Laramide Resources Announces Results of Annual Meeting of Shareholders
Laramide Resources Announces Results of
Annual Meeting of Shareholders
TORONTO
,
June 17, 2020
/CNW/ -
Laramide Resources Ltd.
("Laramide" or the "Company")
(TSX:LAM, ASX:LAM)
is pleased to announce the results of its annual and special meeting of
shareholders (the "Meeting") held on
Tuesday, June 16, 2020
, in
Toronto
.
A total of 62,096,585 common shares (the "Common Shares") were represented and all matters
presented for approval at the Meeting have been duly authorized and approved. The nominees
proposed by management were elected by shareholders on a show of hands. The detailed results of
the management proxy votes received were as follows:
1A) Election of Director – Mr.
Marc Henderson
The instructions given to validly appointed proxies in respect of the resolution were as follows:
For
%
Withheld
%
43,619,931
95.01
2,289,630
4.99
1B
) Election of Director – Mr.
Raffi Babikian
The instructions given to validly appointed proxies in respect of the resolution were as follows:
For
%
Withheld
%
42,243,554
92.01
3,666,007
7.99
1C) Election of Director – Mr.
John Booth
The instructions given to validly appointed proxies in respect of the resolution were as follows:
For
%
Withheld
%
42,206,631
91.93
3,702,930
8.07
1D) Election of Director – Mr.
Scott Patterson
The instructions given to validly appointed proxies in respect of the resolution were as follows:
For
%
Withheld
%
42,190,571
91.90
3,718,990
8.10
2) Appointment of RSM Canada LLP as the Auditors
The instructions given to validly appointed proxies in respect of the resolution were as follows:
For
%
Withheld
%
56,292,121
90.68
5,783,229
9.32
The motion was carried as an ordinary resolution on a show of hands.
3) Permit the Exercise of Certain Restricted Warrants
Shareholders of the Company were asked to consider, and if deemed advisable, to pass, with or
without variation, a resolution authorizing, approving, and permitting the exercise of certain warrants
issued pursuant to the Company's private placement of
January 16, 2020
.
The instructions given to validly appointed proxies in respect of the resolution were as follows:
Proxies Received
By Ballot
For
%
Against
%
For
%
Against
%
42,039,983
91.57
3,869,578
8.43
42,059,768
91.57
3,871,028
8.43
The motion was approved via a vote by ballot.
4) Approval of the Stock Option Plan
In accordance with the requirements of the TSX, every three years after adoption, all unallocated
options, rights and other entitlements under a security-based compensation arrangement which does
not have a fixed maximum number of securities issuable thereunder, must be approved by the
majority of the issuer's security holders. This approval will be in effect for three years from the date
of the Meeting.
The instructions given to validly appointed proxies in respect of the resolution were as follows:
Proxies Received
By Ballot
For
%
Against
%
For
%
Against
%
41,565,683
90.54
4,343,878
9.46
41,585,468
90.54
4,345,328
9.46
The motion was approved via a vote by ballot.
The formal report on voting results with respect to all matters voted upon at the meeting is filed on
SEDAR.
To learn more about Laramide, please visit the Company's website at
www.laramide.com
.
About Laramide Resources:
Laramide Resources Ltd., headquartered in
Toronto
and listed on the TSX: LAM and ASX: LAM, is
engaged in the exploration and development of high-quality uranium assets. Laramide's portfolio of
advanced uranium projects have been chosen for their production potential. Major U.S. assets
include the Churchrock and Crownpoint In Situ Recovery (ISR) projects and La Jara Mesa in
Grants,
New Mexico
, as well as
La Sal
in the Lisbon Valley district of
Utah
. The Churchrock and
Crownpoint
properties, with near-term development potential and significant mineral resources, form a leading
ISR division operating in a tier one jurisdiction with enhanced overall project economics. The
Company's Australian advanced stage
Westmoreland
is one of the largest projects currently held by
a junior mining company.
SOURCE
Laramide Resources Ltd.
View original content:
http://www.newswire.ca/en/releases/archive/June2020/17/c8608.html
%SEDAR: 00003540E
For further information:
Marc Henderson, President and Chief Executive Officer, Toronto, Canada,
+1 (416) 599 7363; Email: [email protected]
CO: Laramide Resources Ltd.
CNW 08:47e 17-JUN-20