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Monument Mining Announces Full Results of Annual General Meeting of Shareholders
VANCOUVER , Feb. 10, 2014 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Mo...
About this update from Monument Mining Limited
[{"type":"text","content":"\n\nVANCOUVER, Feb. 10, 2014 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (\"Monument\" or the \"Company\") today announced the full results from its Annual General Meeting (the \"Meeting\") held on February 7, 2014 in Vancouver, B.C.  The Meeting had a record high turnout of shareholders representing approximately 75% of its issued shares eligible to vote at the meeting. Shareholders at the Meeting fixed the number of directors at seven and the seven Monument nominees who received the most votes were elected to the Board.  \n\n\"The record turnout and strong endorsement by shareholders of the Company's directors and management represent significant support for the Company going forward,\" said Robert F. Baldock, Monument's President and CEO. \"We look forward to delivering on the clear, disciplined plan we have in place, and continued work to build additional value for our shareholders.\"\n\nFurther information concerning the results of the meeting is set out below.\n\nBoard of Directors\n\nAt the Meeting, shareholders elected the following of management's nominees as directors for the ensuing year:  George Brazier, Robert F. Baldock, Cathy Zhai, Zaidi Harun, Gerald Ruth, Frank Wright and Graham Dickson. Director nominee Jean-Edgar de Trentinian received the fewest \"for\" votes of the eight management nominees. Given the shareholder-approved motion to set the number of directors at seven, Mr. de Trentinian was not elected to the Board.\n\nAuditor \n\nShareholders re-appointed Grant Thornton LLP, Chartered Accountants, to serve as the Company's auditors for the ensuing year and authorized the directors to fix the auditor's compensation.\n\nStock Option Plan and Grant of Stock Options\n\nThe adoption by the Company of a fixed stock option plan, as described in the Information Circular disseminated in connection with the Meeting, was approved by shareholders.  The grant by the Company of additional stock options was not approved.\n\nFor more information on these matters, please refer to Monument's information circular, available on SEDAR (www.sedar.com) or visit our website at www.monumentmining.com.\n\nAbout Monument \n\nMonument Mining Limited (TSX-V:MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia, with production cash...