Treasury Metals Announces Board Changes and Voting Results from Its 2022 Annual Meeting of Shareholders
TREASURY METALS ANNOUNCES BOARD
CHANGES AND VOTING RESULTS FROM ITS
2022 ANNUAL MEETING OF SHAREHOLDERS
TSX: TML OTCQX: TSRMF
TORONTO
,
June 28, 2022
/CNW/ - Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) ("Treasury
Metals" or the "Company") is pleased to announce results from its 2022 Annual General Meeting of
Shareholders (the "Meeting") held earlier today.
Board of Director Changes
The Company welcomes
Margot Naudie
and
Paul McRae
as independent members of the Board of
Directors (the "Board"), bringing extensive knowledge and experience to complement the capabilities
of the Board;
Margot Naudie
Ms. Naudie has more than 25 years of capital markets experience with expertise as a Senior
Portfolio Manager for North American and global natural resource portfolios. She has held senior
roles at leading asset management firms including TD Asset Management, Marret Asset
Management Inc. and CPP Investment Board. She was cited as a Brendan Wood TopGun
Investment Mind (Platinum) for five consecutive years. Margot is an active and engaged
independent Director on public and private company boards. She has a Bachelor of Arts in Politics
and Economics from
McGill University
, an MBA from the Richard Ivey School of Business, and is a
Chartered Financial Analyst (CFA) Charterholder.
Paul McRae
Mr. McRae is a corporate director with a distinguished reputation in project and construction
management in the mining industry for projects of all scales and complexities. His career spans more
than 40 years and includes a track record of on time and on budget projects. Mr. McRae served as
Project Manager on the highly successful De Beers Victor Project in
Northern Canada
, and he has
held leadership roles with numerous other projects from concept, construction and into operation in
Australia
,
Canada
,
USA
,
Spain
,
Chile
and
Portugal
. Prior to retirement he served as Senior Vice-
President Projects of Lundin Mining from 2012 to 2018 during which time he led the Eagle Mine in
Michigan
into production. Mr McRae has served on the board of Southern Hemisphere Mining,
Bluestone Resources and Filo Mining. He recently stepped down as a director of
Lundin Gold
where
he chaired the Board Technical Committee for the last 7 years. Mr McRae is currently a director of
Westhaven Gold.
Jeremy Wyeth
, President and CEO of Treasury Metals, commented: "We are very happy to have
Margot and Paul join our Board as we progress our project through to a construction decision. Their
skill sets will complement those of the Board at a very important time for Treasury Metals."
As a part of the Company's Board Renewal process initiated last year,
Marc Henderson
and
Daniel
Wilton
did not stand for re
election to the Board at the Meeting. The Board thanks Mr. Henderson
and Mr. Wilton for their valuable contributions to Treasury Metals over the years.
The Board is pleased to announce that
David Whittle
, an independent member of the Board since
August 2020
, has been appointed Chair of the Board effective
June 28, 2022
, replacing
William
Fisher
. Mr. Fisher will remain with Treasury Metals as a Director.
Voting Results of Annual Meeting of Shareholders
A total of 70,003,871 common shares were voted at the Meeting, representing approximately
50.71% of the votes attached to all the outstanding common shares of the Company.
Election of Directors
At the Meeting, all nominees listed in the Company's management information circular dated
May 2,
2022
were elected as directors of the Company to serve until the next annual meeting of
shareholders or until their successors are elected or appointed. Shareholders present in person or
represented by proxy at the Meeting voted as follows:
Number of Shares
Percentage of Votes Cast
Nominee
For
Withheld/Abstain
For
Withheld/Abstain
William Fisher
64,342,802
1,771,235
97.32
2.68
Jeremy Wyeth
64,345,555
1,768,482
97.33
2.67
Frazer Bourchier
65,022,884
1,091,153
98.35
1.65
Paul McRae
65,007,421
1,106,616
98.33
1.67
Margot Naudie
57,462,892
8,651,145
86.91
13.09
Christophe Vereecke
64,344,745
1,769,292
97.32
2.68
David Whittle
65,022,089
1,091,948
98.35
1.65
Flora Wood
65,023,587
1,090,450
98.35
1.65
Appointment of Auditors
At the Meeting, RSM Canada LLP was reappointed as auditors of the Company to hold office until
the close of the next annual meeting of shareholders or until a successor is appointed and the Board
was authorized to fix their remuneration, with the following results:
Number of Shares
Percentage of Votes Cast
For
Withheld/Abstain
For
Withheld/Abstain
64,054,600
5,949,269
91.50
8.50
The voting results will be available under the Company's issuer profile on SEDAR at
www.sedar.com
.
About Treasury Metals
Treasury Metals Inc. is a gold-focused company with assets in
Canada
. The Company's Goliath
Gold Complex, which includes the Goliath, Goldlund and Miller deposits, is located in
Northwestern
Ontario
. The Company also owns several other projects throughout
Canada
, including the Lara
Polymetallic Project, Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration
property Gold Rock. For further details about the Company, please visit
www.treasurymetals.com
.
SOURCE
Treasury Metals Inc.
View original content:
http://www.newswire.ca/en/releases/archive/June2022/28/c6173.html
%SEDAR: 00027114E
For further information:
Jeremy Wyeth, President & CEO, T: +1 416 214 4654; Orin Baranowsky,
CFO, T: +1 416 214 4654, Email: [email protected]; Twitter @TreasuryMetals
CO: Treasury Metals Inc.
CNW 17:00e 28-JUN-22