GoGold Announces Results of Annual Meeting
GoGold Announces Results of Annual Meeting
Shares Outstanding: 222,025,246
Trading Symbols: TSX: GGD
OTCQX: GLGDF
HALIFAX
,
March 25, 2020
/CNW/ -
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)
("GoGold", "the Company")
is pleased to announce that at the annual and special meeting of
shareholders held on
March 25, 2020
(the "Meeting"), the shareholders re-elected
John Turner
,
Bradley Langille
,
Phillip Gaunce
,
George Waye
,
Terrence Cooper
and
Dana Hatfield
as directors of
the Company for the forthcoming year. Each director was elected by a majority of the votes and the
table below presents the votes represented by proxy in respect of the election of each director:
Nominee
Votes For
Votes Withheld
John Turner
75,768,086 (96.98%)
2,360,610 (3.02%)
Dana Hatfield
75,721,236 (96.92%)
2,407,460 (3.08%)
Phillip Gaunce
78,021,746 (99.86%)
106,950 (0.14%)
George Waye
78,099,596 (99.96%)
29,100 (0.04%)
Terrence Cooper
76,332,887 (97.70%)
1,795,809 (2.30%)
Bradley Langille
76,975,836 (98.52%)
1,152,860 (1.48%)
In addition, at the Meeting, KPMG LLP, Chartered Accountants, were re-appointed as the auditors
of the Company until the next annual meeting of shareholders or until their successors are duly
appointed, at a remuneration to be fixed by the directors. The shareholders also approved
increasing the maximum number of common shares of the Company that may be issued under the
Company's Deferred Share Unit Plan from 5,000,000 to 6,500,000, with 76,079,261 (97.38%) votes
for and 2,049,435 (2.62%) votes against.
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on
operating, developing, exploring and acquiring high quality projects in Mexico. The Company
operates the Parral Tailings project in the
state of Chihuahua
and has the Los Ricos exploration
project in the state of
Jalisco
. Headquartered in
Halifax, NS
, GoGold is building a portfolio of low
cost, high margin projects. For more information visit
gogoldresources.com
.
CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and
may not be offered or sold within
the United States
or to, or for the benefit of, U.S. persons (as
defined in Regulation S under the U.S. Securities Act) except in compliance with the registration
requirements of the U.S. Securities Act and applicable state securities laws or pursuant to
exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to
buy of any of GoGold's securities in
the United States
.
This news release may contain "forward-looking information" as defined in applicable Canadian
securities legislation. All statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding the Parral tailings project, the Los Ricos project,
future operating margins, future production and processing, and future plans and objectives of
GoGold, constitute forward looking information that involve various risks and uncertainties. Forward-
looking information is based on a number of factors and assumptions which have been used to
develop such information but which may prove to be incorrect, including, but not limited to,
assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern,
general economic and market conditions, mineral prices, the accuracy of mineral resource
estimates, and the performance of the Parral project There can be no assurance that such
information will prove to be accurate and actual results and future events could differ materially from
those anticipated in such forward-looking information.
Important factors that could cause actual results to differ materially from GoGold's expectations
include exploration and development risks associated with GoGold's projects, the failure to establish
estimated mineral resources or mineral reserves, volatility of commodity prices, variations of
recovery rates, and global economic conditions. For additional information with respect to risk
factors applicable to GoGold, reference should be made to GoGold's continuous disclosure
materials filed from time to time with securities regulators, including, but not limited to, GoGold's
Annual Information Form. The forward-looking information contained in this release is made as of the
date of this release.
SOURCE
GoGold Resources Inc.
View original content:
http://www.newswire.ca/en/releases/archive/March2020/25/c0538.html
%SEDAR: 00029249E
For further information:
Steve Low, Corporate Development, GoGold Resources, T: 416 855
0435,
CO: GoGold Resources Inc.
CNW 19:29e 25-MAR-20