Cassiar Gold Announces Results of Annual General Meeting of Shareholders
Cassiar Gold Announces Results of Annual
General Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - March 16, 2022) -
Cassiar Gold Corp. (TSXV: GLDC) (OTCQX:
CGLCF)
(the "Company") is pleased to release the results of its Annual General Meeting of
shareholders held on Wednesday, March 16, 2022 (the "Meeting").
A total of 20,908,267 common shares were represented in person or by proxy at the Meeting,
representing 32.74% of the Company's issued and outstanding common shares. All directors nominated
as listed in the Management Information Circular dated February 11, 2022, were re-elected, as shown in
the following table below:
Nominee
Votes For
% Votes For
Votes Withheld
% Votes Withheld
Marco Roque
16,727,424
99.92%
13,301
0.08%
Stephen Letwin
16,395,592
97.94%
345,133
2.06%
Christopher
Stewart
16,215,424
96.86%
525,301
3.14%
Stephen Robertson
16,715,424
99.85%
25,301
0.15%
Wenhong Jin
14,170,472
84.65%
2,570,253
15.35%
Michael Wood
16,710,425
99.82%
30,300
0.18%
At the Meeting, the shareholders of the Company also approved:
the appointment of MNP LLP, Chartered Accountants, as the auditors of the Company for the
ensuing year and to authorize the directors to fix their remuneration; and
the Company's Rolling Share Option Plan, Share Unit Plan, Share Unit Grants and Deferred Share
Unit Grant as described in the information circular dated February 11, 2022.
Details of votes on all matters of business considered at the Meeting are available in the Company's
report of voting results on SEDAR (
www.sedar.com
).
About Cassiar Gold Corp.
Cassiar Gold Corp. is a Canadian gold exploration company holding a 100% interest in its flagship
Cassiar Gold Property located in British Columbia, Canada. The Cassiar Gold property spans 590 km
2
and consists of two main project areas: Cassiar North, which hosts a NI 43-101-compliant inferred
resource estimate of 1Moz at 1.43 g/t Au (cutoff grade of 0.7 g/t) known as the as the Taurus Deposit
(see National Instrument 43-101 Technical report on the Cassiar Gold property, amended Nov. 12, 2019,
by S. Zelligan, posted to SEDAR); and Cassiar South which hosts numerous gold showings, historical
workings, and exploration prospects. Historical underground mines in the Cassiar South area have
yielded over 315,000 oz of Au at grades of between 10 and 25 g/t Au (BC Minfile), underscoring the high
potential for further discovery and expansion of bonanza-grade orogenic gold veins.
The Company also holds a 100% interest in the Sheep Creek gold camp located near Salmo, BC. The
Sheep Creek gold district ranks as the third largest past-producing orogenic gold district in BC with
historical gold production of 742,000 ounces gold at an average grade of 14.7 g/t gold from 1900 to
1951. Minimal exploration work has been conducted since the 1950s.
Cassiar Gold acknowledges, respects, and supports the rights of Traditional First Nations in the lands
and communities where we operate.
CONTACT INFORMATION
Cassiar Gold Corp.
Shirley Anthony
VP Investor Relations & Communications
1-778-999-2771
Forward-Looking Statements
This press release may contain forward-looking statements, including those describing Cassiar Gold
Corp.'s future plans and the expectations of management that a stated result or condition will occur. Any
statement addressing future events or conditions necessarily involves inherent risk and uncertainty.
Actual results can differ materially from those anticipated by management at the time of writing due to
many factors, the majority of which are beyond the control of Cassiar Gold Corp. and its management. In
particular, this news release contains forward-looking statements pertaining, directly or indirectly, to the
following: regulatory conditions and the Company's ability to receive permits and regulatory approvals,
mineral resource estimates and the assumptions underlying such estimates, the Company's plans for
exploration and development, and economic factors, business and operations strategies. These
forward-looking statements involve known and unknown risks, uncertainties and other factors that may
cause actual results, performance or achievements expressed or implied by such forward-looking
statements to be materially different from expectations. Although management of the Company has
attempted to identify important factors that could cause actual results to differ, there is no assurance that
these forward-looking statements will prove accurate, or that actual results will not vary materially from
such statements. These statements speak only as of the date of this release, and the Company
undertakes no obligation to publicly update or revise any forward-looking statements except as expressly
required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/117100