Orezone Announces Sean Harvey as Board Chair and Results of Annual and Special Meeting of Shareholders
OREZONE GOLD CORPORATION
450-505 Burrard Street
Vancouver, BC, V7X 1M3
T: 778-945-8977
OREZONE ANNOUNCES SEAN HARVEY AS BOARD CHAIR
AND RESULTS OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
June 10, 2024 – Vancouver, BC - Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company”
or “Orezone”) reports that all resolutions from the Company’s annual general and special meeting of
shareholders held on June 7, 2024 (the “Meeting”) were approved with 61.45% of the total issued and
outstanding shares of the Company represented at the Meeting.
Following the Meeting, the directors of the Company appointed Mr. Sean Harvey as Chair of the board of
directors.
Sean Harvey, Chair stated “On behalf of the Company and the board , I would like to thank all of the
shareholders who voted and to welcome Ms. Tara Hassan as Orezone’s newest board member. In
addition, we are grateful for Mr. Michael Halvorson for his past leadership and dedication to Orezone
during his tenure as Chair and director. Under Mr. Halvorson’s guidance , the Company achieved
significant milestones as it advanced Bomboré from an exploration stage project through development
and into production. We also want to thank Mr. Charles Oliver who was a long-standing member of the
board and made invaluable contributions to the Company.
I am honoured to assume the role of Chair and look forward to working alongside this talented and
dedicated team. The Company is focused on deleveraging the balance sheet, building a strong treasury
with the upcoming construction of the Stage I Hard Rock Expansion and a continued focus on exploration
with a planned multi-year campaign.”
Patrick Downey, President & CEO stated “On behalf of the board and shareholders, I welcome both Sean
and Tara into their new appointments. Sean has an extremely well-established track record in West Africa
and his experience will have a positive influence as the Company continues to establish a platform for
growth.
With respect to the Hard Rock Expansion, w e are finalizing the debt proposal received from Coris Bank
and expect to enter into a binding term sheet this month . With regards to the multi -year exploration
campaign, drilling is anticipated to commence in Q3 -2024. The focus of this program will be to add
additional high-grade ounces to the project’s mineral inventory, in addition to testing the broader Tier 1
potential of the Bombor é mineralized system. With the current mineral resource down to an average
depth of ~200m across 14km of strike, we see significant potential to advance on both fronts.”
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Results of Voting
Detailed voting results for the election of directors are as follows:
Nominee For % For Against % Against
Joe Conway 216,095,152 98.99% 2,195,913 1.01%
Patrick Downey 216,677,958 99.26% 1,613,107 0.74%
Rob Doyle 216,917,377 99.37% 1,373,688 0.63%
Kate Harcourt 217,717,302 99.74% 573,763 0.26%
Sean Harvey 216,222,198 99.05% 2,068,867 0.95%
Tara Hassan 216,918,822 99.37% 1,372,243 0.63%
Marco LoCascio 215,853,765 98.88% 2,437,300 1.12%
Matthew Quinlan 216,957,736 99.39% 1,333,329 0.61%
Additional matters approved at the Meeting are as follows:
• The number of directors was fixed at eight.
• The amendment to increase t he number of common shares reserved under the Company’s
Restricted Share Unit Plan by 7,500,000 common shares for a total of 15,000,000 common
shares was approved.
• The amendment to increase the number of common shares reserved under the Company’s
Deferred Share Unit Plan by 2,500,000 common shares for a total of 5,000,000 common
shares was approved.
• The Advance Notice By-Law was ratified and approved.
• Deloitte LLP was appointed as auditors for the fiscal year ending December 31, 2024, and the
board of directors was authorized to fix their remuneration.
The “Report of Voting Results” , which is available under the Company's profile on SEDAR+ and on the
Company's website, discloses the detailed voting results for the above resolutions. For additional details,
please also see the Management Information Circular of the Company dated May 10, 2024.
About Orezone Gold Corporation
Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining,
developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved
commercial production on its oxide operations on December 1, 2022, and is now focussed on its staged
hard rock expansion that is expected to materially increase annual and life-of-mine gold production from
the processing of hard rock mineral reserves. Orezone is led by an experienced team focused on social
responsibility and sustainability with a proven track reco rd in project construction and operations,
financings, capital markets and M&A.
The technical report entitled Bomboré Phase II Expansion, Definitive Feasibility Study is available on
SEDAR+ and the Company’s website.
Patrick Downey
President and Chief Executive Officer
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Vanessa Pickering
Manager, Investor Relations
Tel: 1 778 945 8977 / Toll Free: 1 888 673 0663
[email protected] / www.orezone.com
For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s website at
www.orezone.com.
The Toronto Stock Exchange neither approves nor disapproves the information contained in this news
release.