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Paramount Gold Nevada Announces the Voting Results of Its 2021 Annual General Meeting
WINNEMUCCA, Nev., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (“Paramount” or the “Company”) (NYSE American: PZG) announces the results of the
About this update from Paramount Gold Nevada Corp.
[{"type":"text","content":" WINNEMUCCA, Nev., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (“Paramount” or the “Company”) (NYSE American: PZG) announces the results of the votes from its annual general meeting of the stockholders which was held on December 9, 2021. There were 40,525,151 shares outstanding and entitled to vote at the meeting as of the record date of October 15, 2021, of which, 20,288,543 shares or 50.06% voted. The stockholders elected the following seven individuals to Paramount’s Board of Directors for a one year term expiring at the 2022 Annual General Meeting: Rudi Fronk, Glen Van Treek, Rachel Goldman, Christopher Reynolds, John Carden, Eliseo Gonzalez-Urien, and Pierre Pelletier. Detailed voting results of the election of directors were as follows: Name of Nominee For Withheld PercentageFor PercentageWithheld Rudi Fronk 12,489,889 824,657 93.81 % 6.19 % Glen Van Treek 13,097,853 216,693 98.37 % 1.63 % Rachel Goldman 13,116,679 197,867 98.51 % 1.49 % Christopher Reynolds 12,943,877 370,669 97.22 % 2.78 % John Carden 12,833,226 481,320 96.39 % 3.61 % Eliseo Gonzalez-Urien 12,954,719 359,827 97.30 % 2.70 % Pierre Pelletier 12,947,426 367,120 97.24 % 2.76 % There were 6,973,997 broker non-votes. The stockholders ratified MNP LLP as our independent registered public accountants for the year ended June 30, 2022 with 20,029,648 (98.73%) voting ‘for’, 178,933 (0.88%) voting ‘against’ and 79,962 (0.39%) abstaining to vote. The stockholders voted to approve an amendment to the Company’s 2016 stock incentive and equity compensation plan with 10,784,743 (81.00%) voting ‘for’, 2,303,416 (17.30%) voting ‘against’ and 226,387 (1.70%) abstaining to vote. About Paramount Gold Nevada Corp. Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company. Paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering joint ventures with producers for construction and operation; or constructing and operating mines for its own account. Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak. The Grassy Mountain Gold Project consists of approximate...