necessary or desirable to implement and/or carry out and/or give effect to the terms of the foregoing Resolutions For a detailed look at the voting result s please visit the Company's website at www.chinagoldintl.com or SEDAR at www.sedar.com.
About China Gold International Resources
China Gold International Resources Corp. Ltd. is based in Vancouver, BC, Canada and operates both profitable and growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Gold Polymetallic Mine in Ti bet Autonomous Region of the People’s Republic of China. The Compan y’s objective is to continue to build shareholder value by growing production at its curr ent mining operations, expandin g its resource base, and aggressively acquiring and devel oping new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main B oard of The Stock Exchange of Hong Kong Limited (HKEx: 2099).
For additional information:
Elena M. Kazimirova
Investor Relations Manager and Financial Analyst
Tel: +1.604.695 5031
Email: [email protected]
Website: www.chinagoldintl.com
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold In ternational Resources contained herein may constitute forward-looking statements withi n the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although China Gold Internati onal Resources believes that t he expectations reflected in such forward-looking statements are reasonabl e, it can give no assurance that such expectations will prove to have been correct. Chin a Gold International Resources cautions that actual performance will be affected by a nu mber of factors, most of which are beyond China Gold International Resources Corp. Ltd.
______ Tel: 604-609-0598 Fax: 604-688-0598 E-mail: [email protected], www.chinagoldintl.com 4Suite 660, One Bentall Centre 505 Burrard Street, Box 27 Vancouver, BC Canada V7X 1M4 its control, and that future ev ents and results may vary substant ially from what China Gold International Resources currently foresees. Factors that could cause actual results to differ materially from those in forward-looking stat ements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-l ooking statements are ex pressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.