Business
Scorpio Gold Announces Results of Annual General and Special Meeting
VANCOUVER, British Columbia, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSXV: SGN) announces that all resolut
About this update from Scorpio Gold Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSXV: SGN) announces that all resolutions put forward at the annual general and special meeting of the Company’s shareholders of the Company (the “Meeting”) held in White Rock, British Columbia on October 2, 2020. Brian Lock, CEO, comments “Scorpio Gold’s founder and Chairman, Peter Hawley, chose not to stand for re-election to the Board of Directors. On behalf of Scorpio Gold and the Board, I wish to thank Peter and express our sincere gratitude and appreciation for his many contributions to the Company as past CEO, director and Chairman.” The nominees listed in its management information circular dated September 2, 2020 (the \"Information Circular\") were elected as directors of Scorpio Gold. Detailed results of the vote for the election of directors are set out below: Name of Nominee Votes For % Votes For Votes Withheld % Votes Withheld Brian Lock 11,064,473 94.98 585,400 5.02 Peter Brieger 11,595,473 99.53 54,400 0.47 Peter Tegart 11,585,473 99.45 64,400 0.55 Ian Dawson 11,599,723 99.57 50,150 0.43 Bruce Dawson 11,600,473 99.58 49,400 0.42 Chris Zerga 11,527,864 98.95 122,009 1.05 Davidson and Company, LLP were re-appointed as auditor of the Company until the next annual general meeting of shareholders of the Company. Detailed results of the vote are as follows: Votes For % Votes For Votes Withheld % Votes Withheld 15,995,172 99.47 84,936 0.53 The renewal of the Company’s 2013 stock option plan was confirmed and approved by the shareholders of the Company. Detailed results of the vote are as follows: Votes For % Votes For Votes Against % Votes Against 10,480,073 89.96 1,169,800 10.04 The approval of the Augusta Control Person resolution was confirmed and approved by the shareholders of the Company. Detailed results of the vote are as follows: Votes For % Votes For Votes Against % Votes Against 10,515,273 90.26 1,134,600 9.74 The approval of the Mineral Ridge Option Agreement Resolution was confirmed and approved by the shareholders of the Company by special resolution. Detailed results of the vote are as follows: Votes For % Votes For Votes Against % Votes Against 10,612,573 91.10 1,037,300 8.90 The Company now has shareholder permission to close the second tranche of a private placement with Augusta In...